SEOUL, May 17 (Korea Bizwire) — Major South Korean builder Hyundai Engineering & Construction Co. said Tuesday it will issue non-fungible tokens (NFTs) to celebrate the 75th anniversary of its foundation this year. To that end, Hyundai E&C recently signed a memorandum of understanding with local digital entertainment provider Sandbox Network on mutual exchange and [...]
SEOUL, May 17 (Korea Bizwire) — South Korean telecom giant SK Telecom Co. on Monday released the Android open beta version of A., an artificial intelligence (AI) service that grows through dialogue with users. On behalf of users, A. takes care of cumbersome tasks such as schedule management, phone calls and text messages that users [...]
SEOUL, April 20 (Korea Bizwire) — Kakao Brain, an artificial intelligence (AI) unit of South Korean tech giants Kakao Corp., said Tuesday it had unveiled an AI model designed to create images from text descriptions through the open-source community GitHub. The RQ-Transformer, consisting of 3.9 billion parameters, is a text-to-image AI model that learned 30 [...]
SEOUL, April 20 (Korea Bizwire) — LG CNS Co., a major IT service provider under LG Group, said Tuesday it had embarked on a project to establish an outdoor smart farm using state-of-the-art unmanned automation for agricultural production. The project is being promoted jointly by the Ministry of Agriculture, Food and Rural Affairs and the [...]
SEOUL, April 15 (Korea Bizwire) – Hyundai Movex Co., a logistics system affiliate under Hyundai Group, said Thursday it has introduced Roboport, a next-generation elevator for robots, at Naver Corp.’s new office building. Roboport is the world’s first elevator dedicated to service robots. More than 100 service robots will use Naver Cloud and ARC (AI, robot and cloud), [...]
SEOUL, April 12 (Korea Bizwire) — South Korea and Israel agreed Tuesday to invest US$5.3 million in the joint development of robot technologies in an effort to boost technological cooperation, Seoul’s industry ministry said. The two countries announced the joint investment program for the development of robotics technology, named the Lighthouse Program, during a launch [...]
SEOUL, April 12 (Korea Bizwire) — South Korean national flag carrier Korean Air Lines Co. said Monday it will take part in a government-led research and development project for an urban air mobility (UAM) surveillance information acquisition system. Under the project led by the Ministry of Land, Infrastructure and Transport, Korean Air will develop the [...]
SEOUL, April 12 (Korea Bizwire) — SK Telecom Co., South Korea’s top wireless carrier, announced that it has developed and is set to commercialize artificial intelligence (AI)-based post-production technology in collaboration with domestic digital content distribution company NEW ID. Designed to remove the captions, viewing ratings and sound sources protected by copyright that are digitally [...]
SEOUL, April 8 (Korea Bizwire) — Hyundai Rotem Co., a South Korean railway system and plant equipment maker, plans to join hands with a domestic robot platform company to develop a multi-legged defense robot that can perform counter-terrorism missions. The company said Thursday it had signed a memorandum of understanding with Rainbow Robotics to promote [...]
SEOUL, April 7 (Korea Bizwire) — The Korea Road Traffic Authority (KoRoad) said Wednesday it would introduce artificial intelligence (AI) to upgrade the function of its big data-based ‘road danger prediction system.’ The system is a traffic accident risk prediction system that KoRoad established for the first time in South Korea. The prediction system classifies [...]