Shinsegae Ends OpenAI Talks, Backs Reflection AI
· Source: letsdatascience.com
In short
Shinsegae Group has halted discussions with OpenAI just ten days after announcing a partnership, choosing instead to focus on US startup Reflection AI. The South Korean retail conglomerate signed an MOU to build a sovereign AI data center and integrate AI across six retail areas including sourcing, pricing, logistics, inventory and customer management. The shift reflects broader corporate pressures, with E-Mart reporting a consolidated operating loss of 46.9 billion won in 2023.
Read Original Article — Read the full article on the publisher’s site.
In the issue of week 19, 2026: AI-Driven Platforms Boost Resiliency and Efficiency Across Global Supply Chains
Tags: logistics, inventory, sourcing, pricing, retail, AI