SEOUL, Nov. 2 (Korea Bizwire) — Hyundai Motor Co. said Thursday it will work with Israeli engineers to develop cutting-edge mobility technologies as demand for next-generation vehicles is on the rise. The Korean carmaker will explore Israeli startups that have expertise in such areas as artificial intelligence, sensor fusion and cybersecurity for investment and joint [...]
SEOUL, Nov. 2 (Korea Bizwire) — South Korea has signed an agreement with the European Investment Bank to export a corporate technology evaluation system, the Ministry of SMEs and Startups said Thursday. The technology evaluation system, developed by the Korea Technology Finance Corp. (KIBO), has been exported to emerging markets, including Vietnam, Thailand and Peru. [...]
SEOUL, Nov. 1 (Korea Bizwire) – Shanghai-based South Korean businessman Kim Hae-soo has won this year’s ‘Next Generation Rising Venture Conference’ with his business of virtual reality-based room escape cafés. During the event, which was jointly held by the World Federation of Overseas Korean Traders Association and Yonhap News Agency to help young South Korean businessmen [...]
SEOUL, Oct. 31 (Korea Bizwire) — South Korean companies rank in the bottom tier in utilizing cloud service, a report from the Organization for Economic Cooperation and Development (OECD) showed Tuesday. An OECD survey of 33 member states in 2016 placed South Korea at 27th, with the service use of 12.9 percent. Hungary (12.2 percent), [...]
SEOUL, Oct. 26 (Korea Bizwire) — South Korea’s No. 1 portal Naver Corp. is under growing pressure to reinvent itself after admitting to intentionally editing news rankings, industry officials said Thursday, one of the suspicions that has long dogged the company valued at over 26 trillion won (US$23.06 billion). Naver Sports admitted to rearranging the [...]
SEOUL, Oct. 19 (Korea Bizwire) — South Korean Go players are reacting rather positively to reports of AlphaGo Zero, with high-profile figures like Lee Se-dol expressing excitement and saying the new AI would stimulate young Go players. Researchers from Google DeepMind, who also invented artificial intelligence-based Go player AlphaGo in 2016, published a research paper on [...]
SEOUL, Oct. 18 (Korea Bizwire) – South Korean web giant Naver’s new European-based artificial intelligence research team has debuted at the company’s annual developers’ meeting this year. The research group, dubbed Naver Labs Europe, is an institute based in Grenoble in Southeastern France that used to be called ‘Xerox Research Centre Europe’, which Naver took over [...]
SEOUL, Oct. 18 (Korea Bizwire) – Google Inc. is applying its artificial intelligence (AI) technology to not only prevent spam emails but also as an email reply tool for users, a company engineer said Wednesday. Google said its machine learning model can ferret out spam and phishing messages with 99.9 percent accuracy, even spam that [...]
SEOUL, Oct. 16 (Korea Bizwire) – Naver Corp., South Korea’s top Internet portal operator, showcased nine robots Monday as it aims to transform itself into a company with the combination of Artificial Intelligence (AI), software and hardware products. Naver launched its ambient Intelligence (AmI)-based robot lineup that is relatively cheap compared to past models. AmI [...]
SEOUL, Sept. 22 (Korea Bizwire) – Google Korea has thrown its hat into the ring with an announcement on September 21 that its AI-integrated service Google Assistant is now available in Korean. Google Assistant joins a line that includes Apple’s Siri, Naver’s Clover and Samsung’s Bixby leading to the doors of Korean consumers. Google Korea [...]