SEOUL, July 8 (Korea Bizwire) — The most frequently used data in the two years since the launch of the public financial data open service was company-related information, a top financial regulator said Thursday. The Financial Services Commission (FSC) said Thursday that a total of 87 application program interfaces (APIs) and more than 1.2 billion data [...]
SEOUL, July 8 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Thursday that it will launch a program with its chipmaking affiliate SK hynix Inc. to share their practical knowledge and know-how in the areas of semiconductors and artificial intelligence (AI) with local universities. The two companies will establish an online [...]
SEOUL, July 6 (Korea Bizwire) — KT Corp., South Korea’s No. 2 mobile carrier, said Wednesday it has invested 30 billion won (US$23 million) in Rebellions Inc., a local artificial intelligence (AI) chip startup, to participate in the fast growing field of AI chips. The deal signed Monday marks KT’s second strategic investment in the [...]
SEOUL, July 6 (Korea Bizwire) — Two of South Korea’s biggest hospitals plan to develop an artificial intelligence (AI)-based platform to ensure early detection and diagnosis of autism spectrum disorder (ASD) for infants. A consortium formed by Seoul National University Hospital and Severance Hospital was selected as the lead organization for the development of ASD [...]
SEOUL, July 6 (Korea Bizwire) — Kakao Enterprise Corp., an artificial intelligence (AI) unit of the country’s largest mobile messenger operator Kakao Corp., ranked first in the kiosk category of the Face Recognition Vendor Test (FRVT) conducted by the U.S. National Institute of Standards and Technology. The FRVT is a globally-renowned facial recognition test that [...]
SEOUL, July 5 (Korea Bizwire) — South Korea’s military is joining hands with IT representatives to train technology specialists. The Ministry of National Defense and the Ministry of Science and ICT announced Tuesday that they will start a joint artificial intelligence (AI) and software training program for military personnel, aimed at developing 1,000 military specialists for the [...]
SEOUL, March 25 (Korea Bizwire) — South Korea plans to invest more than 20 trillion won (US$16.4 billion) in data, network and artificial intelligence (AI) sectors over the next three years in a bid to help nurture future-oriented industries, the finance minister said Friday. Along with fiscal spending, the government plans to provide support for [...]
SEOUL, May 15 (Korea Bizwire) — South Korean telecom operators are joining other internet service providers to expand their footholds in data centers as the pandemic drives demand for online services and to tackle a surge in data traffic amid the increased penetration of the 5G network across the country. Telecom giant KT Corp. launched [...]
SEOUL, Feb. 5 (Korea Bizwire) — Trendsetting companies from various fields including communications, credit card and others will join hands to build South Korea’s first private-sector ‘data dam’. SK Telecom Co., jointly with Shinhan Card Co., Korea Credit Bureau Co., GS Retail Co. and Real Estate 114 Inc. have formed a data alliance, announcing plans [...]
SEOUL, Feb. 2 (Korea Bizwire) — South Korea plans to build a public big data system by 2024 by compiling all data from government agencies. Statistics Korea introduced plans to build the K-Statistics System on Monday, a cloud-based public big data system that collects data from both central and regional governments as well as public [...]