Patreon is laying off 20% of its workforce, approximately 93 employees, due to AI's fundamental transformation of the tech industry and company operations, according to CEO Jack Conte. This follows a previous 2022 layoff and office closures in Dublin and Berlin.
South Korea's government will accelerate AI transformation in the public sector, expanding an AI-driven work system to all central agencies by year-end and disclosing 100 types of public data for AI use. The goal is a "people-centered AI government" offering tailored welfare services.
South Korea's government plans to accelerate AI adoption in the public sector, expanding an AI-driven work system to all central agencies by year-end and disclosing 100 types of core public data for AI-based applications. Prime Minister Han Seong-sook emphasized the goal of an "AI democratic government" that is capable and kind.
South Korean telecom operator KT Corp. announced plans to invest approximately 18 trillion won (US$11.8 billion) to become an AI transformation platform company. The investment will focus on cybersecurity, IT, networks, and AI infrastructure over the next three years.
South Korean telecom operator KT Corp. announced plans to invest 18 trillion won (US$11.8 billion) over three years to transform into an AI platform company, focusing on cybersecurity, IT, networks, AI data centers, and submarine cables, while also entering stable coin businesses.
IPA released a report on DX initiatives of listed companies, highlighting 51 "DX Brand 2026" companies and featuring interviews with the top 3 "DX Grand Prix" awardees: Bridgestone, Misumi Group, and Sumitomo Mitsui Financial Group.
WiseTech has started notifying staff about redundancies tied to its AI transformation, but employees said the company removed references to AI from an email sent to China-based staff. Workers in several countries described low morale, anxiety and unclear communication.
South Korea will establish a 1 trillion won industrial growth fund, with private banks pledging 1.1 trillion won in anchor investments, to support manufacturing AI transformation, regional growth, and new industries over three years.
South Korea's Industry Minister Kim Jung-kwan met with private and academic officials in Ulsan to discuss AI transformation of the city's industrial complex, focusing on petrochemical, automobile, and shipbuilding sectors under the Manufacturing AX Alliance.
Finance Minister Koo Yun-cheol urged major South Korean conglomerates including Samsung, Hyundai and SK hynix to continue innovating and developing new growth engines amid global industrial shifts like AI transformation. The minister noted the economy posted 1.7% quarterly GDP growth in Q1 — the fastest in 5 1/2 years — while pledging government support through regulatory reform and investment measures.
SEOUL, April 19 (Yonhap) -- The world is experiencing two different wars at the ...
