AI Industry Development & Policy Dynamics

Cover foundation model launches, product releases, major company developments, funding activity, regulation, compliance, and compute infrastructure trends shaping the global AI landscape.
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South Korea's Four Major Oil Refiners Enter AI Data Center Immersion Cooling Market, Global Market Projected to Hit $2.5B by 2034

According to BizWatch, today (September 25) South Korea's four major oil refiners—SK Enmuve, GS Caltex, S-OIL, and HD Hyundai Oil Bank—formally expanded their immersion cooling business for AI data centers. The global immersion cooling fluid market is projected to grow from $448 million in 2026 to $
SK-2.87%
GS-5.30%
S-Oil-10.38%
GateNews·09-25 06:01
South Korea's Four Major Oil Refiners Enter AI Data Center Immersion Cooling Market, Global Market Projected to Hit $2.5B by 2034

Lightspeed Targets $250M India Fund with AI Focus

Lightspeed is targeting $250 million for a new early-stage India fund focused on artificial intelligence investments, according to a letter sent to investors on Thursday and a regulatory filing disclosed in late April. The new fund, Lightspeed India Partners V, will be half the size of its $500 mill
GateAiHorizon·09-25 05:09
Lightspeed Targets $250M India Fund with AI Focus

Luton Technologies Selects Mirae Asset Securities as Lead IPO Underwriter, Targets 2027 Pre-Listing Review

According to TheFact (더팩트), Luton Technologies, a South Korean AI service platform company, today (Sept 25) announced the selection of Mirae Asset Securities as lead underwriter and NH Investment & Securities as co-underwriter for its upcoming initial public offering. The company aims to submit a
GateNews·09-25 02:43
Luton Technologies Selects Mirae Asset Securities as Lead IPO Underwriter, Targets 2027 Pre-Listing Review