Every ambitious CEO will tell you that the way to beat the odds is to have the right strategy. That’s because a smart, actionable strategy is the foundation for how a company allocates its scarce resources, including people, capital, and materials. Yet even the best strategy does not magically yield a strong performance. For that, ...
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Major equity market peaks usually emerge when bullish positioning is stretched, investors expect a profit boom, and policy is tightening, but only two of those conditions are currently in place, according to Bank of America strategist Michael Hartnett. Positioning is elevated and optimism around earnings remains strong, but policy tightening is notably absent, which is ...
The Ministry of Health has launched the National Health Digitalization Strategy for 2026-2030 for public consultation, a document that aims to transform technology from a collection of disparate projects into a coherent public policy of the system.
![Parallel Space Turns Reality into Digital with Precise 3D Conversion [Seoul AI Hub 2026]](/images/proxy?url=https%3A%2F%2Fit.chosun.com%2Fnews%2Fphoto%2F202601%2F2023092155511_435204_94.png)
Company Name : Parallel SpaceCEO : Jieun LeeYear of Establishment : 2020Investment Stage : Pre-AKey Product : P-Engine, P-House, P-DashIndustry : AI+Manufacturing, AI+Public·Smart CitiesTechnology : AI Model·Architecture / AI Agent·Multi-Agent System AI Application Technology / Computer Vision (CV) AI Infrastructure·Security / AI Semiconductor·GPU Acceleration TechnologyWebsite : pspace.aiParallel Space offers an "online real estate tour" service that brings real-world spaces into virtual reality using photorealistic data.P-Engine is an automated 3D reconstruction solution that recreates real-world objects or environments in three dimensions based on scan data. It can automatically convert scan data obtained using LiDAR and other technologies into 3D meshes. / Parallel SpaceDigital Twins, Capturing "Attention" in Construction and Manufacturing by Recreating Physical Spaces in 3DParallel Space is a deep-tech startup developing automated 3D solutions that accurately reflect real-world environments using its "geometric foundation model algorithm" and "spatial AI" and leverages digital twins to extend offline spaces into online environments. Its flagship solutions include "P-Engine," "P-House," and "P-Dash."P-Engine is a 3D reconstruction automation solution that reconstructs real-world objects or environments in three dimensions from scan data, automatically converting scan data from LiDAR or other sources into 3D meshes.P-House is a scan-based defect inspection and after-sales service solution, mainly used for pre-occupancy inspections and defect tracking in newly built houses. P-Dash, a real-time IoT data viewer using digital twin, visualizes environmental data collected from various sensors in 3D, enabling customized web-based viewers to monitor on-site conditions remotely in real time.These solutions address a core bottleneck in digital twin technology by accurately replicating real-world spaces through precise, automated scan-to-mesh conversion and proprietary 3D reconstruction technology. They can replace complex, costly software such as Autodesk ReCap Pro, reducing labor dependency, shortening project timelines, and lowering overall costs.Also, their proprietary mesh compression technology preserves detail while dramatically reducing file size and increasing processing speed. Additionally, their AI technology automatically segments and hierarchically classifies objects to be directly integrated with BIM tools.Advancing Technology Toward Full-Cycle Digital TwinsParallel Space is pursuing a human-centric environment across the full lifecycle, from design and construction to operation, through AI agent simulations enhanced by Physics AI.The company plans to collect and analyze real-world human behavior data, build AI agents, and generate behavior-based optimization data applicable to real-world space design. Its initial focus is on senior residence design informed by elderly behavior and on improving safety in manufacturing spaces using worker behavior data.To support this, it has established a strategy to launch an API-based standardized SaaS model for full-cycle digital twins over the next five years, driving focused technology development toward that goal.Currently, the company is developing geometric foundation AI models and plug-ins for platforms such as Autodesk and NVIDIA, with future plans to expand to multi-modal data-to-3D solutions and plug-ins for NavVis and Hexagon.The company also plans to expand into major global digital twin markets, including North America, Europe, Japan, and Southeast Asia. It will participate in exhibitions in Germany, Japan, the United States, and Vietnam, while developing and releasing plug-ins for global platforms such as Autodesk and NVIDIA Omniverse.jk2@chosunbiz.comThis article was written in 2025 and reflects information available at the time of writing.
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Heavily Shorted USA Rare Earth To Soar After US Govt Takes 10% Stake It was last July 9, when we told readers all about "The Coming Rare Earth Revolution And How To Profit: All You Need To Know About The "Ex-China Supply Chain." It was here that we said MP Materials (and to a lesser extent USA Rare Earth Corp) was best positioned to capitalize as global rare earth trade flows and pricing adjust over the coming years (also, as a reference, that's when USA Rare Earth was trading below $10/share).One day later, anyone who listened to our advice made their year, when MP Materials soared 50% after the US shocked markets by announcing the Pentagon had become the largest shareholder in the rare earths company. MP Materials Shares Surge 50% As Pentagon To Become Largest Shareholder https://t.co/qltUY1sHL3— zerohedge (@zerohedge) July 10, 2025Since then we had repeatedly pounded the table on USAR as the "other" major domestic REE company, pointing out repeatedly...USA Rare Earth Shares Jump After Accelerating Timeline For Commercial Production By Two Years https://t.co/ufJ9i27s6e— zerohedge (@zerohedge) December 10, 2025... both that USAR is next on the Trump Capital, LP investment list, and warning the record number of shorts in the name to take cover while they have the chance, culminating with our note from Friday in which we pointed out abnormal buying activity in USAR calls. USA Rare Earth (USAR) gamma squeeze (or just takeover bet): more than 8k of June $43 calls were bought for up to ~$3— zerohedge (@zerohedge) January 22, 2026Less than 48 hours later we hit jackpot, after the FT reported that in its second major rare earth investment, the Trump administration would inject $1.6BN into USA Rare Earths, just as we had said all along - surpassing the "mere" $400 million preferred stock investment by the Pentagon in MP Materials - the largest US investment in the sector to date, as it scrambles to shore up supplies of key minerals.In exchange for the investment, the US government will receive a 10% stake in the Oklahoma-based USA Rare Earth, which controls significant US deposits of heavy rare earths. The government investment and a separate $1bn private financing deal are expected to be announced on Monday.According to FT sources, the government would get 16.1 million shares in USA Rare Earth and warrants for another 17.6 million, both at a price of $17.17. The government agreed to pay $277mn for the equity, giving it an implied gain of $490mn for the equity and warrants based on the current share price of $24.77.The deal marks the latest example of the Trump administration’s efforts to intervene in parts of the private sector viewed as critical to US national security, including taking a 10% stake in Intel, which we also called ahead of time. The Pentagon took a stake in US rare earth miner MP Materials... when will it do the same with Intel— zerohedge (@zerohedge) August 7, 2025USA Rare Earth will also receive $1.3bn in senior secured debt financing at market rates from the government. The money will come from a finance facility created for the commerce department as part of the CHIPS and Science Act passed in 2022. A commerce official said the department completed the transaction directly with the company.While the commerce department declined to discuss the deal, an official in the Chips office - a part of the commerce department housed at the National Institute of Standards and Technology that led the negotiations - said it was "focused on onshoring critical and strategic mineral essential to the semiconductor supply chain and US national security". Or precisely what we said in July before the first MP Materials investment was disclosedUSA Rare Earth has separately tapped Cantor Fitzgerald, the Wall Street firm previously owned by commerce secretary Howard Lutnick and now run by his sons, to raise more than $1bn in fresh equity financing, the people said. It is not directly related to the deal with the government.As the FT notes, a condition of the government investment in USA Rare Earth was that the company raise at least an additional $500mn from investors. It is on track to raise more than $1bn because of high demand for the financing deal, which uses a mechanism known as a private investment into a public equity, often called a “Pipe”.Cantor’s involvement comes as the investment bank once led by Lutnick, one of Trump’s most prominent cabinet members, has expanded its investment banking capabilities to benefit from the president’s “America first” agenda. Cantor did not play a role in advising on the US government investment in USA Rare Earth.USA Rare Earth, which has a market value of $3.7bn, is developing a huge mine in Sierra Blanca, Texas that it says contains 15 of the 17 rare earth elements underpinning production of cell phones, missiles and fighter jets. It also plans to open a magnet production facility in Stillwater, Oklahoma. Last year, the Trump administration invested in at least six minerals companies, including MP Materials, Trilogy Metals and Lithium Americas. But its investment in USAR Is by far the biggest. Shares in USA Rare Earth have more than doubled this year, helped by a 40% jump this week, and are up 150% since we first recommended the stock last July.And now that the company has the explicit backing of the US government, if the Intel deal is any indication of what is coming, expect USAR stock to more than double from here, although when adding the record short interest in the equation...... we just may see a historic surge in the stock when it opens for trading on Monday. Tyler DurdenSun, 01/25/2026 - 16:55
Marco Amitrano would not disclose the names of any companies planning initial public offerings, which are among the kind of deals that PwC works on.