Friday, July 31, 2026

Ex-South Korean President Denies Role in Drone Crisis, Says He Wasn’t Briefed

A special investigation team questions former President Yoon Suk-yeol about allegations related to the 2024 South Korean martial law crisis.

Kim Claims Economic Milestones Despite Sanctions Pressure

North Korea's 9th Workers' Party Congress highlights achievements and future goals, emphasizing self-reliance and international status under Kim Jong Un.

North Korean Forces Recognized for ‘Heroic Deeds’ in Russia’s War Effort

Putin thanks Kim Jong Un for North Korean troop support in Kursk, emphasizing strong ties and cooperation between Russia and North Korea.

Tag: funding

North KoreaKoreaKimMilitaryAISouth KoreamarketrelationsInternational

LegoChem expands options beyond early ADC licensing into late-stage clinical development

LegoChem Biosciences secures funding to advance ADC therapies into late-stage trials, enhancing strategic flexibility in biotech.

Drug Development Is Inherently Unprofitable, Biotech Industry Warns as Delisting Reform Looms

South Korea's biotech sector faces stricter delisting rules, raising concerns over innovation and funding for drug development.

Why Anthropic Calls for a Global Pause on AI Development: The Risks of Recursive Self-Improvement

Anthropic calls for a global pause on advanced AI development to address risks of autonomous self-improvement amid competitive pressures.

NAVER to Invest Heavily in Creator Ecosystem as AI Search Competition Shifts to Data Quality

Naver will support creators of AI search content with 20 billion won annually to enhance AI search service competitiveness.

Seoul St. Mary’s Prof. Jang Ki-yuk Selected as Sole Applied Medicine Researcher in National Leader Program

Prof. Jang Ki-yuk of Seoul St. Mary's Hospital receives $5.2M for cardiovascular disease research, focusing on plaque regression.

Ulsan selected for “AI ship specialized platform” project…secures $140 million in government funding

Ulsan City secures $140M for an AI ship platform project, enhancing navigation and efficiency through software-driven technology.

Ulsan’s Groundbreaking Underwater Data Center: How It Plans to Slash Cooling Costs and Boost Efficiency

A South Korean city will host an underwater data center project, using seawater cooling, with $30M federal funding over five years.

South Korea Launches $36 Million Medical AI Testbed Program for Real-World Clinical Trials

South Korea launches a $36M initiative for medical AI testing, supporting SMEs and startups in real-world healthcare applications.

215 Doctors Under Investigation: How Loan Fraud in Hospital Startups Exploded to 130 Billion Won

Police investigate 215 doctors for fraud involving inflated bank balances to secure $975 million in loans for hospitals.

Inventage Lab Secures 985 Billion KRW: What This Means for Long-Lasting Injection Solutions

Inventage Lab secures 985 billion KRW to enhance its drug delivery platform, focusing on long-acting injectables for obesity and more.

New Hope for Solid Tumors? Korean Biotech Starts Phase 1 Trial of Targeted Drug

Digmbio secures 12 billion KRW for clinical trials of cancer drug DM5167 and advances treatment for degenerative brain diseases.

AI Optimization Just Got a 5X Upgrade—And a $4.5M Endorsement

TheStage AI secures $4.5M funding to enhance AI model optimization, aiming to reduce GPU reliance and improve performance significantly.

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