Journalist
Sohn Jie-ae
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[[WNMC 2026]] How AI is Transforming News Consumption AI is not only changing how news is produced but also how readers experience it. The era of searching for keywords and clicking links is fading, giving way to a time when content is delivered based on predictions of what readers want before they even ask. On June 3, at the Palais du Pharo in Marseille, the 77th World News Media Congress (WNMC) hosted a session titled "How AI Is Transforming the News Experience." The congress, which ran from June 1 to 3, attracted around 1,000 participants representing over 450 media organizations from more than 60 countries. The session was moderated by Dmitry Shishkin, former digital development editor at BBC World Service and now an independent media consultant. Panelists included Markus Knall, content chief and editor-in-chief at Ippen Digital in Germany; Astrid Maier, deputy editor and strategy chief at dpa in Germany; Sannuta Raghu, executive producer at Scroll.in in India; and Seo Hye-seung, editor-in-chief at AJP, a media group in South Korea. The central theme of the session was "liquid content," which refers to the concept that a single piece of reporting can change its form based on the context of the reader, reaching them in the appropriate format at the right moment. This contrasts sharply with the traditional model of waiting for readers to visit the media outlet. Shishkin's "user needs" model served as the theoretical foundation for the discussion. This model starts from the premise that readers consume news not just for information but also for various intents: to know, to understand, to feel, and to act. Shishkin has emphasized, "Tell the story you want to tell, but frame it from the angle that adds value for the reader." AI takes this model further by analyzing data to determine what a reader currently wants to understand or feel, automatically generating content in the appropriate form. The session also posed the fundamental question: "What does it mean to be a news agency in the AI era?" Traditionally, news agencies have acted as wholesalers, producing articles for other media outlets. However, as AI automates translation, curation, and distribution, the boundaries of what agencies can deliver are expanding. In this context, AJP's approach, led by Seo Hye-seung, gained attention. Aju Media Group operates as a multilingual, AI-native media organization, publishing content in five languages, including Korean, English, Chinese, Japanese, and Vietnamese, through its platforms Aju Economy, AJP, and AI Business Channel (ABC). Seo identifies AJP's identity in the AI era, stating, "In the age of search, language was tied to regions, but in the AI era, that equation is flipped. All major language models are fundamentally built around English, and Asia is increasingly described by AI trained on Western data. We have discovered the role of an Asian English news agency that writes in the language AI can best understand. This is the 'Asian substance in English.'" Seo elaborates on the paradox of being a latecomer designed as an AI-native. Although AJP is a latecomer in the English news agency market, its foundation built on AI has offset the disadvantages of starting late. He shared that Aju Media Group's founder, Kwon Young-gil, 72, adopted the principles "AI or Die" and "Start now, perfect later" after attending AI lectures at KAIST during the pandemic. Seo emphasized that while AI serves as a supportive tool, the role of journalists has become even more crucial. He stated, "Our motto is clear: to become journalists that AI can learn from and keep up with," noting that at AJP, reporters with less than two years of experience are producing in-depth features, interviews, and analysis articles of 5,000 words. In practice, AJP selects a portion of the approximately 300 articles produced daily by Aju Economy through a system called "AI Pick" and automatically distributes them in four additional languages. This automation has increased the publication volume in those four languages tenfold, and English traffic has reportedly risen by 30%. This session naturally connected with the previous day's discussion on "Discovery: How to Rethink Search in the AI Era." While the June 2 session addressed the evolution of search strategies from SEO to AEO (Answer Engine Optimization) and GEO (Generative Engine Optimization), this session looked ahead to a stage where readers experience news even before they search for it. This shift suggests that the long-standing question in the media industry is changing. Whereas publishers once asked, "What is the best journalism?" the new question is, "What is the best experience?" However, both sessions emphasized a common message: the fundamentals remain more important than technology. Algorithms and platforms may change constantly, but the direct relationship with readers endures. The third key point was how AI is rapidly expanding the reporting scope of local publishers. Sannuta Raghu from Scroll.in has led experiments using AI to cover broader communities with limited resources, demonstrating that local media with significant resource constraints can greatly benefit from AI automation. AJP shares similar findings. A small AI video and essay contest conducted last year with the Indian Embassy in Korea started with a mere $220 marketing budget but garnered around one million impressions, laying the groundwork for building India-focused content. Seo cited the example of BTS, explaining how the time saved by AI translates into enhanced reader experiences. Earlier this year, a BTS concert was live-streamed 24/7 for two months in Gwanghwamun, transforming into a platform for the global fandom, known as ARMY, in five languages. He stated, "We cannot wait for readers to come to us. We must go out and understand what they want to experience." Ultimately, the session converged on a single conclusion: while AI is shaking the foundations of news production, distribution, and consumption, the reader remains at the center. Technology is merely a tool, and the goal of 'predictive journalism' is to ensure that content finds its way to readers, enhancing their experience. Seo and the other panelists shared the vision that regardless of where readers are or what format they prefer, the aim is to deliver stories at the right moment, reinforcing that the media's competitiveness in the AI era lies in creating reasons for readers to return. 2026-06-03 16:09:00 -
SpaceX Aims for $1.75 Trillion Valuation in Upcoming IPO with Fixed Price of $135 American aerospace company SpaceX is reportedly targeting a valuation of approximately $1.75 trillion in its upcoming initial public offering (IPO). According to the Wall Street Journal on June 2, SpaceX plans to submit an amended filing to regulators soon, detailing the expected price range for its IPO scheduled for next week. Earlier this year, after acquiring Elon Musk's artificial intelligence company xAI, SpaceX was valued at about $1.25 trillion. The valuation target for this IPO is $500 billion higher. Reuters reports that SpaceX has set a fixed offering price of $135 per share and plans to sell 555.6 million shares, representing less than 5% of its total equity, to raise $75 billion. While the percentage of shares being sold is small compared to typical IPOs, the amount raised would be unprecedented. Reuters noted that fixing the offering price ahead of investor presentations and demand forecasts is highly unusual. Typically, companies propose a price range first and then finalize the offering price based on investor demand, which can lead to a price at the upper end or above the proposed range if demand is strong. This IPO is expected to be conducted entirely through new share issuance, meaning all funds raised will go directly to the company, with no existing shareholders selling their shares. The funds are anticipated to be used for expanding AI computing resources and satellite network growth. SpaceX plans to hold a corporate presentation for institutional investors in New York later this week to kick off its investor recruitment. It is also reported that preliminary interest checks, known as "testing the waters," have already been conducted with some investors. Goldman Sachs and Morgan Stanley are leading the underwriting for the IPO. Goldman Sachs will oversee the allocation of shares and the collection of funds, while Morgan Stanley will serve as the stabilization agent to support the stock price on the first day of trading. Bank of America, Citigroup, and JP Morgan are also participating as co-managers. SpaceX is expected to finalize the offering price on June 11 and begin trading on the Nasdaq under the ticker symbol "SPCX" on June 12.* This article has been translated by AI. 2026-06-03 16:06:00 -
OECD Raises South Korea's Growth Forecast to 2.6% Amid Semiconductor Boom The OECD has projected that South Korea's economy will grow by 2.6% this year, driven by a surge in semiconductor exports. According to the Ministry of Finance and Economy on June 3, the OECD raised its growth forecast for South Korea by 0.9 percentage points in its World Economic Outlook report. This marks the largest increase among the G20 nations. However, the forecast for next year has been lowered by 0.2 percentage points to 1.9%. Previously, the South Korean government, the Bank of Korea, and the Korea Development Institute (KDI) had also revised their growth forecasts for this year to the mid-2% range. Reflecting the economic boom, the KOSPI index has surpassed 8,000, and the current account surplus for the first quarter reached a record $73.3 billion. The OECD noted that the expansion in exports, particularly in semiconductors, has propelled overall economic growth and private investment in South Korea. It also projected that consumer spending will gradually recover, with both prices and volumes of exports increasing since the beginning of the year. Private investment has significantly benefited from the semiconductor sector. The OECD stated, "Private investment in South Korea is increasing, particularly in semiconductors," and added that by the end of this year, investment growth is expected to spread to other sectors, maintaining a strong performance. It also forecasted a gradual recovery in consumer spending from this year into next year, influenced by supplementary budget measures. The nominal economic growth rate for this year, adjusted for the GDP deflator, is expected to be 10.4%, while the general government debt-to-GDP ratio has been revised down by 4.8 percentage points to 50.2% compared to projections made last December. Consumer prices are anticipated to average 2.6% this year, influenced by the ongoing conflict in the Middle East. However, inflation rates are expected to return to target levels starting next year. The OECD believes that measures such as the maximum price cap on oil products and reductions in fuel taxes will help alleviate inflationary pressures caused by energy supply shocks. Nonetheless, an OECD official cautioned that these measures could increase the persistence of inflationary pressures and recommended a gradual phase-out. In contrast, the global economic outlook remains bleak. The OECD has lowered its global growth forecast for this year to 2.8%, down 0.1 percentage points from its March estimate. It attributed this downgrade to soaring energy prices and trade disruptions caused by the blockade of the Strait of Hormuz. Major economies, including the United States (2.0%), the Eurozone (0.8%), and Japan (0.6%), are expected to experience slower growth due to the impact of the conflict in the Middle East. Inflation rates for G20 countries are projected at 4.0% this year and 3.1% next year. The prolonged conflict in the Middle East is identified as the biggest downside risk to global economic growth. Should the war continue, global growth could decline by as much as 0.7 percentage points, while inflation could rise by 0.4 percentage points. Conversely, an early resolution to the conflict and increased global demand for artificial intelligence (AI) are expected to positively influence global economic recovery. An OECD official emphasized the need for monetary policy to address inflationary pressures and called for measures to expand the tax base to alleviate long-term fiscal burdens. He also highlighted the necessity for structural reforms across society, including diversifying energy supply chains.* This article has been translated by AI. 2026-06-03 16:03:00 -
President Lee Encourages Voter Participation on Election Day President Lee Jae-myung reiterated his call for voter participation on June 3, emphasizing real estate issues. This marked his fourth post on social media on election day.In a post on X (formerly Twitter), President Lee stated, "Housing prices and real estate in South Korea are already excessively high. Although the proportion of real estate in the assets held by citizens has decreased, it remains too high."He shared statistics from Global Property Guide, which compared nominal housing price changes in major Asian countries over the past year based on data from national statistical offices and central banks. According to the report, Vietnam saw the highest increase in housing prices at 24.3%, followed by Hong Kong at 9.8%, Tokyo at 8.2%, India at 3.6%, and Singapore at 3.4%.South Korea's housing price increase was recorded at 1.8%, similar to Malaysia at 1.7%, the Philippines at 1.6%, Thailand at 1.2%, and Indonesia at 0.6%.President Lee noted, "One of the reasons the South Korean stock market remains undervalued is that we must escape from being a speculative real estate republic and transition into a startup nation, developing into an irreplaceable core country."He concluded by encouraging participation in the elections, stating, "Choosing capable and loyal representatives will create a democratic republic of Korea that we can truly be proud of to the world."* This article has been translated by AI. 2026-06-03 16:03:00 -
Next President of the Credit Finance Association to Be Decided The next president of the Credit Finance Association will be revealed on June 4. Following the expiration of current President Jeong Wan-kyu's term in October of last year, the selection process has been delayed for about eight months, but it is now nearing completion. Recently, Kim Ki-hwan, former CEO of KB Insurance, was nominated as a candidate for the next chair of the Fire Insurance Association, raising interest in whether candidates with industry experience from private financial firms will gain traction in the Credit Finance Association election as well. According to the credit finance industry on June 3, the association will hold its second presidential candidate recommendation committee meeting on June 4 to decide on a single candidate for the next president. The committee will interview three final candidates: Park Kyung-hoon, former CEO of Woori Financial Capital; Yoon Chang-hwan, former policy chief for the National Assembly Speaker; and Lee Dong-cheol, former CEO of KB Kookmin Card. Each candidate will undergo a 40-minute interview. Following the interviews, the 15-member committee will conduct a secret ballot, and the candidate who receives more than eight votes will be recommended as the sole candidate. This candidate will then be confirmed as the next president if they receive a majority vote at the general meeting later this month. A notable aspect of this selection process is the absence of candidates from traditional financial regulatory backgrounds among the final contenders. Historically, the presidency of the Credit Finance Association has often been held by individuals with experience in financial authorities. However, this time, the competition is between two candidates from private financial firms who have led the capital and card sectors and one candidate with a background in policy and legislative affairs. Industry sentiment appears to favor the competition between candidates with industry experience, such as Park and Lee. Park has served as CEO of Woori Financial Capital after working at Woori Bank and Woori Financial Group. He is currently an outside director at Hanwha Savings Bank. Lee has held various roles, including vice president of strategy at KB Financial Group and CEO of KB Kookmin Card, and is noted for his strong understanding of issues in the credit finance sector due to his experience in both capital and card industries. Yoon, on the other hand, has served as policy chief for the National Assembly Speaker and as head of the AI policy task force for presidential candidate Lee Jae-myung. While his direct experience in the credit finance sector is relatively limited, he is evaluated as having strong capabilities in public relations at a time when responsiveness to the National Assembly and policy matters is crucial. The credit finance industry is currently facing several challenges, including card fees, funding costs, competition with big tech payment providers, and the soundness management of capital companies. Given the differing interests among various sectors, the next president will need not only the ability to communicate with financial authorities and the National Assembly but also a practical understanding to address member companies' issues. There is a growing interpretation in the financial sector that recent selections for association leadership have highlighted the importance of industry experience and practical leadership. In the Fire Insurance Association's chair selection, a candidate from the Financial Supervisory Service was included in the final interview, but ultimately, Kim, a former representative of a non-life insurance company, was recommended as the final candidate. With industry experience being favored in this first selection of an association president under the Lee Jae-myung administration, it is anticipated that candidates from private financial firms will also gain support in the Credit Finance Association election.* This article has been translated by AI. 2026-06-03 16:03:00 -
Jensen Huang and Choi Tae-won Strengthen Global AI Factory Alliance Choi Tae-won, Chairman of SK Group, and Jensen Huang, CEO of NVIDIA, reaffirmed their global artificial intelligence (AI) memory collaboration, solidifying their strategic alliance toward building an 'AI factory.' Their goal is to combine NVIDIA's AI chip design technology with SK Group's memory infrastructure to capture the next-generation AI data center market. According to industry sources on June 3, Choi and Huang met the previous day at Computex 2026 in Taiwan, where they toured the SK Hynix exhibition booth and examined key AI memory technologies and products. After the tour, Huang left a witty yet urgent message on a seventh-generation high-bandwidth memory (HBM4E) wafer, stating, "Please make more." This underscores the necessity of SK Hynix's memory infrastructure for the successful implementation of NVIDIA's next-generation AI accelerator designs. Huang also drew attention by writing "I love LPCAMM" on SK Hynix's 192GB low-power memory product. Speaking with South Korean reporters, he remarked, "Korea is the most important part of our AI semiconductor ecosystem. We have much to do together beyond just supplying chips and DRAM, including in science, robotics, and the AI factory sector." This indicates NVIDIA's intention to collaborate with Korean companies to create a next-generation AI hub that integrates AI infrastructure and software. However, Huang expressed concerns about the memory supply situation, stating, "We have secured supply chains in all areas, including HBM4, post-packaging, and silicon photonics, but we are still facing shortages." In response, Choi immediately pledged significant infrastructure investments and outlined his vision. He diagnosed that the expansion of AI infrastructure would lead to memory bottlenecks and shortages continuing until 2030. Choi declared, "We will double SK Hynix's total wafer production capacity within the next five years." Considering that building a new semiconductor fab takes at least three to five years, this proactive investment aims to fully absorb NVIDIA's explosive demand. Choi also actively embraced Huang's 'AI factory' agenda, indicating a transformation within SK Group. He emphasized, "Currently, we are merely a parts supplier producing memory chips for AI, but in the future, we want to directly challenge the production of AI factories that refine and generate intelligence." An AI factory refers to a next-generation data center that processes raw data to deliver advanced intelligence services. This reflects SK Hynix's ambition to evolve from a simple hardware supplier to a comprehensive AI infrastructure partner supporting NVIDIA's AI designs. However, Choi clearly stated that overcoming structural obstacles related to funding, power, and equipment supply over the next decade will be a challenge. To address this, SK Hynix plans to strengthen its collaboration within the AI memory ecosystem, including local supply chains such as TSMC and Foxconn.* This article has been translated by AI. 2026-06-03 16:03:00 -
Nikkei storms past 68,000 to record as chip-equipment makers lead AI rotation; Shanghai flat SEOUL, June 03 (AJP) - Japan's Nikkei 225 stormed past 68,000 for the first time in its history on Wednesday, closing up about 2.5 percent at around 68,400, as a fresh leg of the global AI trade reignited by record highs on Wall Street rotated decisively into the semiconductor equipment makers. With South Korea's markets closed for the national election, Tokyo carried the regional session while China's Shanghai Composite finished essentially flat at around 4,077. The detail that mattered most in Tokyo was not the size of the advance but its composition. The engine was the so-called picks and shovels of the AI buildout, the companies that make the machines that make the chips. Tokyo Electron soared about 13 percent to around 60,700 yen, the single biggest force behind the record, while Advantest, the chip-testing specialist, added about 5 percent to around 27,700 yen. The twist was that the rally's recent leaders sat it out. SoftBank Group, the AI-investment proxy that had surged to become Japan's most valuable listed company earlier in the week, fell about 3.5 percent to around 8,300 yen as investors took profits and rotated elsewhere. Even Toyota Motor, which had borne the brunt of the week's selling, bounced nearly 2 percent to around 2,900 yen. Wednesday's record was not the familiar SoftBank-led charge but a rotation within the AI trade, out of the high-flying proxy and into the equipment names that supply the industry. The move carried a currency tailwind, with the dollar pushing briefly above 160 yen, a weak-yen boost for Japan's exporters. With the yen near 160, the pressure on the Bank of Japan to raise rates at its June meeting only builds, a tension that has shadowed the Tokyo rally for weeks. Crude, meanwhile, rose more than a dollar a barrel after the week's de-escalation narrative sharply reversed. Secretary of State Marco Rubio told a Senate committee that Iran has mined large segments of the Strait of Hormuz, a concrete escalation that undercut the draft framework to reopen the waterway that markets had been pricing since late May. The reversal restores precisely the imported-inflation risk that has driven central-bank caution across the region, and it will greet Korean markets when they reopen Thursday. China's Shanghai Composite finished essentially unchanged at around 4,077, once again failing to join the records being set in Tokyo, but the flat headline concealed a movement that echoed Japan's theme: the chip names led. Cambricon, the domestic AI-chip champion often likened to Nvidia, jumped about 5.5 percent to around 1,370 yuan, the standout of the session. NAURA Technology, China's own semiconductor-equipment maker, rose about 1 percent to around 609 yuan, a more modest move than Tokyo Electron's but the same picks-and-shovels logic taking hold, while SMIC, the country's largest foundry, was little changed near 133 yuan. CNOOC, the state oil producer, climbed about 2.5 percent to around 36 yuan as crude firmed on the Hormuz escalation. Gains in chips and oil were enough to keep Shanghai green, but only just, as old-economy names continued to weigh. Across both of the day's open markets, the same signal stood out: the AI rally is maturing and rotating toward the equipment makers, even as crowd favorites like SoftBank pause for breath. That is what a broadening rather than a breaking rally looks like. The questions from here are whether the Bank of Japan moves in June, whether Shanghai can finally join a regional advance it has watched from the sidelines, and how Korean markets, reopening Thursday into a fresh oil shock, absorb a Hormuz reversal that lands just as the Bank of Korea was beginning to see currency relief. 2026-06-03 15:49:35 -
Lee Joong-geun's Philosophy of Honor: Remembering and Respecting for a Strong Nation One act of kindness can be an event, but over 30 years of practice becomes a philosophy. Recently, the Booyoung Group announced it would offer discounts on resorts, hotels, and golf courses to families with a history of military service, drawing attention. Some view this as a meaningful social contribution, while others question whether it serves as corporate promotion. Regardless, the discount itself is not the main focus; what truly deserves attention is the long-standing philosophy of honor demonstrated by Booyoung Group Chairman Lee Joong-geun. Corporate social contributions often end up as one-time events. Donations made on anniversaries, sponsorship of specific events, and distribution of promotional materials mark the conclusion. While these actions hold significance, a philosophy is characterized by repetition and sustainability. A single act of kindness may be an event, but decades of practice form a philosophy. Chairman Lee's veteran support cannot be explained by the discount for military service families alone; it must be understood as part of a long history of various activities, including support for national merit holders, honoring veterans, sponsoring military personnel, aiding veteran organizations, and promoting historical education. Honoring veterans is not just about remembering the past; it is about safeguarding the future. In our society, veteran support is often viewed through the lens of welfare, understood primarily as helping those who sacrificed for the nation. While this role is important, the essence of veteran support extends beyond that. Veteran support reflects a community's choice about what to remember and respect. A society that fails to honor those who sacrificed for the nation inevitably weakens the values of responsibility and dedication that sustain the community. Conversely, a society that respects sacrifice and dedication fosters stronger solidarity and a sense of responsibility, even in times of crisis. This is why major developed countries honor veterans and military personnel. A strong military derives from weapons and budgets, but robust security is rooted in culture and values. Veteran support is not merely a commemoration of the past; it is an investment in preparing for the future. In this context, support for military service families carries significance beyond simple discounts. It symbolizes society's respect and recognition for families where three generations have faithfully fulfilled their military duties. While this alone may not strengthen national security or enhance K-defense competitiveness, it undeniably contributes to fostering a societal atmosphere that respects those who have dedicated themselves to the nation. Today, businesses share the responsibility of the community. Modern corporations are not just profit-generating entities; they are members of a community with social influence. They create jobs, pay taxes, and transform local communities. Therefore, they are expected to fulfill both legal and social responsibilities. In the realm of veteran support, companies may find it challenging to anticipate promotional benefits. This area differs from sectors like environmental initiatives, cultural arts, or sports sponsorships, which enjoy greater public exposure. Nevertheless, Chairman Lee's long-standing interest in veteran support is commendable. When corporate social contributions evolve from one-time events into a management philosophy, social trust grows. The same applies to Chairman Lee. Support for military service families should not be seen as a sudden idea but rather as a facet of a long-standing philosophy of honor. While veteran support and defense industries may seem like different paths, they ultimately lead to the same destination. Aju Economy deeply resonates with this awareness. The organization has been hosting a literary contest to commemorate the lives, sacrifices, and spirit of those who dedicated themselves to the nation. Additionally, through defense forums, it has continuously highlighted the future of K-defense and the importance of national security. If the literary contest serves to reflect on the spiritual values of security, the defense forum can be seen as a platform to discuss the industrial foundation of security. Although veteran support and defense may appear as distinct areas, they converge on the same question: how to inherit and develop the strength that protects the nation. Remembering those who have dedicated themselves to the nation and fostering industrial capabilities to safeguard it are both efforts to sustain the community. In this regard, Aju Economy views Chairman Lee's actions not merely as corporate marketing but as a practice of community values that society must collectively contemplate. South Korea is currently emerging as a top 10 global economy and a leading defense powerhouse. However, national strength cannot be completed solely through economic and military power. A culture that remembers and respects those who have dedicated themselves to the nation is essential for sustaining community strength. Businesses grow through profit, but respect arises from values, not numbers. The discount for military service families may be a small initiative, but the philosophy and practice behind it over the past 30 years are anything but insignificant. Chairman Lee's message to our society is clear: veteran support is not a cost but an investment in the community. This message is a question that today’s South Korea must reflect upon once again: Are we truly remembering those who have dedicated themselves to the nation?* This article has been translated by AI. 2026-06-03 15:45:00 -
Microsoft Unveils Seven New AI Models, Including First Inference Model Microsoft (MS) has announced the launch of seven new AI models, including its first inference AI model, as part of its efforts to strengthen its independent AI ecosystem. On June 3, during its annual developer event, Microsoft Build 2026, the company unveiled updates to its platform for developing and operating AI agents and applications. Mustafa Suleyman, CEO of MS AI, introduced the new MAI model lineup, which includes the 'My Thinking-1' inference model. The newly announced MAI models cover various areas, including inference, coding, image editing, and voice, featuring: △Inference (My Thinking-1) △Coding (My Code-1 Flash) △Image Editing (My Image 2.5 & My Image 2.5 Flash) △Voice Transcription (My Transcribe 1.5) △Voice Generation (My Voice-2 & My Voice-2 Flash). The My Thinking-1 model, Microsoft's first inference model, is a mid-sized model with 35 billion active parameters. It was trained from scratch using enterprise-grade commercial license data, without a distillation process from other models. It features a 256K context window and excels in executing complex multi-step instructions, long-context inference, and code generation. The model is designed for high efficiency and performance at a low token cost. The image generation and editing model, My Image 2.5, along with its Flash version, was also revealed. My Image 2.5 is an improved version of the image generation model released by Microsoft in April, supporting both text-based image generation and image editing tasks. The voice transcription model, My Transcribe 1.5, supports 43 languages, while the voice model, My Voice-2, offers over 15 additional languages and new voice options. The coding model, My Code-1, is optimized for GitHub and can be used with Copilot and Visual Studio Code. Alongside the model announcements, Microsoft has also enhanced its agent development environment. The new context layer, 'Microsoft IQ,' integrates internal corporate knowledge with external information across GitHub Copilot, Microsoft Foundry, and Copilot Studio. The company also introduced a personal work agent called 'Microsoft Scout,' which understands user workflows and assists with meeting preparations, scheduling conflicts, and repetitive tasks using tools like Teams and Outlook. Industry analysts suggest that Microsoft is shifting its strategy to reduce reliance on external AI models while simultaneously developing its own models and platforms. Unlike its previous focus on expanding generative AI services through collaboration with OpenAI, Microsoft is now clearly moving to enhance its own model and platform capabilities. Since 2019, Microsoft has invested approximately $13 billion in OpenAI, maintaining a collaborative relationship. Microsoft has provided substantial cloud computing resources and integrated OpenAI's research outcomes into its services and cloud ecosystem. However, following the growth of ChatGPT, OpenAI has begun establishing its own infrastructure, leading to changes in the interests of both parties. In October of last year, during OpenAI's restructuring into a profit-oriented public benefit corporation (PBC), Microsoft's stake was adjusted from 32.5% to 27%. This shift indicates that Microsoft is accelerating its own AI model development while maintaining collaboration with OpenAI, but placing greater emphasis on building an independent ecosystem. Analysts expect Microsoft to focus on enhancing cost efficiency and control in enterprise environments. Satya Nadella, Microsoft CEO and Chairman, emphasized that the core of this announcement is not about a single technology but about supporting value creation and expansion on a platform that spans from edge to cloud in the AI stack.* This article has been translated by AI. 2026-06-03 15:45:00 -
Opposition leader slams South Korean president on election day SEOUL, June 03 (AJP) - South Korea's main opposition leader Jang Dong-hyeok launched a sharp election-day attack against President Lee Jae Myung on Wednesday, accusing him of illegal campaigning and severe economic mismanagement. Speaking during a final election committee meeting at the National Assembly, the conservative leader urged voters to cast their ballots as an act of constitutional self-defense against the government. The address underscored the bitter polarization surrounding the nationwide local elections and parliamentary by-elections, which serve as a critical midterm referendum on the one-year-old presidency. A strong showing for the opposition could block the administrative momentum of the ruling Democratic Party of Korea, while a loss threatens to trigger immediate internal disputes over political accountability. Jang asserted that the president committed serious legal violations that warrant impeachment. The former prosecutor specifically claimed that Lee allegedly displayed a marked ballot to television cameras. The opposition leadership also linked the political standoff to broader economic anxieties, arguing that the administration prioritized political survival over public livelihoods. The former prosecutor warned that unchecked government policies would worsen financial conditions, creating what he described as a difficult environment of high interest rates, high inflation, and volatile exchange rates. Pointing to the high voter turnout reported throughout the day, the People Power Party interpreted the long lines at polling stations as a sign of public dissatisfaction. Jang told supporters that staying away from the polls was equivalent to surrendering personal property, wages, and fundamental freedoms. People Power Party chief spokesperson Park Sung-hoon stated that voters intent on protecting their daily routines would continue to drive participation until the polls closed. 2026-06-03 15:30:39

