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Archive by category AI & Big Data

Seoul to Require Labels on AI Content and Impose Punitive Damages for Misleading Ads

SEOUL, Dec. 11 (Korea Bizwire) — South Korea will introduce new regulations to curb the rapid spread of artificial intelligence–generated false and exaggerated advertising, including a mandatory labeling system for AI-produced content and punitive damages for malicious misinformation, government officials said Wednesday. The package was approved at a national policy coordination meeting chaired by Prime Minister [...]

Seoul Ends Pilot Discussions on How AI Will Transform Labor in IT, Media and Law

SEOUL, Dec. 11 (Korea Bizwire) — South Korea’s Presidential Committee on the Fourth Industrial Revolution (National AI Strategy Committee) has wrapped up a series of structured deliberation sessions designed to assess how artificial intelligence will reshape professional roles and employment, the committee said Tuesday. The talks, held between late October and early December, brought together practitioners [...]

South Korea Lays Out Long-Term Plan to Cement Lead in Next-Generation Memory Chips

SEOUL, Dec. 10 (Korea Bizwire) — South Korea unveiled a sweeping industrial strategy Wednesday to defend its lead in advanced memory semiconductors and accelerate development in underperforming segments, as global competition over artificial intelligence (AI) chips intensifies. Industry Minister Kim Jung-kwan said the government will invest 215.9 billion won ($146.8 million) by 2032 in next-generation memory [...]

Naver’s AI Shopping App Emerges as Fastest-Growing E-Commerce Platform in Korea

SEOUL, Dec. 9 (Korea Bizwire) — Naver’s standalone AI-driven shopping app, Naver Plus Store, has emerged as the fastest-growing e-commerce platform in South Korea this year, according to a global app market analysis released Monday by Sensor Tower. From January through October, Naver Plus Store ranked No. 1 in both total downloads and download growth among [...]

AI Startups Struggle With Low Survival Rates and Heavy Reliance on Public Funding, Study Finds

SEOUL, Dec. 9 (Korea Bizwire) — South Korean artificial intelligence startups are facing significant challenges, with fewer than six in ten surviving beyond three years, according to a new analysis released Sunday by the Korea Industrial Technology Association. The report examined more than 38,000 companies with in-house research institutes or dedicated R&D divisions, comparing young startups [...]

AI Appliances Go Mainstream as Online Reviews Surge 250-Fold in Five Years

SEOUL, Dec. 3 (Korea Bizwire) — Artificial intelligence–powered home appliances have rapidly moved from novelty to necessity in South Korea, with online reviews of such products increasing more than 250-fold over the past five years, according to new industry data. A study released Wednesday by CEO Score, a corporate data research firm, found that reviews of [...]

AI Tools Now Used by Nearly 90% of Korea’s Largest Companies for HR, Survey Finds

SEOUL, Nov. 28 (Korea Bizwire) — Nearly nine in ten of South Korea’s top 500 companies are using artificial intelligence in some form to manage personnel tasks, and more than one in five already rely on AI in hiring decisions, according to a government survey released Friday. The annual “2025 Corporate Hiring Trends Survey,” conducted by [...]

South Korea to Introduce First National Ethics Guidelines for AI Use in Universities

SEOUL, Nov. 28 (Korea Bizwire) — South Korea will issue its first government-backed ethics guidelines for the use of generative artificial intelligence on university campuses, amid a surge in cheating cases involving AI tools such as ChatGPT. According to the office of Kim Yong-tae, an opposition lawmaker who sits on the National Assembly’s Education Committee, the [...]

With 260,000 New GPUs, South Korea Tries to Redraw the Global AI Map

SEOUL, Nov. 27 (Korea Bizwire) — South Korea has taken another step toward remaking itself as a global center of artificial intelligence. On Thursday, the government convened the first meeting of a new working group made up of officials and senior executives from Samsung Electronics, Hyundai Motor Group, SK Telecom and Naver Cloud. The mission: figure [...]

South Korea Ranks No. 2 Globally in ChatGPT Revenue Despite Modest Downloads

SEOUL, Nov. 26 (Korea Bizwire) — South Korea has emerged as one of the world’s most lucrative markets for ChatGPT, generating the second-highest share of global revenue after the United States, according to new data released Wednesday by app-market analytics firm Sensor Tower. While India accounted for the largest share of global ChatGPT app downloads this [...]