Samsung plans AI research centers in Canada, UK and Russia adding to US and Korea now

Samsung plans to establish three artificial intelligence (AI) Centers in Cambridge, the U.K. (May 22nd), Toronto, Canada (May 24th) and Moscow, Russia (May 29th) to strengthen the company’s AI capabilities and explore the potential of user-centric AI. Samsung Research also oversaw the creation of the new AI Centers in Seoul last November and in Silicon …

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South Korea will have wide availability of 10 Gbps internet by the end of this year

South Korea’s SK Broadband announced the launch of its new 2.5Gbps (gigabit per second) high-speed internet service. the Giga Premium service is three times faster than the already fast South Korea internet services. Existing customers who sign up for the service won’t need to change cables. The service will allow users to download high volumes …

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Asia and the world loading up on more tanks and armored vehicles

Asian spending on armored vehicles (tanks and armored personnel carriers) during the next decade is likely to reach USD166 billion. China, India, and South Korea are among the world’s top 10 spenders on military vehicles and are likely to contribute more than USD126 billion to the global market during the next decade. China will go …

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Jibrel encodes compliance with financial regulations into tokenized currencies -US dollars and Korean Won

Nextbigfuture interview with Talal Tabbaa who is the Jibrel BizDev Lead and co-founder. JCash is launching tokenized US dollar and Korean Won. Working with three to four banks (tier1 and tier 2 banks). They are trying to go through roughly 10 week pilots. Announcements for each bank will be made after the pilots are successful …

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Japan and South Korea likely to add F35B fighters for aircraft carriers

Japan will convert two helicopter carriers into aircraft carriers by enabling them to launch F35B stealth fighters. South Korea and Japan are considering having F-35B stealth aircraft launch from the deck of amphibious assault ships. The F-35B — a fighter jet capable of short takeoffs and vertical landings — would be used on navy vessels …

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USA First and China Second in Internet Ranking Index

China ranked second after the United States in an internet development index released on Monday that gauges six dimensions from internet infrastructure to application among 38 countries. China has the largest number of internet users and is the world’s top e-commerce and mobile payment market by transaction volume, according to the Global Internet Development Index, …

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Korea partially opens city for testing self driving cars

South Korea will open a test bed road for self-driving cars to allow companies and researchers to check their cars in a real road environment, the transport ministry said Monday. The 320,000 square meter facility, called “K-City,” has been under construction in Hwaseong, Gyeonggi Province with some 11 billion won ($9.77 million) being injected into …

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Australia, Argentina, Chile and the USA will be the top suppliers of Lithium

Almost 60 percent of supply from world’s planned large lithium projects through about the next five years will be added in Australia. Australia will cement its position as the top supplier of lithium according to CRU Group. The biggest mines due to enter production next year are both about 120 kilometers (75 miles) from Port …

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