The A.I. Daily
JB Financial Group launches $22M AI investment fund
JB Financial Group formed the "JB New Growth Investment Association No. 1," an AI strategic fund worth up to 30 billion won, backed by Jeonbuk Bank, Gwangju Bank and JB Woori Capital. Its first investment went to AI security firm Cypher Data, part of a strategy to tie investments to business cooperation across the group.