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Gwangju, 'AI 2nd fund' formed with KRW 117.9 billion

Gwangju, a representative city of artificial intelligence (AI), has established a man-made intelligence investment fund of 117.9 billion won for the primary time in 4 years and is looking for to support local artificial...

Securing KRW 50 billion investment in AI creation and publishing platform…”Expansion into multimedia”

It was only a 12 months ago that the news that a novel was published in a number of days by writing with 'ChatGPT' and drawing with 'Dali' became referred to as an overseas...

DeepX reaches KRW 120 billion in Series C funding… “Just over a month until closing”

It has been reported that Deep Bloomberg reported on the twenty sixth (local time) that DeepX secured 60 billion won in funding from Skylake Equity Partners and 30 billion won in funding from existing investor...

'Deepfake video conference' fraud of KRW 34 billion occurred in Hong Kong… “Participant's appearance and voice are similar to the actual thing”

An incident occurred through which an worker of a financial company in Hong Kong lost a big sum of money after being tricked right into a video conference with a fake chief financial officer...

Taiwan invests KRW 770 billion in constructing its own LLM… “Chinese chatbots force 'One China'”

Taiwan has begun constructing its own Large Language Model (LLM) to flee China's influence. It's because Chinese chatbots reminiscent of Baidu's 'Erniebot' emphasize 'One China'. Bloomberg reported on the twenty sixth (local time) that...

Paris-based Startup and OpenAI Competitor Mistral AI Valued at $2 Billion

In a big development for the European artificial intelligence sector, Paris-based startup Mistral AI has achieved a noteworthy milestone. The corporate has successfully secured a considerable investment of €450 million, propelling its valuation to...

Elon Musk is seeking to raise $1 billion for xAI

Elon Musk is seeking to raise 1/44 of a Twitter for his AI company, xAI. In other words, the person behind Tesla, SpaceX and X is looking for $1 billion in funding for his...

Amazon Plans to Invest As much as $4 Billion into Pioneering AI Startup, Anthropic

In a colossal and groundbreaking move, Amazon has unveiled plans to take a position as much as $4 billion in Anthropic, a synthetic intelligence startup with a vision to create more comprehensible and controllable...

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