Kakao has set a 2030 revenue target of more than 6 trillion won ($4.3 billion) for its planned KakaoAI business as it prepares to bring AI agents directly into KakaoTalk and separate its investment operations into KakaoX. Yonhap reported on…

The Bank of Korea warned that leveraged trades tied to Samsung and SK Hynix could amplify market volatility if the AI chip cycle weakens.

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ByteDance signed a $29.6 billion loan involving 28 banks as the TikTok developer increases spending on AI chips and data centers.

OpenAI CEO Sam Altman ruled out a 2026 IPO, citing safety and alignment work while declining to set a firm listing date.

PayPay has added UnionPay QR at Japanese merchants, while SMBC is deploying an OpenAI-powered interpreter for multilingual banking.

Solana co-founder Anatoly Yakovenko has questioned the financial motives behind proposals to slow frontier AI development.

Advanced AI has cut the time banks may have to repair software flaws from weeks to minutes, according to a new Bank for International Settlements paper that calls for faster security decisions and patching. The Bank for International Settlements paper,…

OKX has introduced pre-IPO derivatives tied to OpenAI and Anthropic alongside 100 tokenized stock markets for eligible European traders. The Sep. 10 announcement from OKX said its new pre-IPO X-Perps allow eligible European customers to trade changes in the implied…