SOUTH KOREA TO GIVE EVERY CITIZEN FREE AI ACCESS 🇰🇷
South Korea is launching its “AI for All” program, offering citizens free and unlimited access to generative AI
→ 3 tech consortia will run the service → Government will provide 512 NVIDIA B200 GPUs → Beta testing starts in September → Nationwide rollout planned by year-end
SUBHASH CHANDRA CASE: ₹22,000 CR CLAIM VS ₹6.5 CR RECOVERY
Zee founder Subhash Chandra’s insolvency case has sparked controversy after creditors with ₹22,006 crore in admitted claims were offered just ₹6.5 crore
The case involves loans taken by Essel Group companies, with Chandra’s personal guarantees also coming into the picture
🔥 That’s a 99.97% haircut on the admitted claims
The controversy also involves allegations made by Chandra against Mukesh Ambani-linked media, which Reliance has denied
BNB CHAIN JOINS MASTERCARD’S CRYPTO PARTNER PROGRAM
$BNB Chain is teaming up with Mastercard to help bring digital assets closer to everyday payments
→ Collaboration with Mastercard’s ecosystem partners → Focus on digital-asset payment use cases → Goal: accelerate crypto adoption in global transactions
Crypto payments are moving closer to the mainstream