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The latest technology news coverage. We bring you the latest information on what is happening in Korea today.

POSCO International Expands into Ukraine’s Postwar Reconstruction with Modular Plant

POSCO International Expands into Ukraine’s Postwar Reconstruction with Modular Plant

SEOUL, Nov. 16 (Korea Bizwire) – POSCO International is venturing into Ukraine’s postwar reconstruction, commencing with the establishment of a modular plant.  The announcement came on Wednesday when CEO Jeong Tak signed a Memorandum of Understanding (MOU) with Governor Vitalii Kim of the Mykolaiv region for the construction of a modular building production facility. Modular construction [...]

KT Launches AI Human Studio: Transformative Video Creation with Generative AI

KT Launches AI Human Studio: Transformative Video Creation with Generative AI

SEOUL, Nov. 16 (Korea Bizwire) – On Wednesday, KT unveiled the KT AI Human Studio, an innovative service harnessing generative artificial intelligence (AI) technology to craft virtual human videos effortlessly.  The KT AI Human Studio, a user-friendly web service, empowers individuals to create engaging video content without the complexities of intricate filming or editing processes. Users [...]

Seoul National University Launches Pioneering AI Semiconductor Graduate School with MSIT Support

Seoul National University Launches Pioneering AI Semiconductor Graduate School with MSIT Support

SEOUL, Nov. 14 (Korea Bizwire) –The Ministry of Science and ICT inaugurated the Seoul National University Graduate School of Artificial Intelligence Semiconductors during a ceremony held at the Design Research Center of Seoul National University on Tuesday. AI semiconductors, crucial for executing large-scale computations essential for high-speed and low-power artificial intelligence (AI) services, were the [...]

Samsung Introduces Its Generative AI Model Gauss at Annual Tech Conference

Samsung Introduces Its Generative AI Model Gauss at Annual Tech Conference

SEOUL, Nov. 14 (Korea Bizwire) — Samsung Electronics Co. on Tuesday showcased its latest updates to software and services, including its new generative artificial intelligence (AI) model, Samsung Gauss, at an annual tech conference. At the Samsung Developer Conference (SDC) Korea 2023 in Seoul, the South Korean tech giant introduced Samsung Gauss and its three [...]

Reimagining Gaming: G-STAR Unveils Shift to Console Platforms and Subculture Games

Reimagining Gaming: G-STAR Unveils Shift to Console Platforms and Subculture Games

SEOUL, Nov. 14 (Korea Bizwire) – At the upcoming G-STAR, Korea’s prime gaming exhibition, the industry will unveil new titles focused on delivering inherent fun and leveraging intellectual property (IP). These submissions and booth plans highlight a forecast: console platforms and subculture games, specifically the Japanese anime-style, are set to become pivotal in 2024′s gaming landscape. [...]

Banking on Conversational AI: Revolutionizing Financial Services

Banking on Conversational AI: Revolutionizing Financial Services

SEOUL, Nov. 13 (Korea Bizwire) – The adoption of artificial intelligence (AI) in financial services by commercial banks is rapidly gaining momentum. Specifically, the integration of generative AI, which derives new value by learning from existing data, is being hailed as a pivotal driver of growth within the financial sector and a cornerstone of innovation in [...]

AI Startup Twelve Labs Unveils Video Language AI Foundation Model Pegasus-1

AI Startup Twelve Labs Unveils Video Language AI Foundation Model Pegasus-1

SEOUL, Nov. 9 (Korea Bizwire) — Twelve Labs, South Korea’s generative artificial intelligence (AI) startup, unveiled its video language foundation model Thursday in a bid to take the lead in the hyperscale large language model market. The model, named Pegasus-1, can accurately summarize long videos into a text and have a chat about the video [...]

Delivery Robots Avoid Obstacles, Cross Busy Intersections to Deliver Food in the Heart of Gangnam

Delivery Robots Avoid Obstacles, Cross Busy Intersections to Deliver Food in the Heart of Gangnam

SEOUL, Nov. 8 (Korea Bizwire) – In the heart of Gangnam, Seoul, a robot waits at traffic lights alongside citizens, crosses intersections, and delivers food to nearby buildings. The Gangnam District Office announced on Tuesday its launch of a demonstration project for outdoor robot delivery services in the Teheran-ro 87-gil area during the months of November [...]

New Service Helps Car Owners Check Emissions, Subsidies, and Eco-Friendly Benefits

New Service Helps Car Owners Check Emissions, Subsidies, and Eco-Friendly Benefits

SEOUL, Nov. 8 (Korea Bizwire) – A new service is being launched that helps car owners check their vehicle’s emissions, see potential subsidies for buying an eco-friendly car, find out about maintenance costs, and understand the environmental benefits of eco-friendly vehicles. The Ministry of Environment and the Korea Environment Agency have announced the My Car Easy [...]

Kakao Sets Up Autonomous Entity Dedicated to Enhancing Ethical Governance

Kakao Sets Up Autonomous Entity Dedicated to Enhancing Ethical Governance

SEOUL, Nov. 3 (Korea Bizwire) – Kakao Corp., the operator of South Korea’s top mobile messenger, said Friday it will establish an independent organization to strengthen its ethics management system amid public criticism over stock manipulation allegations involving its executives. The external body, planned for launch later this year, will be dedicated to creating and [...]