Seoul

KKR-backed data center provider opens first facility in Korea

KKR-backed data center provider opens first facility in Korea

The Seoul opening comes less than a week after the company announced plans to expand its Jakarta operations to meet rising regional demand.
Shikhar Gupta · · 2 min read
A16z Crypto to open first Asia office in Seoul
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A16z Crypto to open first Asia office in Seoul

The venture firm, which invests in cryptocurrency startups, has raised over US$7.6 billion across four funds, according to its website.
Grace Priscilla Teo · · 2 min read
Korean chipmaker FuriosaAI seeks $300m in pre-IPO: sources
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Korean chipmaker FuriosaAI seeks $300m in pre-IPO: sources

The new fundraising could start as soon as January, with most proceeds expected to go toward developing FuriosaAI’s third-generation AI chip.
Minh Le · · 1 min read
OpenAI reportedly to launch Seoul office in September
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OpenAI reportedly to launch Seoul office in September

OpenAI announced its intention to open a Seoul office in May and has been hiring locally since then.
Grace Priscilla Teo · · 2 min read
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Salesforce-backed South Korean AI startup Datumo nets $15.5m

Co-founded in 2018 by Kim alongside five KAIST alumni, Datumo was formerly known as SelectStar.
Diya Lal · · 2 min read
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Seoul mayor pushes AI-led upgrade in governance

By the end of 2025, the city will launch its own large language model for policy support.
Diya Lal · · 3 min read

South Korea plans $7.3b package for chip manufacturing investments

The package will focus on chip materials, essential equipment makers, and fabless companies, Reuters reported.
Miguel Cordon · · 1 min read

Modhaus bags $8m in series A money to blend K-pop with blockchain

Modhaus sees its platform Cosmo as the “K-pop Linkedin” where fans can connect with idol groups and collect their NFT-format photocards.
Deepti Sri · · 2 min read

South Korea allocates $177m to back local metaverse industry

The city government of Seoul is also building a metaverse platform designed to give citizens virtual access to public services, CNBC reported.
Kul Bhushan · · 1 min read

Seeds Capital backs energy storage firm’s $3m round

VFlowTech provides alternative, industrial-scale energy solutions that are low-cost and allow for longer storage durations.
Kul Bhushan · · 2 min read