Gate News message, April 15 — South Korean e-commerce company Coupang invested $84 million in AI startups across South Korea and other markets over the past three years. The company participated in Korean AI robotics startup Contoro’s $12 million Series A round and is piloting AI robots at logistics sites in South Korea.
Coupang’s investments also include SBVA’s Alpha Korea Fund, Korean robotics firm CMES, U.S. startup Tempo, and a 75 billion won (approximately $51 million) commitment last year to the Alpha Korea Sovereign AI Fund.
Coupang operates an end-to-end logistics network with over 100 global fulfillment centers. The company is collaborating with Nvidia to build an “AI factory” for developing proprietary models for warehouse picking and last-mile routing. Contoro specializes in AI-powered robots that automate unloading boxes from shipping containers and truck trailers. Coupang is recovering from a data incident and funding a $1.2 billion customer voucher program; its Developing Offerings segment, covering expansion in Taiwan, is projected to lose $950 million to $1 billion.
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
Anker launches its Thus AI chip, with its first application being the Soundcore flagship headphones
According to a report from The Verge on April 22, Anker has officially released its self-developed artificial intelligence chip Thus, positioning it as the world’s first neural network audio AI chip based on an In-Memory Computing architecture. The first batch will be built into Soundcore’s upcoming flagship headphones.
MarketWhisper2h ago
Alibaba Qwen Opens AI Services to External Partners, China Eastern Airlines First to Integrate
Alibaba opens Qwen AI Services to external partners; China Eastern Airlines becomes first outside Alibaba to deploy an end-to-end AI flight booking service, enabling users to request options like affordable direct flights or spacious seats.
GateNews3h ago
Stch Raises $7M to Expand AI-Driven Fabric Manufacturing
Stch, a Bengaluru textile startup, raised $7M to expand its AI-driven fabric reverse-engineering platform and scale partner mills in India and Bangladesh.
Abstract:
Stch, founded in 2025 by Narahari Payala and Aseem Chitkara, is an asset-light company that uses AI to convert fabric images and descriptions into technical specifications for manufacturing, partnering with mills rather than owning factories. With a $15 million-plus order book from UK, Europe, and US brands, and a pre-series A of $7 million led by Omnivore, the firm aims to broaden its AI capabilities and fabric recipes while diversifying production across regions to mitigate geopolitical risk in fashion manufacturing.
CryptoFrontier3h ago
AI Reimagination Reshapes the Landscape of Higher Education: Khan Academy Teams Up with TED and Google to Launch a New AI Academy
Khan Academy announces the launch of the “Khan TED Academy,” in collaboration with TED, ETS, Google, Microsoft, McKinsey, and others, using AI-driven personalized learning pathways. It combines ETS assessments with industry needs to strengthen foundational skills in math, science, economics, and writing, while cultivating clear communication and teamwork. Supported by a nonprofit model and corporate funding to keep free resources available, it is expected to open applications within 12–18 months, with the goal of addressing labor-market transformation through low-cost credentials.
ChainNewsAbmedia4h ago
AI Tools Could Cut Game Development Costs by Half, Adding $22B in Annual Industry Profit: Morgan Stanley
AI could halve development costs and add about $22B yearly in profits; global game spend rises to $275B (2026). Benefits skew to major publishers; smaller studios risk. AAA savings ~15%; staffing may shift without large job cuts.
Abstract: Morgan Stanley's analysis suggests AI tools could cut video game development costs by about half and generate roughly $22 billion in additional annual profit, as industry spend rises to about $275 billion by 2026. Gains would be uneven, favoring publishers with strong IP and distribution networks (e.g., Tencent, Sony, Ubisoft) while mid-tier studios could struggle. Estimated cost savings for AAA publishers approach 15%, and staffing may shift toward senior engineers and portfolio leads, without a broad plunge in developer employment.
GateNews4h ago
Peak XV Partners Leads $10.9M Seed Round for AI Concierge Startup M
Gate News message, April 23 — M, an India-based AI concierge startup founded by Kabeer Biswas, has raised $10.9 million in seed funding from Peak XV Partners, Blume Ventures, and Cred. Peak XV invested approximately $4.96 million, Blume Ventures contributed $3.97 million, and Cred invested $1.98 mil
GateNews5h ago
