MindLogic, an AI startup based in South Korea, has secured 7 billion won in Series B funding, with investment from Lee Soo-man, the former chief producer of SM Entertainment. This makes Lee Soo-man’s investment in MindLogic 10 billion won.  Known for actively backing promising Korean startups in drones and biotech, Lee has chosen MindLogic as […]

South Korea’s SK Networks Co. has made a strategic investment of 250 billion won ($19.02 million) in Upstage, a domestic artificial intelligence (AI) solutions startup specializing in private small-scale large language models (ssLLMs). Upstage’s AI technology stands out in the ssLLM market by emphasizing information security and domain-specific expertise, unlike traditional large language models. With […]

Riiid Labs, the global arm of AI-education company Riiid, announced the successful conclusion of its first-ever global Artificial Intelligence Education (AIEd) Challenge, created to accelerate innovation in education by building a better and more equitable learning model for students around the world.  Teams from Korea, Japan and Spain won the top three places, receiving $50,000, […]

Chaehyun Lee, CEO and Co-Founder of Dable  Inc., recently received a Presidential Citation from the Ministry of Science and ICT at the “21st Software Industry Day Awards Ceremony” for his contributions to Korea’s software industry development and pioneering overseas markets. The Ministry of Science and ICT grants awards to promote the software industry and encourage […]

The world is changing at such a fast pace that many high paying jobs that exist today were not even there five years ago- and it is hard to say what type of jobs will be available five years down the line. The reason for the big change? Technology. In this ever-growing world of technology, […]

Riiid Labs is the global arm of parent company Riiid and has been established in Silicon Valley to build upon Riiid’s success in Asia and to expand its business across the U.S., South America, Middle East and beyond. Riiid is a leading AI edtech start-up based in Korea, which successfully launched Santa for Test of […]

Riiid will be setting up an artificial intelligence-education database called Ednet, which seeks to drive the development of the AI-education industry.

Riiid recently secured $18 million in a Series C funding round.