SEOUL, April 5 (Korea Bizwire) — Kakao Mobility Corp., South Korea’s leading taxi-hailing firm, on Monday unveiled how its artificial intelligence (AI) taxi allocation system works via its official website. The site shows how each cab is hailed in various scenarios, how the AI uses a designated forecast model to reach customers faster, as well [...]
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 [...]
DAEJEON, March 25 (Korea Bizwire) — The Korean Intellectual Property Office (KIPO) said it will launch a trial of an artificial intelligence (AI) technology-based patent search system for its examiners on Friday. This service, developed in collaboration with Kakao Enterprise, can contribute to shortening the search time and improving the quality of examination by using [...]
SEOUL, March 24 (Korea Bizwire) — Samsung Electronics Co. announced Wednesday the Bespoke Creator AI, a service that helps consumers customize colors for the tech giant’s Bespoke home appliances. Customers can use the service to simulate various mixes of colors that would fit perfectly in their homes. The service provides three kinds of recommendations. The [...]
SEOUL, March 24 (Korea Bizwire) — Kakao Enterprise Corp., an artificial intelligence (AI) unit of South Korean internet giant Kakao Corp. said Wednesday that its in-house natural language processing AI model LittleBird-large grabbed the top spot in the performance test of the Korean machine reading comprehension dataset KorQuAD 2.0. KorQuAD 2.0 is a massive dataset of Q&As [...]
DAEJEON, March 23 (Korea Bizwire) — South Korea is positioned in the third spot after the U.S. and China in the area of patent applications for artificial intelligence (AI) semiconductors, a report from the country’s patent office showed Tuesday. According to an analysis conducted by the Korea Intellectual Property Office along with the Center for [...]
AUSTIN, Texas, March 10 (Korea Bizwire) — Eagle Eye Networks, the global leader in cloud video surveillance, today launched Eagle Eye LPR (license plate recognition), which uses artificial intelligence (AI) in a true cloud-based system for high accuracy in all kinds of challenging conditions. Eagle Eye LPR operates on readily available security cameras making it [...]
SEOUL, March 8 (Korea Bizwire) — Major South Korean lender Shinhan Bank said Monday it will introduce artificial intelligence (AI)-based automated teller machines (ATMs) that detect abnormal activities to prevent voice phishing. The new ATMs detect a user’s suspicious activities, such as talking on their cell phone while using the machine or wearing sunglasses or [...]
SEOUL, March 3 (Korea Bizwire) — South Korean telecom giant SK Telecom Co. said Thursday its artificial intelligence service designed to help the visually impaired has won an award at the world’s largest mobile show in Barcelona. The wireless carrier said the AI-based virtual service co-developed with local social venture group Tuat has received an [...]
SEOUL, Feb. 23 (Korea Bizwire) — South Korea climbed to the first-tier group of countries last year in terms of how well its state policies for artificial intelligence are aligned with democratic values, a U.S. nongovernmental organization said Wednesday. In 2021, South Korea moved up by one notch to the first-tier group with 11 points, [...]