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• South Korea's Korai Flix to go public in US via $3.5 billion SPAC deal

  South Korea's Korai Flix, a leading entertainment platform with 26 million users across 15 countries, is set to go public in the United States via a $3.5 billion special purpose acquisition deal, expected to close in Q1 2027, listing on the New York Stock Exchange. This move follows a surge in SPAC activity in the US and aligns with Korai Flix's growth ambitions.

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• Dario Amodei says Anthropic's "race to the top" makes AI safer, cites nine safety decisions with "substantial costs", and admits mishandling a draft AI bill (Dario Amodei/@darioamodei)

  Dario Amodei, former U.S. ambassador to the United Nations, expresses confidence in AI safety through "race to the top" strategy, citing nine safety decisions with substantial costs, acknowledging mishandling of a draft AI bill. This reflects cautious optimism about AI's benefits while emphasizing the need for responsible development and regulation.

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• India signs Rs 770 crore deal with BEL for Army radars to counter drone threats

  India signs a Rs 770 crore deal with Bharat Electronics Limited (BEL) to procure Improved Low Level Light Weight Radars (LLLR-I) for the Indian Army, aiming to enhance the Army's capabilities against aerial threats, including drones. This initiative underscores India's commitment to strengthening domestic defence manufacturing and the potential benefits for the country's defence industry, including micro, small, and medium enterprises.

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