S.Korean LLM war intensifies to fend off ChatGPT

S.Korean LLM war intensifies to fend off ChatGPT

South Korean technology companies, both big and small, are rushing to advance Korean large language models (LLM) to fend off the pioneering chatbot ...

S.Korea's Twelve Labs ranks among world's top 50 generative AI startups

S.Korea's Twelve Labs ranks among world's top 50 generative AI startups

South Korea’s Twelve Labs was included as the only Korean company in CB Insights’ first annual GenAI 50 ranking, a list of the world&rsq...

S.Korea's largest investment forum to begin Sept. 11

S.Korea's largest investment forum to begin Sept. 11

South Korea’s largest investment conference will be held in Seoul Sept. 11-15 with around 100 chief executives from global financial services ...

Naver to launch short-form service on portal’s front page

Naver to launch short-form service on portal’s front page

South Korea’s top online portal Naver Corp. said on Wednesday it is strengthening its short-form content service on surging demand for video c...

SK Telecom’s transition into AI company gains traction

SK Telecom’s transition into AI company gains traction

SK Telecom Co., South Korea’s leading telecom firm, reported solid earnings across the board in the second quarter, especially with steady gro...

Kakao to release super-large AI model, superapp

Kakao to release super-large AI model, superapp

Kakao Corp. on Thursday announced that it will transform South Korea’s dominant mobile messaging app KakaoTalk into an AI-powered platform com...

LG Uplus to equip Toyota Highlander’s infotainment platform

LG Uplus to equip Toyota Highlander’s infotainment platform

South Korea's LG Uplus Corp. announced on Friday its strategy to outfit Toyota's Highlander, a seven-seater SUV, with Toyota Connect, powered by t...

Naver posts record Q2 operating profit on e-commerce, content

Naver posts record Q2 operating profit on e-commerce, content

South Korea’s top online portal Naver Corp. on Friday posted record operating profit in the second quarter, driven by robust sales growth in i...

S.Korean companies rushing to launch exotic AI-based services

S.Korean companies rushing to launch exotic AI-based services

Lowered barriers in South Korea to the introduction of artificial intelligence (AI) have fueled the growing popularity of unique AI services. The em...

Hanmi Semiconductor opens new bonder factory

Hanmi Semiconductor opens new bonder factory

South Korean chip equipment company Hanmi Semiconductor Co. said on Wednesday it has opened a new factory to boost the production of dual TC bonders...

Samsung’s Bespoke Jet AI sweeps global acclaim

Samsung’s Bespoke Jet AI sweeps global acclaim

Bespoke Jet AI, the cordless stick vacuum cleaner of Samsung Electronics Co., continues to receive international recognition for its superior techno...

S.Korean LLM by Upstage beats global benchmark ChatGPT

S.Korean LLM by Upstage beats global benchmark ChatGPT

The latest artificial intelligence model of South Korean AI startup Upstage scored higher than ChatGPT by global AI giant OpenAI in a world-recogniz...

Naver Pay to enter Chinese payment market in 2023

Naver Pay to enter Chinese payment market in 2023

South Korea's Naver Financial announced plans on Tuesday to bring its simple payment service, Naver Pay, to the Chinese market by the end of this ye...

Hyundai, Kia deploy CO2 emission monitor system for cooperative firms

Hyundai, Kia deploy CO2 emission monitor system for cooperative firms

South Korea's Hyundai Motor Co. and Kia Corp. revealed on Friday their AI-integrated, blockchain-enabled Supplier CO2 Emission Monitoring System (SC...

Lunit to supply AI diagnosis solution to Saudi's medical institution

Lunit to supply AI diagnosis solution to Saudi's medical institution

South Korea's medical AI company Lunit announced on Wednesday that it has signed a contract to supply its artificial intelligence (AI) solution for ...

Kakao Brain unveils AI development library Trident

Kakao Brain unveils AI development library Trident

Kakao Brain, an artificial intelligence (AI) R&D subsidiary of South Korea's Kakao Corp., announced on Tuesday that it has released a performanc...

LG unveils new home appliances upgradable like smartphones

LG unveils new home appliances upgradable like smartphones

LG Electronics Inc. on Tuesday unveiled a new set of home appliances upgradable through apps just like a smartphone as the company aims to transform...

KT invests over $11 mn in AI software company Moreh

KT invests over $11 mn in AI software company Moreh

South Korea's KT Corp. will invest 15 billion won ($11.6 million) in Moreh, a Seoul-based artificial intelligence (AI) infrastructure software compa...

SK Networks to acquire data management company en-core

SK Networks to acquire data management company en-core

SK Networks Co., a South Korean trading company, will acquire en-core, a data solutions and consulting firm. The strategy is aimed at strengthening ...

Naver to unveil AI chatbot Cue: in September 2023

Naver to unveil AI chatbot Cue: in September 2023

South Korea's web portal giant Naver Corp. on Friday announced the lineup and release schedule of services using its hyperscale artificial intellige...

Why do so many S.Korean innovators bow out following success?

Why do so many S.Korean innovators bow out following success?

Bernard Arnault, chairman and CEO of the global luxury goods leader LVMH Moët Hennessy Louis Vuitton, is well known for sporting a full head of...

Poshmark launches Posh Lens with Naver's AI tech

Poshmark launches Posh Lens with Naver's AI tech

South Korea's Naver Corp. announced on Thursday that Poshmark, the US-based social e-commerce C2C (consumer-to-consumer) marketplace, has launched a...

LG unveils upgraded hyperscale AI for future businesses

LG unveils upgraded hyperscale AI for future businesses

LG Group, South Korea’s fourth-biggest conglomerate, on Wednesday introduced an upgraded hyperscale AI to be used for its future growth engine...

Naver Webtoon becomes No.1 webtoon platform in France

Naver Webtoon becomes No.1 webtoon platform in France

South Korea's Naver Webtoon has made a name for itself as the top webtoon platform in France. Naver Webtoon announced on Monday that it participated...

LG AI Research launches patent screening AI

LG AI Research launches patent screening AI

South Korea's think tank LG AI Research has teamed up with the Korean Intellectual Property Office (KIPO) to develop the world's first patent screen...

Naver supports startups using HyperCLOVA X

Naver supports startups using HyperCLOVA X

Naver Cloud, the cloud computing arm of Naver Corp., announced that it conducts the project "Naver AI Rush 2023" from Friday until the end of the ...

Naver Webtoon starts fortunetelling, personality test services

Naver Webtoon starts fortunetelling, personality test services

South Korea's Naver Webtoon has launched a service combining its content with the Myers-Briggs Type Indicator (MBTI), a US test of personality type,...

SK Telecom, Hana Financial Group jointly nurture AI startups

SK Telecom, Hana Financial Group jointly nurture AI startups

SK Telecom Co. and Hana Financial Group are strengthening their collaboration in the field of artificial intelligence (AI). They are jointly fosteri...

Kakao Brain releases new AI artist Karlo 2.0

Kakao Brain releases new AI artist Karlo 2.0

Kakao Brain, an artificial intelligence (AI) R&D subsidiary of South Korea's Kakao Corp., revealed its latest AI image generation model Karlo 2....

AI startup Liner adds GPT service to Samsung Internet Browser

AI startup Liner adds GPT service to Samsung Internet Browser

South Korea’s Liner, an artificial intelligence search platform startup, on Thursday announced the release of Liner Copilot, an extension for ...

JKL Partners to acquire $150 mn cult-favorite bagel chain London Bagel Museum Kolon's early bets on para-aramid recovery pays off amid AI boom Shinsegae chair likely to head Asian arm of pro-Trump Rockbridge S.Korea’s leading ERP player Douzone Bizon up for sale; EQT Partners in talks MSCI maintains S.Korea’s emerging-market status; level playing field required