LG Launches K-EXAONE 2.0, South Korea's Largest Open AI Model
LG AI Research released K-EXAONE 2.0, a 750-billion-parameter open-weight model under the Apache 2.0 license, aiming to rival Chinese and US frontier AI labs.
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LG AI Research released K-EXAONE 2.0, a 750-billion-parameter open-weight model under the Apache 2.0 license, aiming to rival Chinese and US frontier AI labs.
Read more →Nvidia will buy a 4.5% stake in South Korea's Naver for about $1 billion, funding a data center expansion that will roughly quadruple AI computing capacity at its Sejong facility by 2028.
Read more →Samsung Electronics and Broadcom signed a memorandum of understanding worth more than $200 billion covering memory, chip manufacturing and packaging for AI accelerators through 2030.
Read more →Nvidia and South Korea's SK Group signed letters of intent for a $500 billion-plus AI infrastructure and memory-chip partnership, including a new 2-gigawatt AI factory.
Read more →NVIDIA and South Korea's KAIST are building a $300 million joint research lab in Seoul to develop agentic AI models tailored to the Korean language, backed by yearly compute grants and researcher funding.
Read more →SK Hynix, the top maker of AI memory chips, began trading on Nasdaq on July 10 in the largest-ever US listing by a foreign company, with shares jumping 13%.
Read more →Samsung Electronics said preliminary operating profit for the second quarter jumped roughly 19-fold as AI-driven demand pushed DRAM and NAND memory prices sharply higher.
Read more →President Lee Jae Myung unveiled a sweeping national strategy on June 29, committing at least $880 billion from Samsung, SK Hynix, and major Korean conglomerates to semiconductors, AI infrastructure, and data centers through 2035.
Read more →Samsung Group pledged 1,000 trillion won ($648 billion) at a South Korean government briefing on June 28, with over 350 trillion won targeting AI data centers and semiconductor factories across the country over ten years.
Read more →South Korea's leading chipmaker SK Hynix plans to raise $29.4 billion via a Nasdaq ADR offering — which would be the largest in history — to fund new AI memory production capacity.
Read more →The South Korean chipmaker behind more than half the world's HBM memory—the critical component inside AI accelerators—is seeking $29.4 billion on Nasdaq to fund four new semiconductor plants.
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