Korean on-device AI chip startup DeepX is preparing for an initial public offering after completing its current funding round in the first half of the year, CEO Lokwon Kim told Reuters. The company plans to appoint IPO banks once that financing wraps up, and its work with Hyundai Motor and Baidu highlights growing commercial traction for on-device AI hardware.
India and Korea have signed a MoU to strengthen ties focused on MSMEs. The agreement sets up a structured framework for ongoing dialogue on key MSME issues and encourages both sides to look for mutually beneficial opportunities. The ministry said the MoU is meant to create continuity in cooperation rather than one-off discussions.
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