South Korean technology stocks, particularly chip manufacturers, experienced significant declines amid growing skepticism about the AI market and an extended chip rout. SK Hynix shares were notably affected, deepening their decline due to an earnings miss, excessive leverage by retail investors, and fears of Chinese competition.
The entire staff of Unknown Worlds, the developer behind Subnautica 2, will receive their bonuses following a settlement reached between parent company Krafton and studio leadership, though the CEO has stepped down.
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South Korean President Lee Jae Myung has nominated Han Seongsook as the country's first potential female prime minister in two decades. This nomination marks a significant moment for gender representation in South Korean politics.
A consortium including Naver, Krafton, and Mirae Asset has launched a 700 billion-won artificial intelligence fund specifically for investments in India.
Subnautica 2 is entering early access at last. IGN can exclusively reveal that both developer Unknown Worlds and publisher Krafton have agreed the game is ready for its early access release in May on…
South Korean game developer Krafton and Hanwha Aerospace have signed a memorandum of understanding to jointly develop physical artificial intelligence technology and establish a joint venture for its commercialization.
Krafton released its new audio foundation model, A.X K2 Raon-Speech, on the global AI platform Hugging Face. The model aims to create lifelike game characters and is part of SK Telecom’s consortium for an independent AI foundation model project.
Nvidia CEO Jensen Huang is scheduled to meet with executives from Krafton during his visit to Seoul to discuss physical AI. This meeting highlights potential collaborations in the field of artificial intelligence.
The boss of InZOI, Krafton's competitor to The Sims, reflected on the game's first year in early access, sharing insights into its struggles and successes. During a Q&A session, the boss acknowledged The Sims' three-decade dominance and believes they have identified the reasons behind its enduring popularity.
Korean game developer Krafton has appointed Lee Kang-wook as its first Chief Artificial Intelligence Officer (CAIO) to lead the company's technology strategy and oversee AI research and development.
Krafton announced a strategic investment in Neon Commerce, a global game commerce infrastructure firm, as the Korean game developer aims to establish its own payment ecosystem and enhance direct engagement with players worldwide.
Naver has signed a strategic partnership with game publisher Krafton to enhance the esports content ecosystem for PUBG: Battlegrounds through long-term collaboration.
Subnautica 2 has achieved such significant sales success that publisher Krafton has reportedly agreed to pay a $250 million earnout to the developers, a bonus central to a past legal dispute.
Krafton CEO Changhan Kim reportedly used ChatGPT to plan the dismissal of 'Subnautica' studio heads to avoid a US$250 million bonus payment. A court has since ordered the reinstatement of the studio's leadership, thwarting the CEO's attempt.
Krafton has been ordered to reinstate the former boss of Subnautica 2 studio Unknown Worlds and extend its employees' proposed $250 million bonus, in a stunning legal judgment that strongly favors…
