Microsoft defies media report of issues in tie with OpenAI

REDMOND, WASHINGTON – A Microsoft Corp.’s key executive defied a media report that its partnership with OpenAI, the developer of the glo...

Samsung launches collaborative product with illustrator Max Dalton

Samsung Electronics Co. announced on Monday that it has unveiled a special edition of Bespoke Jet Bot AI, collaborative with illustrator Max Dalton,...

Generative AI startup Wrtn attracts nearly $12 mn in investment

South Korea's advanced tech startup Wrtn Technologies, a major player in generative artificial intelligence (AI), has attracted investment of 15 bil...

Market views turn bullish on Samsung as AI-led chip demand rises

Views on leading memory chipmaker Samsung Electronics Co. are becoming more bullish as the South Korean tech giant is expected to benefit from a ris...

KT's dietary management solution passes AI quality test

A South Korean artificial intelligence (AI) solution that analyzes and presents information on the type and nutritional content of food after a us...

S.Korea's Krafton establishes AI game subsidiary

South Korea's leading game developer Krafton Inc. announced on Wednesday that it has established a new independent studio called ReLU Games.Krafton ...

Seoul celebrates 10th anniversary of BTS debut in festive mood

Seoul is sprucing itself up to host a two-week celebration of the 10th anniversary of the global sensation BTS.The Seoul Metropolitan Government and...

KBIZ holds SME export consultation meeting in Dubai

A large-scale business event was held in Dubai to support the expansion of Korean small- and medium-sized enterprises (SMEs) into the Middle East.Th...

LG Uplus, Hyundai Elevator to launch AI-based management service

LG Uplus Corp. on Monday said it released Miri View, an artificial intelligence (AI)-based elevator passenger safety system developed with Hyundai E...

Seoul is fourth most searched global city for summer travel: survey

The South Korean capital of Seoul is surging in global popularity as a summer travel destination amid the first peak summer season since COVID-19 we...

Samsung releases world's first dual QHD gaming monitor

Samsung Electronics Co. announced on Monday that it will sequentially release its organic light-emitting diode (OLED) gaming monitor Odyssey OLED G9...

SKC mulls investment in materials in Haiphong, Vietnam

South Korea's SKC has teamed up with Haiphong, a key industrial city in northeastern Vietnam, to reinforce the company's basis for global expansion ...

S.Korea's game companies wage all-out offensive to recruit AI talent

The race in South Korea to secure artificial intelligence (AI) know-how in the video game industry, the hottest trend in the field, is intensifying ...

OpenAI’s Sam Altman seeks help from Korean startups, chipmakers

Sam Altman, chief executive of Microsoft-backed OpenAI and ChatGPT creator, said on Friday that he hopes to collaborate with South Korean developers...

LG Uplus to use UAM to slash EMS transportation time

South Korea's internet service provider LG Uplus Corp. on Thursday said it signed an agreement with the municipal government of Jinju, South Gyeongs...

Craft brewery startups poised to revolutionize brew scene in South Korea

Craft beers and highballs from emerging breweries and distilleries are poised to disturb the South Korean alcoholic beverage market dominated by gia...

SK Networks to invest $2 mn in Dutch agtech startup

SK Networks Co., a South Korean trading company, announced on Thursday that it will invest $2 million in the series A round of Source.ag, a smart fa...

LG Electronics eyes premium market in Saudi Arabia, India

LG Electronics Inc. will seek out new business opportunities as a premium brand in Saudi Arabia for the oil-rich kingdom’s $500 billion Neom m...

Hyundai to supply 1,300 hydrogen buses in Seoul by 2026

Hyundai Motor Co., along with South Korean Ministry of Environment, the Seoul Metropolitan Government, SK E&S and Tmap Mobility, signed a memora...

LG, FuriosaAI to jointly develop next-generation AI chip

LG AI Research Institute announced on Wednesday its strategic alliance with FuriosaAI, South Korea’s fabless chip designer. The partnership ...

Team from KAIST wins Quadruped Robot Challenge of UK

A team from the Korea Advanced Institute of Science and Technology (KAIST) has won the Quadruped Robot Challenge of the UK, easily beating models fr...

KT, Naver chosen as suppliers of S.Korea’s hyperscale AI project

South Korean Ministry of Science and ICT and the National Information Society Agency (NIA) have enlisted four tech enterprises — KT Corp., Nav...

Bredis Healthcare, Tilda win June D.Day, Korea’s oldest startup pitch race

An early-stage startup by young entrepreneurs who developed a digital diagnostic tool for brain disease and an AI-powered business optimization prog...

Celltrion to develop Humira biosimilar oral medication with US firm

South Korea's biopharmaceutical company Celltrion Inc. announced on Monday that it has signed a contract with the US biotech firm Rani Therapeutics ...

Riiid inks deal with ALC to expand its AI-based TOEIC platform in Japan

South Korean AI-powered edtech firm, Riiid, announced on Thursday it has partnered with ALC, a premier brand in the Japanese language education indu...

South Korea’s Hyundai Elevator applies AI to boost customer convenience

"Miri is a leading example of digital transformation in the elevator sector that raises a notch service speed and customer convenience. Let’s ...

Korean AI startup ActionPower poised to outdo OpenAI, Google: CEO

ActionPower Corp. founded in 2016 is small and young compared to Big Tech companies or heavily funded startups like OpenAI but it is mighty enough t...

Funds with high exposure to Nvidia, Samsung yield higher returns

It's time again to snap up semiconductor stocks – the market darlings these days.Just like its global peers, including the New York Stock Exch...

POSCO, LG Electronics to jointly build smart factory

POSCO Holdings Inc. and LG Electronics Inc. announced on Wednesday that they will collaborate to upgrade POSCO's smart factory technology. The initi...

AI-driven GPU, advanced chip shortage: Boon for Samsung, SK Hynix

The global chip industry, which has been reeling from elevated inventory levels due to weak demand, is seeing a silver lining: Inventories of advanc...