SEOUL, Jan. 5 (Korea Bizwire) — Seoul’s Geumcheon district office said Tuesday that it will introduce artificial intelligence (AI) technology to keep traffic in back alleys safe. The district has set up ‘safety smartboards’ at two road entrances that lead to a children’s safety zone. The smartboards use a radar-based speed warning system to offer [...]
SEOUL, Jan. 5 (Korea Bizwire) — A new service will be introduced to make it easier to search the publicly-owned technologies with promising commercialization prospects among those developed by universities or research institutes. The Ministry of Science and ICT on Wednesday officially opened the public technology transfer and transaction platform ‘ETechS’ that was upgraded by [...]
SEOUL, Dec. 17 (Korea Bizwire) — Kakao Brain, the artificial intelligence (AI) research subsidiary of South Korean internet giant Kakao Corp., is making inroads into the global market for AI in drug discovery. The company said Thursday that it had invested 5 billion won (US$4.21 million) in AI-based drug design platform startup Galux and established [...]
SEOUL, Dec. 9 (Korea Bizwire) — With financial regulators placing bigger emphasis on strengthening consumer protection, Hyundai Motor Group’s two affiliates have set up a special artificial intelligence (AI)-based system to prevent the so-called ‘incomplete sale’ of financial products. Hyundai Card Co., a leading credit card issuer in South Korea, said Wednesday that it had [...]
LOS ANGELES, Dec. 7 (Korea Bizwire) – Eyenuk, Inc., a global artificial intelligence (AI) medical technology and services company and the leader in real-world applications for AI Eye Screening™ and AI Predictive Biomarkers™, announces today that Discovery Health launched a new Diabetic Retinopathy Screening Benefit nationwide in South Africa, powered by the cutting-edge EyeArt® AI System helping [...]
SEOUL, Dec. 3 (Korea Bizwire) — The Seoul Metropolitan Government has established a system to ensure the swift rescue of citizens attempting suicide on bridges spanning the Han River. The Seoul Metropolitan Fire & Disaster Headquarters said Thursday that it had set up an integrated Han River Bridge CCTV control center within the Ttukseom Rescue [...]
TORONTO, Dec. 1 (Korea Bizwire) – Sophi.io, The Globe and Mail’s artificial intelligence-based automation, optimization and prediction engine, won WAN-IFRA’s 2021 Digital Media Awards Worldwide award in the Best Paid Media Strategy category for Sophi Dynamic Paywall, its real-time, personalized paywall engine that analyses both content characteristics and user behaviour to determine when to ask a reader [...]
HONGSEONG, Dec. 1 (Korea Bizwire) — So-called ‘artificial intelligence (AI) care robots’ are stepping up to prevent suicide among vulnerable groups. South Chungcheong Province plans to distribute the robots to 10 households in the southwestern county of Cheongyang, the region with the highest suicide rate in the province. These households include seniors living in a [...]
ULSAN, Dec. 1 (Korea Bizwire) — Global shipbuilding conglomerate Hyundai Heavy Industries Group made the first demonstration of the artificial intelligence (AI)-based vessel fire surveillance system that it developed using in-house technologies, after installing it on an liquefied natural gas (LNG) carrier on Tuesday. The system is a safety solution using AI to detect and [...]
SEOUL, Nov. 24 (Korea Bizwire) — The Ministry of Interior and Safety announced Tuesday that the artificial intelligence (AI) and big data-based ‘tax arrears analysis service’ that uses big data technology to analyze local tax data and calculate the potential of future payment will cover the entire nation next year. This service predicts if a [...]