S.Korea's LG Uplus opens children-specialized metaverse Kidstopia

S.Korea's LG Uplus opens children-specialized metaverse Kidstopia

LG Uplus Corp. announced on Thursday that it will be launching an open beta service of its metaverse "Kidstopia" at the end of this month. The servi...

FuriosaAI speeds up development of next-gen AI chip with Hugging Face  

FuriosaAI speeds up development of next-gen AI chip with Hugging Face  

FuriosaAI Inc., South Korea’s fabless chip designer, has teamed up with Hugging Face Inc., a New York-based AI company boasting a massive tran...

Turkey approves Hanwha Group's acquisition of DSME

Turkey approves Hanwha Group's acquisition of DSME

The Turkish competition authority has approved Hanwha Group’s acquisition of Daewoo Shipbuilding & Marine Engineering Co. (DSME), the firs...

KT’s global digital push deepens with Singtel partnership

KT’s global digital push deepens with Singtel partnership

KT Corp. has joined hands with Singapore Telecommunications Ltd. (SingTel) to export its cloud and artificial intelligence (AI) technologies, as wel...

SK Telecom launches AI robot kit for monitoring fire, gas leaks

SK Telecom launches AI robot kit for monitoring fire, gas leaks

South Korea's SK Telecom Co. has released an "AI robot kit" that can be attached to a robot to monitor fire and gas leaks. The kit is designed in th...

Korea’s first ChatGPT-authored, AI-proofread book due this week

Korea’s first ChatGPT-authored, AI-proofread book due this week

ChatGPT has been around for nearly three months and is causing untold chaos across industries and academia.Now, the artificial intelligence chatbot,...

Samsung leader eyes memory chip packaging investment

Samsung leader eyes memory chip packaging investment

Samsung Electronics Co., the world’s largest memory chipmaker, may accelerate investment in leading-edge technologies including chip packaging...

DeepBrain AI joins CB Insights' Global 250 Generative AI Startups list

DeepBrain AI joins CB Insights' Global 250 Generative AI Startups list

DeepBrain AI, a South Korean AI startup, said on Friday it made the list of "Global 250 Generative AI Startups" by CB Insights, a New York-based mar...

S.Korea's KT CS reports record sales in 2022

S.Korea's KT CS reports record sales in 2022

On Friday, KT Corp.'s customer service unit, KT CS, announced that its sales revenue for the previous year reached a record high of 591.6 billion wo...

AI medical software company Lunit to open subsidiary in Europe

AI medical software company Lunit to open subsidiary in Europe

South Korea's Lunit, an artificial intelligence (AI) medical software company, on Friday said its board meeting held on the previous day decided to ...

Igaworks partners with Vietnam’s Clever Group to supply data platform

Igaworks partners with Vietnam’s Clever Group to supply data platform

South Korean big data platform company Igaworks said on Thursday it has signed a contract and strategic alliance deal with Vietnam’s largest m...

S.Korea's Kakao Enterprise introduces Matching 2.0 strategy

S.Korea's Kakao Enterprise introduces Matching 2.0 strategy

Kakao Enterprise, a leading IT platform business operator in South Korea, recently announced its "Matching 2.0" strategy to enhance the quality of s...

SK Hynix may not slash chipmaking investment in 2023: vice chairman

SK Hynix may not slash chipmaking investment in 2023: vice chairman

SK Hynix Inc., the world’s second-largest memory chipmaker, will not significantly cut its semiconductor output this year, Vice Chairman Park ...

Kakao Brain presents text-based AI motion generation model

Kakao Brain presents text-based AI motion generation model

On Tuesday, Kakao Brain, the AI unit of South Korea's Kakao Corp., announced the development of a new text-based motion generation model, called "FL...

Hyundai Capital wins IAAI Award for pioneering AI application

Hyundai Capital wins IAAI Award for pioneering AI application

Hyundai Capital, the financial services arm of the Hyundai Motor Group, was honored with the Innovative Applications of Artificial Intelligence Awar...

KB Securities launches AI-based RoboNews on US stocks

KB Securities launches AI-based RoboNews on US stocks

South Korea's KB Securities announced the launch of KB RoboNews on Monday, a cutting-edge artificial intelligence (AI) service that provides insight...

S.Korean IT firms rush for tie-ups to compete with ChatGPT

S.Korean IT firms rush for tie-ups to compete with ChatGPT

South Korean tech companies are rushing to form partnerships in different sectors to develop superior AI services to compete with ChatGPT, a chatbot...

S.Korean AI chip developer Rebellions releases Atom SoC

S.Korean AI chip developer Rebellions releases Atom SoC

South Korean AI chip developer Rebellions Inc. announced on Monday the release of its AI chip Atom, a system-on-chip (SoC) designed for data centers...

Responsible mineral sourcing key to Korean battery materials makers

Responsible mineral sourcing key to Korean battery materials makers

South Korea’s battery materials makers are stepping up their efforts to conform to environmental, social and governance (ESG) standards throug...

SK Telecom doubles capacity of its AI service's supercomputer Titan

SK Telecom doubles capacity of its AI service's supercomputer Titan

South Korea's SK Telecom Co. on Sunday said it had doubled the processing capacity of its supercomputer Titan, the brain of its artificial intellige...

Korea’s Hyundai Dept. Store drops holding company plan

Korea’s Hyundai Dept. Store drops holding company plan

South Korea’s major retailer Hyundai Department Store Group Co. gave up a plan to split off its core high-end shopping mall affiliate and conv...

Kakao to unveil Korean language-specific, vertical AI

Kakao to unveil Korean language-specific, vertical AI

Kakao Corp., South Korea’s No. 1 mobile messenger platform, will launch Korean language-specific, vertically-integrated AI service this year s...

Hankook Tire to supply exclusive tires for Formula E in India

Hankook Tire to supply exclusive tires for Formula E in India

Hankook Tire & Technology said on Friday that it will serve as the exclusive supplier and official partner of Formula E's 2023 Greenco Hyderabad...

S.Korea to fine German carmakers for alleged R&D collusion

S.Korea to fine German carmakers for alleged R&D collusion

South Korea’s antitrust body has preliminarily decided to impose a combined fine of 42.3 billion won ($33.5 million) on four German automakers...

Philip Morris aims to top Korea's heated-tobacco market with Iluma

Philip Morris aims to top Korea's heated-tobacco market with Iluma

Philip Morris International Inc., a major US tobacco maker, aims to regain the throne in South Korea's competitive heat-not-burn cigarette market wi...

SK Telecom to launch multimodal AI to match ChatGPT

SK Telecom to launch multimodal AI to match ChatGPT

South Korea’s SK Telecom Co. will adopt natural language generation and processing capabilities for its nascent artificial intelligence servic...

Coreline Soft to supply AI diagnosis solution to France

Coreline Soft to supply AI diagnosis solution to France

Coreline Soft, a South Korean company specializing in developing medical artificial intelligence (AI) devices, said on Tuesday that it has signed an...

Korean biopharma, biotech companies scale up as sales balloon

Korean biopharma, biotech companies scale up as sales balloon

South Korea’s biotech and biopharmaceutical companies are growing big with their sales rising above 1 trillion won ($796 million) last year on...

S.Korea behind in ChatGPT race with zero AI unicorns

S.Korea behind in ChatGPT race with zero AI unicorns

South Korea, one of the most wired countries in the world, lags far behind other countries in attaining unicorn startups in the artificial intellige...

Online portal Naver to release AI-powered search chatbot in H1

Online portal Naver to release AI-powered search chatbot in H1

South Korean online portal giant Naver Corp. is set to launch a beta version of Search GPT, an artificial intelligence-powered search service, in th...

LG Electronics acquires Norway’s OSO in bold HVAC expansion Hanwha becomes 1st Korean insurer to foray into foreign banking market NPS, Scape in record deal to acquire Aussie senior living operator Aveo from Brookfield HYBE to bring K-pop idol playbook to India, tapping local talent POSCO sets sights on lithium production in US