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Krafton Pledges ₩100 Billion Investment to Become an ‘AI-First’ Company

Krafton Pledges ₩100 Billion Investment to Become an ‘AI-First’ Company

SEOUL, Oct. 23 (Korea Bizwire) — Krafton Inc., the South Korean game developer behind PlayerUnknown’s Battlegrounds (PUBG), announced Thursday that it will invest 100 billion won (about US$72 million) to build a high-performance GPU cluster as part of its transformation into an “AI-first” company. The company unveiled its new long-term vision during an internal town hall [...]

OpenAI Maps Out Korea Expansion, Citing Strong Growth and Strategic Partnerships with Samsung, SK hynix

OpenAI Maps Out Korea Expansion, Citing Strong Growth and Strategic Partnerships with Samsung, SK hynix

SEOUL, Oct. 23 (Korea Bizwire) — OpenAI unveiled an ambitious blueprint for its expansion into South Korea on Wednesday, calling for a dual-track strategy that combines the development of “sovereign AI” infrastructure with deeper international collaboration. The plan marks the company’s clearest signal yet that it views South Korea as a pivotal partner in the global [...]

From Solar Dreams to Smart Data: The Making of an AI City on Korea’s Southern Coast

From Solar Dreams to Smart Data: The Making of an AI City on Korea’s Southern Coast

MUAN, South Korea, Oct. 22 (Korea Bizwire) — On the reclaimed coastline of South Jeolla Province, an ambitious experiment in urban design is quietly taking shape. The corporate city of Solasido — a blend of solar, sea, and do (province) — is emerging as South Korea’s latest bid to merge renewable energy with artificial intelligence, drawing [...]

The Coming Memory War: Inside Korea’s High-Stakes Race for the Future of AI Chips

The Coming Memory War: Inside Korea’s High-Stakes Race for the Future of AI Chips

SEOUL, Oct. 22 (Korea Bizwire) – In a glass-lit exhibition hall in southern Seoul, the quiet hum of competition filled the air. Two of South Korea’s tech titans—Samsung Electronics and SK hynix—unveiled their newest weapons in the global race to power artificial intelligence: the sixth generation of high bandwidth memory chips, or HBM4. The debut [...]

South Jeolla Emerges as South Korea’s Renewable-Powered AI Hub

South Jeolla Emerges as South Korea’s Renewable-Powered AI Hub

MUAN, Oct. 22 (Korea Bizwire) — In a country racing to secure its place in the global artificial intelligence arms race, South Jeolla Province has quietly become a surprising frontrunner. Backed by abundant renewable energy and vast land resources, the region is drawing some of the world’s biggest technology investments—including the government’s next national AI computing [...]

Police Halt Use of Domestic AI Legal Platform After ChatGPT Case Sparks Debate

Police Halt Use of Domestic AI Legal Platform After ChatGPT Case Sparks Debate

SEOUL, Oct. 21 (Korea Bizwire) — South Korea’s National Police Agency has suspended its use of a domestic artificial intelligence–based legal information platform, citing cost pressures and growing concerns over the reliability of AI-generated content after a recent controversy involving ChatGPT-created false legal citations. According to police officials on Tuesday, the agency announced on its internal [...]

Samsung Bets on Korea’s AI Sovereignty with New KODEX ETF Launch

Samsung Bets on Korea’s AI Sovereignty with New KODEX ETF Launch

SEOUL, Oct. 21 (Korea Bizwire) — Samsung Asset Management said Monday it will launch a new exchange-traded fund (ETF) that invests in companies participating in South Korea’s national “Sovereign AI” project, underscoring growing investor confidence in the country’s bid to develop its own artificial intelligence infrastructure. The KODEX Korea Sovereign AI ETF, set to debut on [...]

Samsung Unveils AI-Powered Appliance Manual for the Visually Impaired

Samsung Unveils AI-Powered Appliance Manual for the Visually Impaired

SEOUL, Oct. 15 (Korea Bizwire) — Samsung Electronics on Wednesday marked White Cane Safety Day by unveiling an artificial intelligence–based user manual designed to help visually impaired and low-vision users operate home appliances more easily. The new guide, titled “Manual for All,” was developed in collaboration with TUAT, a startup specializing in visual-assistance technology that was [...]

KT and Palantir Deepen AI Partnership to Boost Data-Driven Innovation in Korea

KT and Palantir Deepen AI Partnership to Boost Data-Driven Innovation in Korea

SEOUL, Oct. 14 (Korea Bizwire) – Chief executive officers (CEOs) of KT Corp. and U.S. software platform firm Palantir Technologies Inc. met Tuesday to discuss ways to expand the companies’ artificial intelligence (AI) platforms across industries, the Korean telecom company said. During a meeting in Seoul, KT CEO Kim Young-shub and Palantir CEO Alex Karp [...]

Dubai Eyes Closer Fintech Partnership with South Korea Amid AI Boom

Dubai Eyes Closer Fintech Partnership with South Korea Amid AI Boom

DUBAI, Oct. 14 (Korea Bizwire) – Dubai, a major financial hub in the Middle East, is eyeing deeper cooperation with South Korea as the city develops its fintech industry amid the boom of artificial intelligence (AI) technology, an official from the city’s digital economy agency has said. Saeed Al Gergawi, vice president of the Dubai [...]