The generative AI competition has entered its third year, with the leadership of the practical usage market firmly in the hands of Chinese open-source models. While the U.S. maintains an edge in top-performing models, it has struggled to find a counter to the low-cost onslaught, resulting in a significant loss of market share.According to the IT industry on August 10, the platform OpenRouter, which aggregates various AI models through a single API, reported that as of August 5, eight of the top

Kim Sang-sik, the coach of the Vietnam national football team, is gaining renewed attention in Indonesia following the team's elimination from the ASEAN Modern Cup 2026. Local fans and experts are citing his direct observation of opponents as a key difference in preparation that Indonesian football should learn from.On August 11, local media VnExpress and Indonesian football circles reported that during FIFA Day in June, Coach Kim visited Jakarta's Bung Karno Stadium to watch a friendly match be

Lee Yong-pil has been appointed as the new head of the Korea Institute of Industrial Technology Evaluation and Planning (KEIT), emphasizing the transition to artificial intelligence (AI) in manufacturing and innovation in future strategic technologies as his top priorities. He aims to support the development of industry-specific AI models and manufacturing data-based technologies, integrating AI into research and development (R&D) planning, evaluation, and performance management to elevate KEIT

The largest Hanbok expo in South Korea will take place from August 13 to 16 at the Art Hall of Dongdaemun Design Plaza (DDP), the Ministry of Culture, Sports and Tourism and the Korea Craft and Design Foundation announced on August 11.This year, a total of 149 Hanbok companies will participate, showcasing products from 133 domestic and international Hanbok businesses in the sales area. A variety of Hanbok items, including traditional and everyday wear, fabrics, accessories, bags, and household g

Prime Minister Han Myung-sook has instructed authorities to mobilize all available firefighting resources and equipment to combat a fire at a hazardous materials storage and processing facility in Cheongbuk-eup, Pyeongtaek.On the morning of August 11, she directed the National Fire Agency to focus all efforts on extinguishing the fire and conducting search and rescue operations. She also urged related agencies, including the Ministry of the Interior and Safety, the National Police Agency, Gyeong

Nvidia has announced plans to establish a $500 billion investment fund in collaboration with major Wall Street financial institutions to support artificial intelligence (AI) infrastructure. This fund aims to provide financing to customers looking to purchase Nvidia products, including graphics processing units (GPUs), although concerns about circular trading have been raised.On August 10, Jensen Huang, CEO of Nvidia, stated in a release that the company will create a large pool of funds with six

A flight was canceled in Canada after a child passenger refused to sit in their seat and wear a seatbelt. On August 6, Porter Airlines flight PD444 was departing from Victoria International Airport in British Columbia when crew members discovered a child standing on their seat instead of sitting down. Attempts by one of the child's parents and the crew to persuade the child to sit and fasten their seatbelt were unsuccessful. Determining that the flight could not take off, the crew returned to th

Naver's startup investment organization, Naver D2SF, has made its third follow-up investment in Endlight, which possesses technology for generating 3D data necessary for physical artificial intelligence (AI) training. As the physical AI market expands, securing data for robots to learn in real environments has become a key challenge, prompting Naver to strengthen its collaboration with related data infrastructure companies.Naver D2SF announced on August 11 that it has completed its third follow-

Hanwha Solutions' Wire and Cable (W&C) division is accelerating the commercialization of eco-friendly power cable materials made from recycled materials.On August 11, Hanwha Solutions announced that it has completed customer verification for its high-density polyethylene (HDPE) power cable jacket material, 'CHBA-8241RC,' which incorporates 50% recycled plastic (PCR), and is now moving forward with full-scale commercialization.CHBA-8241RC is an eco-friendly composite material developed in-hou