SEOUL, Mar. 19 (Korea Bizwire) – For artificial intelligence to truly shine, it needs to intimately understand user preferences, habits and idiosyncrasies — the more personal data, the better for AI to seamlessly control smart home appliances and devices. But as AI burrows deeper into private lives, concerns over data security intensify. With the treasures of [...]
SEOUL, Mar. 18 (Korea Bizwire) – The Korea Electric Power Corporation (KEPCO), one of South Korea’s largest state-run companies, is breaking new ground by deploying artificial intelligence to assist in identifying and recommending talent for key leadership positions. The power utility has developed an “AI-based talent recommendation system” that taps HR and job performance data to [...]
SEOUL, Mar. 15 (Korea Bizwire) – Seoul’s subway system is set to become more tourist-friendly with the expansion of an Artificial Intelligence (AI) interpretation system in 11 stations, facilitating real-time conversations between foreign visitors and station staff in their native languages. Seoul Metro announced on March 14 that the ‘Simultaneous Foreign Language Conversation System’ will be [...]
SEOUL, Mar. 14 (Korea Bizwire) – A recent study forecasts that artificial intelligence (AI) could potentially replace up to 13% of jobs in South Korea, totaling approximately 3.27 million positions, with a significant portion of these at risk within professional fields. The Korea Institute for Industrial Economics & Trade released a report on March 13 outlining [...]
SEOUL, Mar. 14 (Korea Bizwire) – The proliferation of AI-generated cover songs that mimic the voices of famous singers has sparked controversy and raised legal concerns, as these ‘AI covers’ spread across YouTube, potentially infringing upon the rights of the artists involved. Legal experts warn that such activities, especially when they generate sponsorship or advertising revenue, [...]
SEOUL, Mar. 13 (Korea Bizwire) – Amid the rapidly growing global robotics market, fueled by advancements in Artificial Intelligence (AI) and Information and Communication Technology (ICT), tech giants Samsung Electronics and LG Electronics are ramping up their investments and research and development efforts. The robotics sector, which integrates various fields such as AI, semiconductors, optics, telecommunications, [...]
SEOUL, Mar. 13 (Korea Bizwire) — Lunit Inc., a South Korean medical artificial intelligence (AI) startup, said Wednesday it has secured preliminary approval from a New Zealand high court for the acquisition of an Oceania-based breast cancer solution firm, Volpara Health Ltd. With the high court’s approval, Volpara Health will hold a general shareholders’ meeting [...]
SEOUL, Mar. 10 (Korea Bizwire) –The Seoul Metropolitan Government is set to embark on a pioneering pilot project to support its employees’ use of paid generative AI services, marking a proactive step towards integrating AI into their workflows. This initiative aims to break away from the traditionally closed and slow-to-change public service culture by embracing [...]
SEOUL, Mar. 8 (Korea Bizwire) – LG Uplus has announced that its ‘Uth Youth Plan’ advertisement, the first in the industry to be crafted using artificial intelligence (AI)-generated content, has been awarded in the digital category at the 2024 Consumers’ Choice Best Ad awards. This innovative ad utilized LG Uplus’s proprietary AI technology, ‘ixi’, [...]
SEJONG, Mar. 8 (Korea Bizwire) – Amid intense global competition, particularly from the United States and China, in the utilization of Artificial Intelligence (AI) in the manufacturing sector, the South Korean government has initiated a comprehensive plan to systematically support the transition of private companies to AI autonomous manufacturing. During a meeting held in Seoul on [...]