SEOUL, July 21 (Korea Bizwire) – Chey Tae-won, chairman of South Korea’s SK Group, recently met with OpenAI chief executive officer (CEO) Sam Altman in San Francisco to discuss potential collaboration on artificial intelligence (AI) infrastructure and broader strategic partnerships, according to industry sources Monday. Chey visited OpenAI’s headquarters in San Francisco in early July [...]
GYEONGJU, July 19 (Korea Bizwire) — Chey Tae-won, Chairman of SK Group and the Korea Chamber of Commerce and Industry (KCCI), issued a pointed warning on Friday about China’s rapid advancement in manufacturing AI, urging South Korea to form a strategic alliance with Japan and reform key policies to maintain competitiveness in the global AI [...]
SEOUL, July 17 (Korea Bizwire) — In a move aimed at bolstering food safety and consumer trust, the Korea Food Research Institute has developed a cutting-edge infrared hyperspectral imaging technology powered by artificial intelligence to detect quality changes in beef during distribution. The new system allows for real-time, non-destructive analysis of subtle quality deterioration in [...]
SEOUL, July 15 (Korea Bizwire) — LG AI Research, the artificial intelligence (AI) lab under South Korea’s LG Group, on Tuesday unveiled EXAONE 4.0, the country’s first hybrid AI model. The hybrid AI model delivers world-class performance by combining the strengths of large language models (LLMs) and reasoning AI, the company said in a press [...]
SEOUL, July 14 (Korea Bizwire) — South Korea’s financial authorities are preparing a sweeping overhaul of capital regulations to curb excessive bank lending in real estate and steer financial resources toward high-growth industries like artificial intelligence and biotechnology. According to industry officials on July 13, the Financial Services Commission (FSC) is reviewing plans to raise [...]
OSAKA, July 12 (Korea Bizwire) — At the ongoing Osaka–Kansai Expo, Naver Cloud’s exhibition on AI caregiving technology is drawing strong interest from Japanese visitors, particularly seniors seeking support tools for aging family members. A standout attraction is “Clova CareCall,” an AI-powered phone service that checks in on elderly individuals living alone. More than just [...]
SEOUL, July 10 (Korea Bizwire) — South Korean artificial intelligence (AI) company iSciLab has won an award at a global summit hosted by the International Telecommunication Union (ITU), the company said Thursday. During the AI for Good Global Summit 2025 held from Tuesday in Geneva, the company’s AI-based animal biometrics solution was recognized by the [...]
SEOUL, July 2 (Korea Bizwire) — Google’s diversified artificial intelligence (AI) tools, designed to support human creativity through multilingual and multicultural models, are well-positioned to thrive in South Korea’s mature and tech-savvy market, a senior official from the U.S. tech giant said Wednesday. “It is very early days. I think there is still so much [...]
SEOUL, June 23 (Korea Bizwire) — Naver Cloud Corp., the cloud service affiliate of IT giant Naver Corp., said Monday it has signed an agreement with the city of Izumo in southern Japan to introduce its artificial intelligence (AI) phone chatbot service, CLOVA CareCall. Under the agreement, Naver Cloud will work with the city of [...]
SEOUL, June 21 (Korea Bizwire) — Hyundai Engineering & Construction (Hyundai E&C) unveiled an artificial intelligence-based sleep environment solution on Thursday, as South Korea’s leading builder accelerates efforts to integrate wellness technologies into residential living. The new system, dubbed “Hey, Sleep,” uses AI to analyze individual sleep patterns and automatically optimize environmental factors such as [...]