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Micro Information Technology “Goal of sales of KRW 30 billion this yr… IPO in 2026”

Smile Information Technology (CEO Dong-wook Ahn), a multi-modal data platform specialist, held a media day at Chosun Palace Seoul on the twenty first and announced its business plans, including the ‘Smile Fly Up 2025...

Nscale to Invest $2.5 Billion in UK Data Centres, Powering Generative AI and Government Ambitions

Nscale, a London-headquartered AI hyperscaler, has unveiled plans to speculate a powerful $2.5 billion (£2 billion) within the UK’s data centre industry over the subsequent three years. This major commitment is about to bolster the UK...

Twelve Labs attracts KRW 43 billion in strategic investment… Technical cooperation with Databricks, Snowflake, Databricks, and SKT

Twelve Labs (CEO Jae-seong Lee), an organization specializing in image understanding artificial intelligence (AI), announced on the thirteenth that it had attracted a strategic investment value $30 million (roughly KRW 43 billion). This investment...

Shazam, music recognition usage exceeds 100 billion times… Probably the most visited song is ‘Dance Monkey’

‘Shazam’, a representative artificial intelligence (AI) music recognition app, has been used greater than 100 billion times. This corresponds to the quantity of searches for 12 songs by everyone on the earth. Apple announced on...

Funjin attracts 13 billion won in investment from KAI… “AI staff technology development collaboration”

Funjin (CEO Kim Deuk-hwa), a specialist in defense artificial intelligence (AI), announced on the twenty first that it had attracted 13 billion won price of equity investment from Korea Aerospace Industries (KAI) and signed...

Jeonnam Office of Education, budget for next 12 months is 4.885 trillion won… 32 billion ↓ in comparison with this 12 months

On the eleventh, the Jeonnam Provincial Office of Education compiled a revenue and expenditure budget for the 2025 Jeonnam Provincial Education Expenses Special Account value 4.885 trillion won and submitted it to the Provincial...

UK invests KRW 880 billion in decarbonising public transport

British public transport operator Go-Ahead announced on the seventh (local time) that it might invest 500 million kilos (roughly 880 billion won) in buses to decarbonize its fleet. The corporate will collaborate with Wrightbus to...

“That is the world’s best AI server”… MS unveils NVIDIA’s ‘Blackwell’ server price 2.7 billion for the primary time

Microsoft (MS) introduced the world's first server composed of NVIDIA's latest 'Blackwell' chip. Contrary to expectations that the server can be accepted in early December, it was revealed that the server was already in...

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