Korea:001740

SK Networks and Sunway Join Forces to Drive AI Innovation and Explore Regional Expansion

*Extensive collaboration expected in AI-powered products and systems••• including possible joint venture & share swap *MoU will also see Sunway tapping the talent and innovation of PhnyX Lab, the Silicon Valley-based AI research and development arm of SK Networks *SK Networks, "We'll focus on boos...

2024-10-30 23:00 1792

Upstage Signs Multi-Year Strategic Collaboration Agreement with AWS to Accelerate Generative AI Innovation

* Over 400 customers including Shinhan Securities, Law&Company, and Intel, leverage Upstage to build custom LLMs, chatbots, and knowledge bases * Upstage leverages AWS's ISV Accelerate Program to expand its generative AI offerings globally SAN JOSE, Calif., June 27, 2024 /PRNewswire/ -- Upstag...

2024-06-27 20:00 1454

Upstage Optimizes Large Language Model for Intel® Core™ Ultra Processors

SAN JOSE, Calif. , June 7, 2024 /PRNewswire/ -- Upstage, a leading artificial intelligence (AI) company in enterprise solutions, will optimize its flagship large language model (LLM), Solar Mini, on Intel® Core™ Ultra processors. Upstage will also integrate Upstage's WriteUp app, a built-in writi...

2024-06-07 18:00 1279

SK Networks Launches AI Lab in Silicon Valley, USA

- Introducing 'PhnyX Lab': Tapping into Stanford University's Top AI Talent - SK Networks Leads the Charge in AI Technology Development, Service Verification, and Capability Internalization Across its Subsidiaries - "We aim to enhance our position as an AI company by bringing global AI talent an...

2024-04-24 22:00 1839

Upstage Raises $72 Million in Series B Funding to Expand Global Reach of its Groundbreaking AI Solutions

The AI startup has raised over $100 million in cumulative investment through Series A and B funding rounds, making it the most-funded AI software company in South Korea. SAN JOSE, Calif., April 16, 2024 /PRNewswire/ -- Upstage , a pioneering AI company specializing in large la...

2024-04-16 18:00 1145

Hico Management Launches 'Hico-Bow Joint Fund', Attracting External LPs. Accelerating AI Investments in the Tech Innovation Hub of Silicon Valley

* Forming a joint fund with the globally renowned VC, Bow Capital * Focusing on early-stage tech startups in the field of AI, Web3, Digital Transformation (DT), healthcare * Holds significance in attracting external LPs... leaping into an independent VC and enhancing investment expertise SEO...

2024-02-01 23:00 2031

SK Networks Collaborates with Vivek to Propel AI-centered Business-oriented Investment Company Through 'SK Networks Renaissance Project'

* Bow Capital Managing Director and NBA Sacramento Kings Owner Visits Korea * MOU to Form Large-Scale Investment Cooperation Consortium for SK Networks Renaissance Project… Investments Target the Purchase of SK Networks' Treasury Stock Alongside Major U.S. Investors * SK Networks Boosts Busi...

2024-02-01 05:00 1720

Kindred Ventures- SK Networks-SoftBank Ventures Asia Present Global AI Forum in Seoul, South Korea.

* 'AI WAVE 2023': Shaping the Future of Industries with AI, Offering a Platform for Investment Insights * Steve Jang and Kanyi Maqubela, Kindred Ventures' Managing Partners, Led the Discussions with the Leading AI Startups from Silicon Valley and Held Fireside Chats with SK Networks and SoftB...

2023-12-08 15:23 2701

SK networks Invests $2M in AI Farming Startup 'Source.ag'

* AI-powered Optimization of Farming Methods and Projected Yields: Pioneering Innovation in Greenhouse Agriculture * Strategic Investment Driven by Growth Potential in Smart Farm Market and Scalability of Technology * SK networks' Commitment to Strengthen Sustainability, DT, and Web3 in Line...

2023-06-08 09:03 2873

SK networks Hico Capital to Collaborate with Bow Capital on Investment Opportunities in the Global Tech Sector

* SK networks to collaborate with Bow Capital Management, LLC ("Bow Capital"), a venture capital fund formed by Vivek Ranadivé, Silicon Valley Veteran and NBA Team Owner * Collaboration to harness Hico Capital's Expertise to Propel SK networks Global VC Expansion * "Leveraging Investment Pr...

2023-05-31 13:13 2427

/DISREGARD RELEASE: SK networks/

We are advised by SK networks that journalists and other readers should disregard the news release, SK Networks invests$22M in the U.S. AI device startup 'Humane', issued10-Mar-2023 over PR Newswire. ...

2023-03-10 21:32 4255

SK networks seeks to promote blockchain business through joint efforts with Hashed

SEOUL, South Korea, Feb. 4, 2022 /PRNewswire/ -- SK networks has chosen blockchain business reinforcement as a key strategy to ensure future growth, and it is now seeking cooperation with Hashed, a specialized blockchain investment company.

2022-02-04 16:51 3569

SK networks becomes the 2nd largest shareholder of 'Everon', an EV charging company to accelerate its mobility business

SEOUL, South Korea, Jan. 19, 2022 /PRNewswire/ -- SK networks has been engaged in the mobility business through its affiliates 'SK Rent-a-Car' and car management brand 'SpeedMate', and is now making an investment in an EV infrastructure company to prepare for the era of home-based EV charging. T...

2022-01-20 08:42 1841

The Number of Used Mobile Phones Traded on MINTIT Marked One Million in 2021

* One million used mobile phones were traded in 2021 on the AI-based MINTIT ATMs,being a record three times the last year's number * Can be found in three major telecom stores in Korea accompanied by various campaigns e.g. marketing promotions linked with new mobile phonereleases, "MINTIT has...

2021-12-30 09:20 2439

SK networks signs an MOU with T-GAIA the largest mobile phone retailer in Japan on ICT business development.

SEOUL, South Korea, Dec. 16, 2021 /PRNewswire/ -- SK networks, the headquarters and subsidiaries, has been engaged in ICT business including ICT device distribution, communications network operation and ICT idle asset management. The company is now seeking cooperation with T-GAIA, the largest mob...

2021-12-17 11:46 2080

SK networks and LS-Nikko Copper, in ESG partnership for resource recycling

* The two companies signed an MOU for an ICT-focused recycling initiative … with a commitment for 3R (Reduce-Reuse-Recycle) research and collaborated social contribution activities. * Resource Recycling in Practice was kicked off by melting 50,000 mobile phones collected via MINTIT ATMs. * "...

2021-11-15 14:15 1934

SK networks joins EV100 to take the lead in eco-friendly management

SEOUL, South Korea, Nov. 10, 2021 /PRNewswire/ -- SK networks joins the international eco-friendly vehicle initiative to participate in the global response to climate change and move faster towards ESG management. SK networks announced ...

2021-11-11 10:28 1755