For decades, productivity in finance meant closing the books faster, reducing transaction costs and improving reporting. Artificial intelligence changes that equation, because it can do more than execute routine work. It can interpret variances, detect anomalies, generate forecasts, test scenarios and recommend actions. This creates enormous capacity, but capacity is not the same as value. […] The post The AI productivity paradox: Why finance must move beyond automation appeared first on e27.
Read full articleThe startup world naturally rewards novelty. A new technology, a massive addressable market and a story about changing the world will always attract attention. I understand the appeal. I have spent much of my career around digital media, technology and entrepreneurs. But as an investor and operator, I have gradually become more interested in businesses […] The post Why I prefer boring businesses in a market obsessed with the next big thing appeared first on e27.
Every cycle, people say that crypto is dead. By retail, and by funding. Attention moves on to the next bubble, this time it is AI. However, when Y Combinator published its list of Biggest Startup Opportunities of 2026, crypto kept its place alongside AI, healthcare, defence, enterprise software, and climate technology. What surprised me was […] The post Crypto is dead? Apparently not, says Y Combinator – Blockchain is still worth building appeared first on e27.
Apocalyptic warnings about the danger of uncontrolled artificial intelligence are adding new urgency to talks between President Trump and Chinese President Xi Jinping set for next week. Trump has dismissed AI’s existential threats as a “hoax” — a view that analysts say aligns with China’s general perspective. Intense competition for primacy and mutual distrust have...
Some experts believe AI may soon surpass human intelligence, setting off a technological transformation unlike anything in history.
There are two big tech-centric events that are being talked about today. The first and more obvious one is Pax Silica. The second is the upcoming listing of GCash into the local stock market. Although these two events are by themselves a big deal on their own merit, I would not have framed them to
Rep. Ro Khanna (D-Calif.) on Sunday said that the federal government should create a regulatory agency to oversee the development of artificial intelligence, similar to the Food and Drug Administration (FDA). "Well, we need to set up an AI agency like the FDA," Khanna told host Margaret Brennan on CBS News's "Face the Nation." "I...
PAJU, Gyeonggi Province — Hyundai Motor is banking on the redesigned Tucson to help turn around its weakening sales momentum, putting one of its global best-selling SUVs at the center of its global sales strategy in the second half of the year. The automaker unveiled the fifth-generation Tucson on Friday, six years after the previous model was introduced, positioning the compact SUV alongside the redesigned Avante and the facelifted Grandeur as key models for its swift sales recovery. The launch comes at a difficult time for the carmaker. Its domestic sales plunged 41.1 percent in August from the previous year to its lowest level in 11 years, largely due to production disruptions caused by a prolonged labor strike. With its relatively affordable, high-volume models expected to provide a more immediate boost to its global sales, the launch of the highly sought-after SUV came at the opportune time for the carmaker. Tucson is particularly important because its role extends beyond the Korean market. It is one of Hyundai's major global volume models, giving the company an opportunity to use
LG Innotek has developed an artificial intelligence (AI)-powered system that recommends components suitable for use in new products, the company said Sunday. Completed recently after two years of development, the system analyzes vast amounts of internal and external component data using AI and allows users to compare specifications and prices at a glance. LG Innotek’s key products include camera modules, semiconductor substrates and automotive components, each of which can contain hundreds of individual parts. By using AI to speed up component selection while considering both price and performance, the company expects to strengthen its competitiveness. When users enter the specifications they need, the system searches through the data of more than 2 million components in its database and suggests parts with similar specifications. By providing information on components previously purchased by LG Innotek and from the external market, the system significantly broadens the search domain. A distinctive feature of the system is its reference price function. The AI analyzes actual purchase r
Samsung Electronics said Sunday it held its eighth annual technology forum in the United States to share its artificial intelligence (AI) technologies and business strategies with global developers. About 80 executives from Samsung Electronics and global information technology companies took part in the 2026 Tech Forum in Silicon Valley, the company said in a press release. Samsung brass, including President Roh Tae-moon, who heads its device experience (DX) division, and Chief Technology Officer Yoon Jang-hyun, presented the company's mid and long-term AI vision and business strategies and exchanged views with participants on recent technology trends. Yoon discussed how the combination of next-generation AI technologies and robotics could drive changes in the future, the company said. "AI is a driving force for delivering intelligent and hyper-personalized experiences across every aspect of consumers' daily lives and for driving innovation," Roh said, adding that Samsung aims to provide customers with the best possible AI experience.
Tickets for Korea’s high-speed KTX trains will be available for booking up to two months before departure starting next month, extending the current one-month window. Along with the booking window, KTX will introduce a set of operational improvements for foreign travelers next month to make the reservation process more convenient, the government said Sunday. According to the Ministry of Land, Infrastructure and Transport and KTX operator KORAIL, customers will be able to book seats up to two months in advance starting Oct. 1. The government said the extension is intended to make it easier for travelers to plan trips around the country. For foreign visitors in particular, many book flights to Korea at least two months in advance, but KTX tickets have only been available one month before departure, making it difficult to plan their itinerary within the country. “Travelers will be able to book KTX at the same time as purchasing airline tickets, making it easier to plan domestic trips and use KTX more conveniently,” the ministry said in a press release. “Korean travelers will also be a
Shinhan Financial Group is expanding its partnership with Vietnam’s Vingroup beyond motor vehicle finance into capital markets, it said Sunday. Shinhan Financial Chairman Jin Ok-dong met with Vingroup executives Thursday at Shinhan Bank Vietnam’s headquarters in Ho Chi Minh City to discuss new areas of cooperation. Vingroup, the Southeast Asian country’s largest private company by market capitalization, has interests ranging from real estate to electric vehicles. Shinhan’s relationship with the group has so far centered on vehicle finance, particularly for VinFast, its electric vehicle (EV) unit. Since 2024, Shinhan Bank Vietnam has provided a cumulative $100 million in loans to VinFast customers. Shinhan Vietnam Finance financed around 14,000 VinFast motorcycles in the first half of this year, with total financing reaching 15 billion won ($10.9 million). The two parties now plan to explore capital market opportunities, including equity and bond financing through Shinhan Securities Vietnam. Shinhan Bank Vietnam and Shinhan Vietnam Finance will also expand their vehicle finance bu
Former President Obama on Friday slammed President Trump over his handling of how to approach artificial intelligence amid "doomsday" warnings coming from some in the tech industry about the technology's potential existential threat to humanity. Obama said during an interview at Colgate University in New York that the federal government must regulate AI, before referring...