Global Liquid Air Energy Storage Systems Market to Grow at a CAGR Of 178.32% During the Period 2017-2021

Hyundai Motor’s autonomous driving road map is putting its ability to keep pace with Tesla under scrutiny, as the U.S. automaker rapidly gains stronger ground in Korea’s electric vehicle (EV) market. Last week, Hyundai Motor Group’s self-driving arm — 42dot — said it will introduce cars with Level 2+ autonomous driving technology based on Nvidia’s platform in the first half of 2028, followed by Level 2++ technology later that year. Vehicles equipped with the carmaker’s proprietary Atria artificial intelligence (AI) system will also be mass-produced in the second half of 2029, according to 42dot. Under the road map, the automaker seeks to close the gap with Tesla and other overseas autonomous driving leaders. But the timeline for Hyundai Motor's self-driving commercialization still leaves much to be desired, as Tesla has already turned into a consumer-facing product. Tesla’s Full Self-Driving (FSD) Supervised system is already available in Korea in limited form, although regulatory approval for its broader domestic operation remains a key hurdle. Tesla has also been expand

Kim Sang-yeol, founder and former chairman of Hoban Group, has built the company into one of Korea’s most aggressive investors, with his latest bet on Korean Air bringing Hoban’s Hanjin KAL stake nearly level with that of the airline’s controlling shareholder. Hoban Group has so far amassed a 20.15 percent stake in Hanjin KAL, the parent company of Korean Air, putting it just 0.42 percentage point behind Hanjin Group Chairman Cho Won-tae and his related parties, which collectively own 20.57 percent. That narrow gap puts Kim in a position to challenge the balance of power at Korea’s flagship airline — particularly if Korea Development Bank (KDB) decides to sell its 10.58 percent stake. The state-run bank has yet to decide how to sell its stake in Hanjin KAL. The decision may determine who holds the upper hand in the management rights for the integrated airline that is scheduled to launch on Dec. 17 following Korean Air's takeover of Asiana Airlines. Hoban has expanded far beyond its housing construction roots through a string of acquisitions and investments, including Taihan Cab

With Hoban Group’s stake in Hanjin KAL nearly matching that of Hanjin Group Chairman Cho Won-tae and his interested parties, Delta Air Lines and Japan Airlines (JAL) are emerging as potentially crucial allies in maintaining the Cho family's control of Korean Air. As Hoban closes in on Cho’s stake in Hanjin KAL, Korean Air’s controlling shareholder is counting on its old ally, Delta Air Lines, to help hold the line. Delta owns a 14.9 percent stake in Hanjin KAL, making it one of the largest shareholders and a key pillar of Cho’s shareholder base. The U.S. carrier has also maintained a deep strategic relationship with Korean Air for years, and is widely considered to stand in favor of Cho’s leadership. That support could become increasingly important as the ownership structure tightens. Hoban now owns 20.15 percent of Hanjin KAL, just 0.42 percentage point below Cho and his related parties. The gap is small enough to turn every major shareholder into a potential kingmaker, particularly as Korea Development Bank (KDB) still holds a 10.58 percent stake and has yet to decide when an

Grab Holdings is done dabbling in consumer lending. The Nasdaq-listed superapp operator has announced that it will pay US$1.49 billion in cash for a controlling 60 per cent stake in Atome Financial, the buy now, pay later (BNPL) and digital lending arm of Advance Intelligence Group (AIGL). It is, by some distance, the biggest fintech […] The post Grab’s US$1.49B Atome deal signals a deeper race for SEA’s credit economy appeared first on e27.

Sen. Jon Ossoff (D-Ga.) on Monday said President Trump likely will not heed calls from technology leaders to implement guardrails on the development of AI because of his family’s investments in the industry.  The Georgia Democrat pointed to venture capitalist firm 1789 Capital — where Trump's eldest son, Donald Trump Jr., is a partner —...

China is surging ahead of the US in consumer AI adoption as technology giants like Tencent Holdings and Alibaba Group Holding embed artificial intelligence directly into popular everyday apps, even as American models lead in capability, according to Morgan Stanley. A survey conducted by the bank and published in a report on Monday showed that 80 per cent of Chinese respondents used AI for personal purposes at least weekly, compared with 54 per cent in the US. China’s generative AI user base grew...

Chris Land’s journey to becoming the lead negotiator on a major Senate cryptocurrency bill started far from the halls of Congress. Land, who serves as the staff director for the Senate Banking, Housing and Urban Affairs Subcommittee on Digital Assets, was working in the Wyoming Legislature after law school, not planning to work on crypto,...

A cryptocurrency regulation bill is poised to face a key test on the Senate floor this week, as lawmakers weigh whether to advance the measure after nearly a year of negotiations. Supporters of the Clarity Act are trying to get crypto-friendly Democrats and a handful of GOP holdouts on board to clear the procedural vote...

GOP leaders in the Capitol and White House are throwing cold water on the notion of quickly adopting new AI safeguards, despite an apocalyptic new warning from industry titans about the threat the technology poses to humankind. Speaker Mike Johnson (R-La.) quickly dismissed the idea of moving swiftly to enact new regulations on the rapidly...

Amilo has completed its fourth acquisition in four years, folding Vietnam-based cross-border specialist SG Link into its network as it chases a bigger prize: becoming the operating layer for Southeast Asian merchants selling overseas. SG Link, now rebranded ShipX, connects sellers to more than 220 destinations and pools shipment volumes so smaller exporters can access freight rates […] The post Ecosystem Roundup: Amilo’s fourth buyout in four years bets on cross-border shipping appeared first on e27.

When generative artificial intelligence first swept through China’s technology sector, workers faced a clear directive from management: use AI and use it often. Consuming vast numbers of AI tokens – the basic unit of computing power needed to process text or write code – became a badge of honour, with companies often viewing a high token count as a sign that employees were productive and taking initiative. But those computing allowances are now being sharply rolled back as China’s leading...

Justice minister nominee Kim Seung-won said Tuesday, that if he is appointed, he will prevent information about an investigation by the police or prosecution from being “used politically.” His pledge is an apparent counterattack against independent Rep. Han Dong-hoon’s disclosure of probe materials about Kim’s alleged illegal lobbying activities. The justice minister nominee said Han, a former prosecutor, should disclose how he obtained the investigation materials. "If I am given the opportunity to serve as minister, I will correct [the practice of] the political use of investigative information," Kim said in his opening remarks at his confirmation hearing at the National Assembly. Kim, also a two-term lawmaker, was suspected of using his influence to lobby for the approval of a pharmaceutical company's COVID-19 clinical drug trial in October 2021, although prosecutors later suspended the indictment following an investigation. Han brought back the allegation after Kim's nomination was announced. Kim and the ruling Democratic Party of Korea (DPK) then claimed that Han obtained con

Choi Jae-boong, professor of interdisciplinary AI service design at Sungkyunkwan University, said education in the era of artificial intelligence (AI) should focus on cultivating humanity, while universities should move away from simply trying to restrict students’ use of AI and instead rethink how their curricula are designed. Choi shared such visions during his keynote speech at the 2026 Korea Times Global Conference at Korea Chamber of Commerce and Industry building in Seoul, Tuesday. Under the theme of “Beyond AI: building human-centered leadership for the next era,” he stressed that AI innovation is an inevitable future and that both leadership and education must undergo a fundamental shift to prepare for it. “Many Big Tech companies carried out layoffs over the past several years, but when I looked at their headcounts again earlier this year, they had increased because the companies were hiring more AI talent,” Choi said. “However, the focus of Korean universities last year and even this year was how to prevent students from using AI to do their assignments. Almost no

Southeast Asia’s e-wallet giants have spent a decade making digital payments boring, in the best sense. Tap to pay, scan a QR code, top up a prepaid line: no jargon, no friction, no need to understand what happens underneath. Now TrueMoney wants to apply the same trick to blockchain. The Ascend Money-backed fintech, Thailand’s leading […] The post TrueMoney and Fireblocks want Thai users on blockchain rails without them noticing appeared first on e27.

A few weeks ago I had the chance to get a preview into the new iOS 27 features that is launching today. The more streamlined child safety controls come from feedback from parents who deal with the realities of handing off their iPad or second-hand iPhone to their kids. The new iOS 27 child safety

OpenAI has appointed Sanjay Deshmukh as its first Vice President of Asia Pacific sales, a hire that signals the ChatGPT maker is moving beyond product launches and into the harder work of building an enterprise sales machine across one of its fastest-growing markets. Based in Singapore, Deshmukh will lead OpenAI’s commercial efforts across the region […] The post OpenAI hires former Elastic and Snowflake exec Sanjay Deshmukh to lead Asia Pacific sales appeared first on e27.

Asian and global stocks declined today as the benchmark US 10-year Treasury yield climbed above the critical five per cent threshold. That level pressures risk assets because it raises the discount rate applied to future corporate earnings. Semiconductor shares sold off sharply, dragging technology-heavy indices from Tokyo to New York. Investors are weighing two overlapping […] The post The CLARITY Act vote could send crypto to US$2.73T or crash it to US$2.6T appeared first on e27.

For all the talk of Tokyo’s growing openness to international founders, language still shapes how quickly doors open in Japan’s startup community. English-friendly meetups and conferences are far more common than they were a decade ago, but according to a new guide from Blackbox JP, the first few sentences a founder says in Japanese, however […] The post The 90-second pitch that helps foreign founders crack Tokyo’s networking scene appeared first on e27.

Hyosung Heavy Industries Co. said Tuesday it has secured 386.5 billion won ($286.7 million) in power transformer deals with two U.S. technology companies as Hyosung Group Chairman Cho Hyun-joon step ups the group's push into artificial intelligence (AI) infrastructure. The Korean company will supply 765-kilovolt (kV) ultra-high-voltage transformers worth 220 billion won for an AI data center in the southern United States and 345-kV transformers worth 166.5 billion won for another facility in the northern part of the country. The latest contracts come as Hyosung Group expands its power equipment business amid surging U.S. electricity demand driven by the rapid growth of AI data centers. "With demand for power infrastructure surging in the AI era, the industry is entering a supercycle for the first time in 60 years," Cho said in a release. Cho said Hyosung aims to become one of the world's top three players within five years by providing integrated power solutions ranging from transformers and circuit breakers to power stabilization systems, including high-voltage direct current (HVDC), st

Korea’s Fair Trade Commission (FTC) has approved Korean Air’s revised plan to integrate its mileage program with Asiana Airlines' program, setting conditions to preserve customer benefits and broaden opportunities to redeem points after the carriers merge. The country’s top antitrust watchdog approved the plan on Monday, nearly two years after it conditionally cleared Korean Air’s acquisition of Asiana. Under the original remedy package, Korean Air was required to submit a mileage integration proposal within six months of completing the acquisition on Dec. 12, 2024, and obtain regulatory approval before implementing it. Korean Air submitted its final proposal to the FTC on Sept. 1 after seven meetings with the regulator and four rounds of requests for revisions. Under the approved plan, Asiana mileage will be separately managed for 10 years from the date of the airlines’ official merger on Dec. 17, even after Asiana ceases to exist as a corporate entity. During that period, Asiana customers may retain their existing mileage instead of converting it to Korean Air’s program. As

Starting from S$1.48 a month, the expanded iCloud+ bundle replaces standalone Apple TV and Arcade subscriptions

When Keir Starmer recently argued that Britain must rebuild its hard power, much of the discussion focused on defence spending. That is understandable. After years of underinvestment, Britain faces difficult choices about military capability at a time of growing geopolitical instability. But money is only part of the challenge. Britain’s more fundamental foreign policy problem […] The post The geopolitics of scarcity: Why middle powers must learn to prioritise appeared first on e27.

OpenAI released GPT-6 Astra on September 3, and the number marketers should actually care about isn’t a reasoning score — it’s a stopwatch. In OpenAI’s own computer-use simulation, Astra finishes a task in roughly 40 minutes against about 75 minutes for its predecessor, GPT-5.6 Sol — nearly half the time for the same job. It […] The post GPT-6 Astra cuts AI task time nearly in half. It still can’t fix your audience data appeared first on e27.

Every AI lab telling you software is about to write itself runs its company on Slack. These are the people closest to the frontier. They say agents will soon build anything you can describe. And yet they haven’t replaced their own chat app. Or their CRM. Or their payroll. If “just build it yourself” made […] The post The SaaSpocalypse will be selective appeared first on e27.

Apple’s next-generation software updates is arriving days before the release of the iPhone 18 Pro, Apple Watch Series 12, and Apple Watch Ultra 4.

Artificial intelligence is quickly becoming part of the education conversation. For schools, teachers, students, and education technology companies, generative AI offers obvious possibilities: faster feedback, personalised explanations, automated administrative work, and new ways to create learning materials. But the most important question for edutech companies may not be what AI can do. It may be […] The post What Southeast Asia’s edutech startups can learn from AI’s limits in education appeared first on e27.

The Atto 1 is by no means the first electric hatchback, but more options are welcome in this relatively underserved space.

AI is automating tasks that used to take hours for humans to do. It’s pushing some costs down and it’s making some teams more productive. Don’t make the mistake, however, of thinking that using AI to do things more productively is enough to ensure your business has a competitive edge and succeeds. If you strip […] The post How to use AI to win (Hint: It has nothing to do with being more productive) appeared first on e27.

Walking into TCL’s showcase at IFA 2026, it was difficult to look at any one product without appreciating the wholistic impact of it all. The company had built its presentation around the idea of a connected home, with televisions, phones, appliances, smart glasses and AI-powered devices occupying different parts of the same experience. Rather than

President Trump is downplaying the mounting concerns about artificial intelligence and resisting calls for regulation, putting him out of step with a growing chorus of worries coming from within the tech industry and both sides of the political aisle. Trump, speaking with reporters over the weekend and in social media posts on Monday, said warnings...

House Minority Leader Hakeem Jeffries (D-N.Y.) is calling on House GOP leaders to remain in Washington to allow Congress to consider new limits on AI companies following dire warnings from industry insiders about the threat the technology poses to humanity.  Speaking to reporters Monday in the Capitol, Jeffries said the calls for a slowdown from...

Senate Majority Leader John Thune (R-S.D.) on Monday said any legislation Congress passes to regulate AI must have a “light touch” so as not to stifle innovation and tempered recent warnings that superintelligent AI could exterminate humanity as a “worst-case scenario.” “It needs to strike a balance, light touch. You don’t want to stifle innovation...

Political figures across the aisle, including Sen. Bernie Sanders (I-Vt.) and former Trump White House adviser Steve Bannon, are finding themselves on the same side of a growing fight over AI regulations. Sanders and Bannon are among a handful of political leaders speaking at a Tuesday event advocating controls to keep humans in charge of...

President Trump on Sunday backed the use of Flock cameras, a controversial surveillance tool. “Speaking of AI, Flock cameras. You haven't talked a lot about these Flock cameras. A lot of law enforcement say they really help them. Would you be willing to back that?” a reporter asked Trump on Air Force One. “No, I...

BEIJING (AP) — China's Ministry of Foreign Affairs on Monday bristled at the Anthropic CEO's call for the U.S. to curb China's artificial intelligence capabilities as part of a wider argument for a global slowdown on AI development. In a lengthy essay published Saturday, Dario Amodei warned that a “Chinese lead in AI would pose...

For many Southeast Asian merchants, selling overseas has never been a question of demand alone. A small brand in Vietnam, Indonesia or Thailand may find buyers on Amazon, eBay, Shopify or social platforms, but the harder problem begins after checkout: paperwork, duties, customs clearance, tracking gaps and freight rates designed for companies shipping far larger […] The post Amilo acquires SG Link to widen cross-border shipping for SEA sellers appeared first on e27.

A growing chorus of artificial intelligence leaders are calling for a slowdown of the technology's development following a researcher's ominous warning that AI could soon destroy humanity. Shortly after Anthropic CEO Dario Amodei called to slow down AI capability development, several of his competitors, including OpenAI CEO Sam Altman and xAI CEO Elon Musk, followed...

President Trump defended his approach to AI on Monday, saying the only protections needed are a “STRONG AND SMART (High IQ!) PRESIDENT” amid calls for AI guardrails. “The only control or ‘guardrails’ that AI needs is a STRONG AND SMART (High IQ!) PRESIDENT, and the U.S.A. has that, in spades!” he wrote on Truth Social....

Concerns that advancements in AI are becoming a threat to humanity dominated discourse in Washington over the weekend and have quickly moved near the top of the congressional agenda. While little is likely to happen weeks before the midterm elections, Democrats and Republicans alike are now grappling with rising anxiety over the issue. Join The...

LG AI Research, an artificial intelligence (AI) institute of LG Group, has unveiled “expert” AI models based on its EXAONE large language model, which are already delivering tangible results by addressing practical challenges encountered in real world industrial environments. The models were unveiled during LG AI Talk Concert 2026, held by LG AI Research to introduce use cases of its expert AI models, each specialized in manufacturing, science and finance. “Building a good AI model is important, but LG AI Research’s mission is to solve difficult problems that industries have struggled with for years,” LG AI Research co-head Lim Woo-hyung said during his keynote speech. “There are already many general-purpose AI models in the world that generate excellent answers. But solving problems in industrial settings requires AI that can understand numerous variables, even the 1 percent of exceptional cases. AI can prove its value in industry only when it can demonstrate tangible results.” As part of that approach, LG AI Research unveiled EXAONE Tabular and EXAONE Omni-Inspect. Tabular