South Korea’s AI Spending Overtakes Netflix: ChatGPT Dominates Market Share

January 19, 2026 – South Korean consumers are now spending more on AI subscription services each month than on Netflix, according to new data from local media outlet Hankyung Aicel. By December 2025, monthly payments for seven major AI platforms—including ChatGPT and Gemini—are projected to hit ₩80.3 billion (57.7million),surpassingNetflix’s2024averagemonthlyrevenueof₩75billion(54 million) in the country. However, this…

Read More

Elon Musk’s AI Venture xAI Devours Nearly $8 Billion in First Nine Months

January 9, 2026 – According to internal documents obtained by Bloomberg, Elon Musk’s artificial intelligence (AI) firm xAI is burning through cash at an alarming rate. The company’s heavy investments in data center infrastructure, talent acquisition, and software development have led to soaring losses, all in pursuit of supporting its ambitious humanoid robot project. Data…

Read More