China approves Alibaba AI models for use in iPhone Duo and other Apple handsets

LG Electronics has built an alliance with Apple in the home artificial intelligence (AI) sector, unveiling a range of internet of things (IoT) devices that will be integrated into Apple's ecosystem. The two companies’ partnership is now extending into the home appliance sector, evolving from component supplies and service integration to jointly developing finished products. For LG Electronics, the collaboration provides access to Apple’s global ecosystem, while Apple can leverage LG’s expertise in home appliances to strengthen its presence in the smart home market. LG Electronics and Apple jointly held a new product showcase in Manhattan, New York, Tuesday (local time), unveiling seven IoT devices. LG Electronics North America CEO Kwack Do-yeong, LG Electronics Home Appliance Solution Platform Business Center Head Jung Ki-hyun and Apple Vice President of Hardware Engineering Matthew Costello attended the event. Dubbed as smart home accessories, the devices include indoor and outdoor cameras, a video doorbell, a smart lock, a smart thermostat and a temperature sensor. They were co-

The number of financial firms affected by suspected artificial intelligence (AI) agent-driven cyberattacks has risen to 16, more than double the seven initially reported, financial regulators said Wednesday. About 100,000 records containing personal information, including resident registration numbers, were exposed. The tally could rise as companies continue checking their systems for signs of intrusion. Regulators also found security deficiencies at 130 of the 555 financial firms reviewed, including failures to apply the latest security patches. The Financial Services Commission (FSC) disclosed the findings at an emergency response meeting. It said the breaches, reported since the beginning of this month, have affected banks, savings banks, credit finance companies, electronic payment providers and cryptocurrency businesses. The affected firms include four banks — Shinhan, KB Kookmin, BNK Busan and Hana — and four savings banks — Yegaram, Welcome, DB and OK. Hyundai Capital and KDB Capital are among the affected credit finance companies. Others on the list include online investment

Visitors take photos of mockups of zHBM and zNAND-O, 3D architecture for advanced DRAM and NAND memory chips, at Samsung Electronics' booth for the SEDEX 2026 semiconductor exhibition at Coex in southern Seoul, Wednesday. Along with Samsung Electronics, SK hynix and 300 other companies in the semiconductor supply chain are participating in the exhibition, which runs through Friday. Yonhap

LIG Defense & Aerospace (LIG D&A) has partnered with U.S. defense technology company Firehawk to develop a propulsion system for its Poniard guided rocket, as the Korean defense company seeks to expand its presence in the U.S. market. The two companies signed a teaming agreement Tuesday (local time) in Washington, D.C., to jointly develop propulsion technology for the 2.75-inch guided rocket system, known as "Bigung" in Korean. Under the agreement, the companies will work together on propulsion system development, with plans to expand the partnership into mass production, further technical cooperation and joint marketing targeting the U.S. government. Firehawk specializes in advanced energetics and propulsion technologies. The company has developed a thermoplastic manufacturing platform designed to overcome material and production limitations associated with conventional rocket propulsion manufacturing. Its technology can be applied across the production process, from propellant and rocket motors to complete munitions. The partnership is expected to support LIG D&A's efforts to localize

Hyundai Motor India inaugurated a new smart manufacturing plant in Talegaon, Pune, Maharashtra, on Wednesday, marking 30 years of operations in India as Hyundai Motor Group expands investment to strengthen the country’s role in its global production and export network. The facility will initially have an annual production capacity of 170,000 vehicles, with plans to increase it to 320,000 by 2030. The opening comes as the group plans to invest $15.5 billion in India from 2026 through 2032 to expand manufacturing, research and development, supplier networks and future mobility businesses. “India remains one of Hyundai's most important and strategic markets globally. The inauguration of the Pune plant reflects our long-term commitment to India's growth and our confidence in its bright future,” Hyundai Motor Group Executive Chair Chung Euisun said. The plant's opening was marked in a ceremony by Maharashtra Chief Minister Devendra Fadnavis, alongside Korean Ambassador to India Lee Seong-ho, state deputy chief ministers and senior Hyundai executives. The Pune facility will produce the H

Yangtze Memory Technologies Corporation (YMTC), China’s leading flash-memory maker, is set to grow revenue six times faster than its industry peers this year as it expands into server-related business ahead of a planned initial public offering (IPO), according to Counterpoint Research. The company’s server-related revenue was effectively zero in 2024, but could account for nearly 39 per cent of its revenue by 2028, according to the market intelligence firm on Tuesday. Much of the momentum is...

Anthropic has finally given its Singapore customers somewhere to knock. The San Francisco-based AI lab opened an office in the city-state on Wednesday, its fifth in the Asia Pacific, and signed a memorandum of understanding (MOU) with the Ministry of Digital Development and Information (MDDI) that puts AI safety testing at the centre of the […] The post Anthropic’s Singapore MOU bets on safety testing, not consumer reach appeared first on e27.

Elon Musk is jumping back into the political fray, reviving his role as a massive election spender and technology leader with a seat at the table again in Washington. Following a brief hiatus from President Trump’s orbit last year, Musk’s latest appearances in D.C. and influx of election cash signals he still has an appetite...

An AI chatbot that drafts a bad email is an embarrassment. An AI agent that sends it, to the wrong customer, with the wrong file attached, after approving the wrong refund, is a liability. Singapore’s regulators have clearly been losing sleep over the second scenario. On Wednesday, the Infocomm Media Development Authority (IMDA) announced three […] The post Singapore’s next AI industry may be the people who check the agents appeared first on e27.

Hyundai Motor Group will invest $15.5 billion in India from 2026 through 2032 to expand production capacity, strengthen research and development and build a broader automotive industry ecosystem in one of its key growth markets. The group announced the seven-year investment plan following a meeting between Executive Chair Chung Euisun and Indian Prime Minister Narendra Modi in New Delhi on Tuesday (local time). The investment will cover manufacturing expansion, R&D infrastructure, local supplier development and emerging mobility businesses, with the aim of strengthening India's role as a major production and export base for the group. To coordinate the investment, Hyundai Motor Group plans to establish a dedicated entity in India. The entity will oversee investments in R&D, future technologies and the broader automotive ecosystem, while identifying local partners and supporting strategic cooperation with Indian suppliers. “India remains one of Hyundai Motor Group’s most important and strategic markets globally. The past 30 years have been defined by our commitment to India. This inve

In early 2018, Yujun Chean and Prateek Jogani were selling car insurance with a cashback twist. Their Singapore startup, Vouch Insurtech, had just raised SGD1 million (then US$755,000) in seed funding as the parent of Thai insurtech FairDee. Eight years on, the pair are back with a much bigger cheque and a far more crowded […] The post Parallel Loop nets US$6.6M to sell enterprises the one thing AI models lack: context appeared first on e27.