Naver Cloud, NHN Cloud to co-work for hyperscale AI

Naver Cloud, NHN Cloud to co-work for hyperscale AI

South Korea's Naver Cloud, the cloud computing unit of Naver Corp., and NHN Cloud Corp., announced on Monday that they have signed a memorandum of u...

Naver logs record earnings on e-commerce, content; stocks up

Naver logs record earnings on e-commerce, content; stocks up

South Korea’s online giant Naver Corp. reported record earnings on strong performances of its e-commerce and content businesses, sending its s...

Naver Cloud launches real-time streaming feature

Naver Cloud launches real-time streaming feature

South Korea's Naver Cloud, the cloud computing arm of Naver Corp., announced on Friday that it has launched a "real-time streaming" feature for "CLO...

Naver expands Papago with Arabic translation, boosting global reach

Naver expands Papago with Arabic translation, boosting global reach

South Korea's leading online portal Naver Corp. announced on Friday the addition of Arabic translation capabilities to its AI-driven translation ser...

Kakao launches AI-based blood sugar management solution

Kakao launches AI-based blood sugar management solution

South Korea’s Kakao Healthcare Corp. has introduced an artificial intelligence-based blood sugar management solution targeting the global digi...

Korean LPs seek private equity secondaries amid liquidity crunch

Korean LPs seek private equity secondaries amid liquidity crunch

Secondary strategy is South Korean institutional investors’ top pick for private equity investments for two straight years, a survey showed. Man...

AliExpress’ zero-commission offer jolts Coupang, Naver

AliExpress’ zero-commission offer jolts Coupang, Naver

AliExpress, an e-commerce arm of China’s Alibaba Group, has offered Korean companies zero commissions, under which it will not charge a sales ...

Rebellions raises $124 mn to co-develop AI chip with Samsung

Rebellions raises $124 mn to co-develop AI chip with Samsung

South Korean fabless artificial intelligence chip startup Rebellions Inc.’s plan to co-develop the next-generation AI chip with the world&rsqu...

Naver's Wattpad lays off 30 employees again

Naver's Wattpad lays off 30 employees again

Naver Corp.'s subsidiary and North American original fiction platform, Wattpad, has once again carried out layoffs after a year. According to the we...

Baidu’s AI Ernie to power Samsung Galaxy S24 in China

Baidu’s AI Ernie to power Samsung Galaxy S24 in China

Samsung Electronics Co.'s latest smartphone series Galaxy S24 to be released in China will feature Baidu Inc.’s Ernie Bot artificial intellige...

LG Elec unveils OLED TV featuring world-renowned AI artist in US

LG Elec unveils OLED TV featuring world-renowned AI artist in US

LG Electronics Inc. collaborated with world-renowned artificial intelligence (AI) artist Stephanie Dinkins to showcase art pieces that explore commu...

Carrier releases large inverter air conditioner combining AI, inverter tech

Carrier releases large inverter air conditioner combining AI, inverter tech

Carrier Corp. announced on Monday that it will release a large inverter air conditioner, combining artificial intelligence (AI) and inverter technol...

Bespin Global supplies AI chatbot to Gimpo Int’l Airport

Bespin Global supplies AI chatbot to Gimpo Int’l Airport

South Korea's cloud solution provider Bespin Global announced on Friday that it has supplied its interactive artificial intelligence (AI) platform H...

Samsung flexes AI chip muscles ahead of Altman visit

Samsung flexes AI chip muscles ahead of Altman visit

Samsung Electronics Co. will go all out to win the AI chip race with its most advanced AI memory chip products, its semiconductor business head said...

SK Hynix swings to profit; sees 60% surge in HBM demand

SK Hynix swings to profit; sees 60% surge in HBM demand

SK Hynix Inc. turned a profit in the last quarter of 2023, reversing losses over the past four quarters as high-performance chips such as doubl...

Nike looks to lure Korean customers with Naver’s generative AI ad platform

Nike looks to lure Korean customers with Naver’s generative AI ad platform

Nike Inc., the leading global sportswear brand, has launched an advertising campaign in South Korea on the generative artificial intelligence (AI) a...

LG gets global AI management system certification

LG gets global AI management system certification

LG Electronics Inc. announced on Monday that it has received the Artificial Intelligence Management System (ISO/IEC 42001) certification, an interna...

LG CNS launches AI center for synergy of business, research

LG CNS launches AI center for synergy of business, research

South Korea’s LG CNS Co., a cloud computing services arm of LG Corp., said on Sunday it has launched an artificial intelligence center to stre...

Kakao’s multimodal LLM Honeybee: Korea’s answer to Gemini, GPT-4

Kakao’s multimodal LLM Honeybee: Korea’s answer to Gemini, GPT-4

Kakao Corp., South Korea’s top mobile platform operator, said on Friday it has developed a multimodal large language model (MLLM) with the lat...

Gaonchips opens corporation in Silicon Valley

Gaonchips opens corporation in Silicon Valley

South Korea’s Gaonchips Co. announced on Friday that it opened its new overseas corporation Gaonchips America Inc. in Silicon Valley, the US...

Naver, Com2uS slash workforce to downsize new businesses

Naver, Com2uS slash workforce to downsize new businesses

South Korea’s leading online platforms and gaming publishers such as Naver Corp., Com2uS Corp. and Kakao Corp. have joined global Big Tech com...

Korean startup Moreh tops global large language model test

Korean startup Moreh tops global large language model test

South Korean artificial intelligence tech startup Moreh Inc. said on Thursday that its large language model (LLM) topped a performance assessment by...

Samsung AI features on 100 mn Galaxy phones by year-end: mobile chief

Samsung AI features on 100 mn Galaxy phones by year-end: mobile chief

SAN JOSE, Calif. – Samsung Electronics Co., said on Wednesday it aims to have at least 100 million units of its flagship Galaxy line of smartp...

LG unveils new air conditioner with AI smart care

LG unveils new air conditioner with AI smart care

LG Electronics Inc. on Thursday announced that it released 2024 LG Whisen Objet Collection Tower air conditioner, which features an artificial intel...

Samsung Galaxy S24 heralds dawning of AI smartphone era

Samsung Galaxy S24 heralds dawning of AI smartphone era

SAN JOSE, Calif. – Samsung Electronics Co. on Wednesday unveiled its latest flagship smartphone Galaxy S24 series, which it calls an “AI...

Korean learning platform Elice raises $14.9mn from Vertex

Korean learning platform Elice raises $14.9mn from Vertex

Elice Inc., a South Korean startup offering an all-in-one digital learning platform for teachers and corporations, will transform into an artificial...

SK Telecom to enter AI pet diagnostic market in US

SK Telecom to enter AI pet diagnostic market in US

South Korea’s SK Telecom Co. announced on Wednesday that it has signed with the US-based veterinary diagnostic radiology firm Vetology to laun...

Samsung, LG go head-to-head in AI components market

Samsung, LG go head-to-head in AI components market

Samsung Electro-Mechanics Co. and LG Innotek Co., two major South Korean suppliers for Apple iPhones, are going head-to-head in the artificial intel...

Lunit to supply AI image analysis solutions to Samsung Electronics

Lunit to supply AI image analysis solutions to Samsung Electronics

South Korean medical AI company Lunit has secured a significant partnership with tech giant Samsung Electronics Co., signing a three-year, $1.86 mil...

Samsung looks to beat Apple with AI phones

Samsung looks to beat Apple with AI phones

With the Galaxy S24, Samsung Electronics Co.'s new flagship smartphone series, searching for real-time information and translation on the phone will...

Google Maps, Blackpink fans’ must-have item for Deadline World Tour South Korea’s Lee completes cabinet lineup with IT executive, lawmaker Hyundai Glovis charts new waters with world’s first AI-driven self-sailing car carrier fleet Korea’s game studios rebrand as AI tech firms, move into fashion, robotics, media Return of the K-pop queens: Blackpink, Twice power up YG, JYP