SEOUL, Aug. 7 (Korea Bizwire) – About 60 percent of South Koreans believe that artificial intelligence could bring more potential benefits than potential dangers, a government survey showed Wednesday. The survey of 765 people, conducted by the Ministry of Science and ICT in June and July, showed that 57 percent of the respondents say the [...]
SEOUL, Aug. 7 (Korea Bizwire) – South Korean artificial intelligence (AI) healthcare companies are making significant progress in the global market, with recent developments highlighting their competitiveness and potential for expansion. Lunit, a leader in AI-powered cancer diagnostics, has announced that its chest X-ray analysis solution, Lunit Insight CXR, has received approval from the World Health [...]
SEOUL, Aug. 7 (Korea Bizwire) — LG AI Research, the artificial intelligence lab under South Korea’s LG Group, unveiled the third generation of its giant, multimodal AI model EXAONE on Wednesday, offering improved performance and cost efficiency for its users. To contribute to the development of the AI ecosystem, LG AI Research said it has [...]
SEOUL, Aug. 5 (Korea Bizwire) – South Korea is set to develop an artificial intelligence (AI) video analysis system aimed at preventing railway accidents caused by human error, such as train operator mistakes. The Korea Transportation Safety Authority (KTSA) recently commissioned a research project titled Development of AI-assisted Train Operation Support Technology. This initiative seeks to [...]
SEOUL, Jul. 31 (Korea Bizwire) – A recent report by CJ ENM’s digital marketing firm MezzoMedia reveals a growing trend among South Korean consumers: maximizing value from limited time across shopping, gaming, and content consumption. The 2024 Consumer Trends Series report, released on July 29, highlights consumers’ increasing preference for products and services that minimize wasted [...]
SEOUL, Jul. 30 (Korea Bizwire) — SK Telecom Co. said Tuesday it has launched its artificial intelligence-based veterinary care assistance service X Caliber in Southeast Asia. The mobile carrier signed a deal with local companies to supply X Caliber in Malaysia, Thailand and Vietnam, according to the Korean company. X Caliber is an AI-based veterinary [...]
SEOUL, Jul. 29 (Korea Bizwire) – The South Korean Ministry of Environment and POSCO DX have joined forces in an innovative environmental, social, and governance (ESG) initiative aimed at reducing wildlife-vehicle collisions on the country’s roads. On July 26, the two entities signed a memorandum of understanding at POSCO DX’s Pangyo office in Seongnam, Gyeonggi Province. [...]
SEOUL, Jul. 23 (Korea Bizwire) – In a strategic move to secure a leading position in the next-generation artificial intelligence (AI) semiconductor market, Samsung Electronics is ramping up investments in AI chip companies. Industry sources reported on July 22 that the Samsung Catalyst Fund (SCF), a venture capital fund that operates under the Samsung Semiconductor Innovation [...]
SEOUL, Jul. 22 (Korea Bizwire) – Samsung Electronics, the South Korean tech giant, is revving up its merger and acquisition (M&A) engine, with a particular focus on artificial intelligence (AI) technologies. The company’s recent moves have ignited speculation about its next big deal and future direction in the rapidly evolving AI landscape. On July 16, Samsung [...]
SEOUL, Jul. 19 (Korea Bizwire) – LG Electronics is ramping up its smart factory solutions business, leveraging 66 years of manufacturing and production data combined with artificial intelligence (AI) and digital transformation (DX) technologies. The company aims to aggressively enter industrial sectors with anticipated growth in factory demand, with the goal of achieving revenue of 1 [...]