News
Musk and Amodei's Different Dreams Behind Space X-Anthropic Deal
1+ hour, 8+ min ago (383+ words) An intriguing development with potentially major implications for both the artificial intelligence (AI) and space industries has emerged. Elon Musk's Space X has joined hands with Anthropic. While the deal appears on the surface to be a simple infrastructure lease,…...
Space X Accelerates Nasdaq IPO, Targeting June 12 Listing
2+ hour, 3+ min ago (30+ words) Space X has accelerated its IPO timeline, targeting a Nasdaq listing on June 12 with ticker SPCX. The company aims to raise up to $75 billion at a $1. 25 trillion valuation....
New Gravity Theory Suggests Black Hole-Neutron Star Boundary May Disappear
4+ hour, 8+ min ago (396+ words) The boundary between black holes and neutron stars, which has been distinguished under Einstein's general theory of relativity, may disappear under a new gravity theory, according to research findings. The study is being recognized for opening new possibilities for understanding…...
Foreign Investors Dump Chip Giants, Snap Up Robot Stocks
8+ hour, 8+ min ago (419+ words) Net Buyers of Doosan Robotics After Selling Samsung and SK hynix Foreign investors unloaded their holdings of Samsung Electronics (005930. KS) and SK hynix (000660. KS), which had been on a rally, while snapping up robot-related stocks. According to the Korea Exchange…...
Anthropic Valuation Quintuples in 8 Months to $900 Billion Ahead of IPO
10+ hour, 37+ min ago (342+ words) Seoul Economic Daily On January 12 this year, Anthropic instilled fear in the market that Claude Co-Work would replace software industry jobs en masse. Then on the 7th of last month, the company released the Mythos model, which could serve as a…...
Space X Targets Nasdaq Debut as Early as December 12
8+ hour, 22+ min ago (327+ words) Seoul Economic Daily Space X, the aerospace company led by Tesla CEO Elon Musk, is set to launch its initial public offering as early as December 12. Reuters and CNBC reported Wednesday, citing multiple sources, that Space X plans to list…...
AI and Unmanned Systems: The Evolution of US Maritime Strategy
21+ hour, 9+ min ago (116+ words) War at Sea: America's Hegemonic Strategy (by Yoo Jae-joon, published by Badawiui Jeongwon) "He who rules the sea rules the world." Does this proposition still hold true today? Finally, the author asks where Korea stands in global maritime strategy. He…...
Alphabet to Issue Record 576. 5 Billion Yen Bond Amid AI Funding Push
19+ hour, 2+ min ago (34+ words) Alphabet will issue 576. 5 billion yen (5. 45 trillion won) in global yen bonds on Nov. 21, the largest yen-denominated bond ever sold by a non-Japanese company, to fund its AI infrastructure push....
Nobel Laureate Howitt Says National Dividend From Chip Boom Tax Surplus Premature
22+ hour, 2+ min ago (338+ words) Higher Profits Warrant Better Compensation, He Says on Samsung Strike Would Focus on Startups, SMEs if Running Korea's Economy Peter Howitt, professor emeritus at Brown University and last year's Nobel laureate in economics, said Wednesday that it is premature to…...
Lotte Mall Suji Hosts AI Festa Showcasing Future Technologies
1+ day, 1+ hour ago (179+ words) Pop-ups Featuring Wearable Devices Run Through the 20th Lotte Mall Suji is hosting an "AI Festa" event proposing a future-oriented lifestyle through the 20th of this month, the company said Wednesday. The event is organized around the concept of "shopping tailored to…...