K Wave Media secures $485M to launch AI platform, cuts $48M debt, and plans rebrand to Talivar Technologies.

K Wave Media announced a strategic shift to focus on AI infrastructure, securing up to $485 million in capital to fund data center investments, GPU compute operations, and key acquisitions. The company plans to sell its legacy business, Play Co., Ltd., eliminating about $48 million in debt, significantly strengthening its balance sheet. Pending shareholder approval, K Wave Media may rebrand as Talivar Technologies to reflect its new AI-focused direction. These moves position the company for growth in the expanding AI infrastructure market.