Jae-il Son
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After losing court battle and having to reinstate Subnautica 2 CEO, Krafton invests in $1B fund with South Korean missile manufacturer – #justsaying
Krafton has announced a strategic partnership with South Korean defense company Hanwha Aerospace to invest in a $1 billion fund focused on developing and commercializing technology across various sectors, including defense. The collaboration will leverage Krafton's expertise in game data and physics-based virtual worlds to advance physical AI software and its real-world applications.
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.
