Close
South Korea's current account recorded the biggest surplus in more than six years, driven by the global demand for chips used in artificial intelligence and other technology exports. The nation's economic growth was supported by strong exports, particularly in semiconductors and communications devices. Balance of payments data released by the Bank of Korea revealed a net $12.3 billion current account surplus in June, the highest since September 2017.
The surge in exports has helped boost confidence in South Korea amid global market volatility. While the latest export data suggests a potential cooling in demand, the overall outlook remains positive for the country's economy. Additionally, the increase in net assets in the financial account by $12.2 billion, the most since October 2020, further indicates the strength of South Korea's economic position.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
Log in
Sign Up
AI Tools - Popular
AI Tools - Categories
GPTs - Categories
AI for Jobs
