Krafton to invest $1 billion into South Korea defense company partnered with the U.S. navy
Krafton has announced a strategic alliance and investment of approximately $1 billion into Hanwha Aerospace's global AI, robotics, and defense initiatives. The partnership aims to develop and commercialize technology across various sectors, including defense, and will involve Krafton investing in a fund managed by Hanwha Asset Management. The companies plan to leverage Krafton's experience with large-scale game data and virtual worlds for physical AI training and verification, and will establish a joint venture for seamless development and commercialization.
- Entities
- Topic: AI
- Topic: Robotics
- Person: Palmer Luckey
- Company: Hanwha Aerospace
- Game: PUBG
- Company: Krafton
- Company: Hanwha Asset Management
- Company: Anduril
- Topic: Defense
- Person: Jae-il Son
- Game: Subnautica
- Company: US Navy
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