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South Korea Provides Turkmenistan with USD 220,000 Worth of Technical Equipment for the MFA Institute

04 Feb. 04:33

Source

The Institute of International Relations of the Ministry of Foreign Affairs of Turkmenistan has received a set of modern technical equipment supplied by the Republic of Korea, with a total value of USD 220,000. The official handover ceremony took place on February 3 under the framework of the 2025 Small Grant Official Development Assistance (ODA) program.

The event was attended by Mr. Kim Jun Chhol, Chargé d’Affaires of the Republic of Korea, and Gülşat Yusupova, Rector of the Institute of International Relations of the MFA of Turkmenistan. The initiative reflects South Korea’s support for projects contributing to Turkmenistan’s socio-economic development.

The delivered equipment is intended to enhance the technical infrastructure of the higher education institution in Turkmenistan and will be utilized in line with the objectives of international assistance programs aimed at improving educational quality.

During the meeting, the representatives also exchanged views on opportunities to further strengthen bilateral relations between Turkmenistan and the Republic of Korea throughout the year. Both sides reaffirmed their readiness to cooperate closely in implementing planned joint activities.

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Tech Giant Amazon Negotiates Landmark $7 Billion Acquisition of AI Startup Decart

Today in 11:31

Source

Amazon is reportedly in advanced talks to acquire the Israeli artificial intelligence startup Decart in a deal valued at approximately $7 billion, according to The Wall Street Journal. Founded in 2023, Decart specializes in software that seamlessly bridges various AI processors and develops generative 3D world models such as "Lucy" and "Oasis." The startup had previously reached a $4 billion valuation earlier this year after raising over $400 million from major venture funds.

The strategic acquisition is poised to boost Amazon’s AWS cloud computing division, enhancing its proprietary Trainium3 AI chips to better compete against market leader Nvidia in generative AI hardware infrastructure.

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