San Francisco, CA – San Francisco-based Spendflo on May 13 launched Flo AI, an AI-based procurement system aimed at mid-market companies. The platform is designed to connect purchase intake, approvals, vendor management, contract review and accounts payable into a single workflow.The launch is less

San Francisco, CA —Vapi said on May 12, 2026 that it had raised $50 million in Series B funding, as enterprise voice AI moves from experimental pilots into customer-service and call-center infrastructure.The round was led by Peak XV, with participation from M12, Kleiner Perkins, Bessemer Venture Par

Singapore—Online travel platforms are increasingly restructuring their services around integrated trip management rather than individual bookings, as competition in the AI era shifts from search traffic to control over traveler data, payments and post-booking engagement.Agoda, on May 13, rolled out

STOCKHOLM—Pit said on May 7 that it has launched publicly with $16 million in funding led by Andreessen Horowitz, as the company seeks to build AI-native software for enterprise operations.The funding round included participation from Lakestar, Pit’s founders, executives from OpenAI, Anthropic, Goog

By George Prior, the deVere Group's spokesperson Edited by Korea IT TimesThe US-led “Project Freedom” initiative to guide stranded vessels out of the Strait of Hormuz may ease immediate pressure on energy markets, but it is unlikely to remove the broader disruption facing global trade.Oil prices

Irvine, California—Razer said on April 30 that it has released an updated version of Razer AIKit, its free, open-source AI development toolkit. The latest release extends the toolkit beyond text-based workflows to support image, video and audio AI models, while adding compatibility with Arm64 archit

Zurich, Switzerland—Mosaic SoC said on April 30 that it has raised $3.8 million in a pre-seed funding round led by Founderful, with participation from Kick Foundation, as it develops low-power perception chips for consumer devices. The Zurich-based company is building integrated circuits designed to

Austin, Texas —Black Ore said on April 29 that its Tax Autopilot platform is now broadly available to CPA firms, following a two-year early access program that included 75 firms selected from a waiting list of nearly 4,000.The company said the early access group included 40% of the top 20 CPA firms

Hana Bank has strengthened its global standing in private banking after securing two major awards at the Euromoney Private Banking Awards 2026.The bank announced on April 28 that it was named “Korea’s Best Private Bank” and “Korea’s Best for Succession Planning,” marking a dual recognition of its we

SK hynix announced on April 26 that it has received the Corporate Innovation Award at the 2026 IEEE Honors Ceremony held in New York on April 24 (local time).The award is presented by IEEE, one of the world’s most prestigious professional organizations dedicated to advancing technology for humanity.

Korea Land and Housing Corporation (LH) is accelerating its large-scale new city development project in Vietnam, formalizing a public-private partnership (PPP) framework to move the initiative into the execution phase.The company announced that it signed a basic agreement on April 21 in Hanoi to est

Coupang has strongly denied recent allegations that it sought to pressure the South Korean government through lobbying activities targeting the U.S. administration and Congress.In a statement released on April 24, the company said the claims circulating domestically are “not true,” adding that asser

LG Chem is expanding its presence in the growth hormone market with a renewed focus on patient experience, introducing an upgraded injection system designed to simplify long-term self-administration.The company announced the launch of a new product set combining a reusable pen device, Utrion EcoPen

Sunscreen has become a daily essential, especially during the summer. But while most routines focus on the face and skin, one area has largely remained overlooked: the scalp.Kolmar Korea is now stepping into that gap, developing a scalp-specific sunscreen and, in the process, testing the potential o

CG Bio has secured a key regulatory milestone in its expansion into the U.S. medical device market, obtaining FDA clearance for its patient-specific titanium implant designed for cranial and craniofacial reconstruction.Tthe company recently received 510(k) clearance from the U.S. Food and Drug Admin

New York City — Auctor said on April 15 that it has raised a total of $20 million, including a Series A round led by Sequoia Capital, as it seeks to build an AI platform for enterprise software implementation.Participants in the funding round included M12, Microsoft’s Venture Fund, HubSpot Ventures,

Hana Financial Research Institute has released its “2026 Korea Wealth Report,” highlighting emerging trends among high-net-worth individuals and introducing a new category of affluent individuals known as “K-EMILLI.”The report defines K-EMILLI as individuals under the age of 50 who have accumulated

Demand for artificial intelligence compute is rising sharply, and Orbital said in Los Angeles, California, on April 14 that the main bottleneck is no longer chip supply, but the power needed to run and cool large-scale AI infrastructure. The company, which is developing AI data centers for low Earth

Hanwha Aerospace said Friday it signed a follow-on contract with Finland’s Ministry of Defence to supply 112 additional K9 self-propelled howitzers and spare parts in a deal worth about €546 million.Deliveries are scheduled to begin in 2028, the company said. Finland first ordered the K9 system in 2

Samsung C&T’s construction division has unveiled “Next Material,” a next-generation finishing solution powered by digital vision technology, as part of its efforts to enhance competitiveness in the residential market.The launch follows the company’s earlier development of the “Next Home” testbed, a