Gate News message, April 17 — Shinsegae Group, South Korea’s major retail conglomerate, and U.S. AI company Reflection AI announced on April 17 that they are advancing a comprehensive retail innovation project integrating AI across six core operational areas: product sourcing, ordering, pricing, logistics, inventory management, and customer management.
The two companies signed a memorandum of understanding last month in San Francisco for building and jointly operating an AI data center. Reflection AI CEO Misha Laskin will visit South Korea later this month to meet with Emart, Shinsegae’s flagship retailer, and discuss implementation strategies. The companies expect AI integration to enhance productivity, optimize inventory, and improve customer satisfaction through real-time product availability and dynamic pricing.
To focus resources on the Reflection AI partnership and AI data center development, Shinsegae Group has decided to discontinue discussions with OpenAI on AI collaboration, according to a company statement.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Worxphere Rebrands JobKorea With AI-Powered Hiring Tools
Gate News message, April 26 — South Korean HR platform Worxphere has rebranded JobKorea as it transitions from traditional online job boards to AI-driven hiring solutions. The company is consolidating services including JobKorea and Albamon into a unified platform covering permanent employment,
GateNews9h ago
Olenox Announces Merge With CS Digital to Develop Low Cost, Off-Grid Bitcoin Mining Opportunities
The two companies would agree to merge, with CS Digital receiving $55 million in an all-share transaction, to combine Olenox’s energy expertise with CS Digital’s expertise in bitcoin mining. The combined company would seek to develop off-grid mining and AI data center initiatives close to
Coinpedia10h ago
ComfyUI Raises $30M at $500M Valuation in Craft Ventures-Led Round
Gate News message, April 25 — ComfyUI, an AI creator tools startup, has raised $30 million at a $500 million valuation in a funding round led by Craft Ventures. Pace Capital, Chemistry, and TruArrow also participated in the investment, following a $19 million Series A round in late 2024 backed by Ch
GateNews04-25 02:51
XChat Launches on App Store with End-to-End Encryption and Grok Integration
Gate News message, April 25 — XChat, the standalone messaging app from X (formerly Twitter), officially launched on Apple's App Store on April 25. The app is now available for download and use on iOS, with the Android version coming soon.
XChat allows users to log in directly with their X account,
GateNews04-25 02:00
DeepSeek V4-Flash goes live on Ollama Cloud, US-hosted: Claude Code, OpenClaw one-click integration
Ollama Cloud has launched DeepSeek V4-Flash, with inference hosted on U.S. servers, providing three sets of one-click commands to connect Claude Code, OpenClaw, and Hermes. V4-Flash/V4-Pro use a MoE architecture, with native support for 1M context, and reduce costs with Token-wise compression + DSA sparse attention. In a 1M scenario, token FLOPs per token drop by 27%, and KV cache drops by 10%. API-compatible with OpenAI ChatCompletions and Anthropic, making it easy to switch between multiple workflows and lowering costs and data-sovereignty risk.
ChainNewsAbmedia04-24 10:45
