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PUBG maker Krafton is an AI defense company now, signs deal with Korean aerospace firm that includes investment of up to $1 billion aiming 'to expand the physical AI ecosystem'
PUBG developer Krafton is expanding into the defense sector by signing an investment deal with Hanwha Aerospace, focusing on "physical AI" and autonomous systems. Krafton aims to become an "AI-first company" by investing in GPU clusters and developing technology for defense applications, with CEO Kim Chang-han expecting the partnership to create a global defense technology firm.
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.