General

OpenAI executive expects humans to control AI

OpenAI chief strategy officer Jason Kwon said Monday he expected humans to keep control over artificial intelligence, playing down concerns over the unchecked development of the fast-growing technology.

Kwon told an AI forum in Seoul that finding wa…

(EDITORIAL from Korea JoongAng Daily on Aug. 12)

Former Gyeonggi Gov. Kim Kyung-soo is reportedly included in a list of people eligible for presidential immunity on the occasion of Aug. 15 Liberation Day. The list will be announced in Tuesday’s Cabinet meeting to be presided over by President Yoon …

Seoul shares up over 1 pct late Mon. morning on tech rebound

South Korean stocks traded over 1 percent higher late Monday morning as blue chip shares gained ground following last week’s rout.

The benchmark Korea Composite Stock Price Index (KOSPI) had added 26.54 points, or 1.03 percent, to 2,614.97 as of 11:…

Cosmax Q2 net profit up 28.9 pct to 35.3 bln won

Cosmax Inc. on Monday reported its second-quarter net profit of 35.3 billion won (US$25.8 million), up 28.9 percent from a year earlier.

The company said in a regulatory filing that operating income for the April-June period rose 1.4 percent on-year…