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AI Utilization in Telecommunications Industry Predicted to Increase Tenfold by 2032

AI Utilization in Telecommunications Industry Predicted to Increase Tenfold by 2032

SEOUL, Feb. 13 (Korea Bizwire) –According to a report by American market research company Polaris Market Research, the global telecommunications industry is set to witness a nearly tenfold increase in AI utilization, reaching $17.16 billion (approximately 22.82 trillion KRW) by 2032. This marks a significant growth from $1.82 billion (2.42 trillion KRW) recorded last year, [...]

Healthcare Innovators Employ AI and Robotics to Pioneer Non-Drug Therapies for Alzheimer’s Treatment

Healthcare Innovators Employ AI and Robotics to Pioneer Non-Drug Therapies for Alzheimer’s Treatment

SEOUL, Feb. 13 (Korea Bizwire) – The healthcare industry is witnessing a surge in the development of non-pharmacological interventions to assist in the treatment of Alzheimer’s, leveraging artificial intelligence (AI), robotics, and low-dose radiation systems. Radicure, a company specializing in dementia-dedicated digital X-ray systems, has partnered with Neurophet, a brain disorder imaging AI solution firm, to [...]

Most Software Developers Believe Generative AI Could Take Over Some of Their Tasks

Most Software Developers Believe Generative AI Could Take Over Some of Their Tasks

SEOUL, Feb. 9 (Korea Bizwire) –A recent survey revealed that 90% of software developers anticipate that generative artificial intelligence (AI) could potentially replace aspects of their jobs. HR tech company WantedLab disclosed that an online survey conducted from February 2 to 7 among approximately 180 software developers found that 83.6% of respondents believe generative AI [...]

Bank of Korea Develops Improved Inflation Forecast Model Using Big Data and AI

Bank of Korea Develops Improved Inflation Forecast Model Using Big Data and AI

SEOUL, Feb. 6 (Korea Bizwire) –The Bank of Korea announced on February 6 that it has developed an inflation forecast model with improved predictive accuracy, utilizing big data, artificial intelligence (AI), and machine learning (ML) technologies. Lee Changhoon, head of the digital technology R&D team at the Bank of Korea, shared these insights in a [...]

Kakao Healthcare Launches PASTA, a Cutting-Edge AI Mobile Service for Blood Sugar Management

Kakao Healthcare Launches PASTA, a Cutting-Edge AI Mobile Service for Blood Sugar Management

SEOUL, Feb. 1 (Korea Bizwire) – Kakao Healthcare unveiled its new mobile service PASTA on February 1, a revolutionary tool powered by artificial intelligence aimed at managing blood sugar levels. The announcement came during a press briefing held at the Kakao Pangyo Agit in the Seoul suburb of Seongnam in Gyeonggi Province. During the event, [...]

11th Street Launches ‘AI Selling Coach’ to Empower Sellers with Advanced Market Insights

11th Street Launches ‘AI Selling Coach’ to Empower Sellers with Advanced Market Insights

SEOUL, Jan. 31 (Korea Bizwire) –Online shopping portal 11st has announced the launch of its new paid service, “AI Selling Coach,” set to debut on February 1. This service aims to provide sellers with optimal information using artificial intelligence. Building upon the existing “Seller Analytics” that offered insights into pricing, reviews, referral pages, and incoming [...]

AI Care Robots Significantly Reduce Depression in Elderly

AI Care Robots Significantly Reduce Depression in Elderly

DANYANG, Jan. 25 (Korea Bizwire) — Artificial Intelligence (AI) care robots have been found to significantly alleviate depression in the elderly, according to a study conducted in Danyang County, North Chungcheong Province. On January 24, Danyang County reported that after distributing AI care robots to 110 solitary seniors aged between 65 and 85 in early October [...]

Yuhan-Kimberly Launches Innovative ‘Huggies AI Fitting Room’ Service for Perfect Diaper Fit

Yuhan-Kimberly Launches Innovative ‘Huggies AI Fitting Room’ Service for Perfect Diaper Fit

SEOUL, Jan. 23 (Korea Bizwire) — Yuhan-Kimberly announced on January 22 the launch of the groundbreaking ‘Huggies AI Fitting Room’ utilizing artificial intelligence, targeted at shoppers making purchases at its online mall, MomQ. This service is designed to analyze and suggest the perfect diaper size for children, leveraging the capabilities of AI. A representative from Yuhan-Kimberly [...]

KAIST Research Team Unveils How Innate Music Instinct Can Arise Without Special Learning

KAIST Research Team Unveils How Innate Music Instinct Can Arise Without Special Learning

DAEJEON, Jan. 17 (Korea Bizwire) — A research team at the Korea Advanced Institute of Science and Technology (KAIST), led by professor Jeong Hawoong of the Department of Physics, has elucidated how an innate music instinct can manifest in the human brain without special training. This breakthrough, announced on January 16, utilized an artificial neural network model [...]