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 [...]
Amsterdam, the Netherlands, Nov. 22 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced a collaboration with USA-based MedChat to integrate MedChat’s live chat and AI-driven chatbot services into Philips Patient Navigation Manager, helping improve call center efficiency and speed the time to resolve patient inquiries. With the combined offering, Philips now [...]
SEOUL, Nov. 16 (Korea Bizwire) — South Korea opened a research laboratory Tuesday to develop a demining solution utilizing artificial intelligence (AI) to enhance accuracy of the military’s mine clearance operations, the defense ministry said. The ministries of defense and science established the laboratory at the Army Engineer School in Jangseong, 308 kilometers south of [...]
SEOUL, Nov. 10 (Korea Bizwire) — Artificial intelligence (AI) is making its way to some of the hottest spaces frequented by department store visitors: beauty select shops. Retail giant Shinsegae Group announced on Monday that Chicor, its beauty select shop chain, will display an advanced type of pop-up store in which ‘Zmirror’ — a smart [...]
SEJONG, Nov. 5 (Korea Bizwire) — Plans are underway to introduce a new residential service that uses artificial intelligence (AI) and Internet of Things (IoT) technology to ensure the health and safety of the elderly living in public rental houses. The Ministry of Land, Infrastructure and Transport and the Korea Land & Housing Corp. jointly [...]
DAEJEON, Nov. 4 (Korea Bizwire) — New technology has been developed in which the artificial intelligence (AI) responsible for monitoring closed-circuit television (CCTV) footage installed in crime-ridden districts can send CCTV footage instantly to the police if it detects dangerous situations. The Electronics and Telecommunication Research Institute (ETRI) said Wednesday that it had developed core [...]
SEOUL, Oct. 28 (Korea Bizwire) — South Korea’s dominant internet portal operator Naver Corp. on Thursday introduced a new personalized search service dubbed AiR Search. The service, powered by Naver’s artificial intelligence (AI) technology, will provide results in block units that reflect current trends and individual interests. “AiR Search will be the beginning of a [...]
SANTA CLARA, Calif., Oct. 26 (Korea Bizwire) – Ambarella, Inc. (NASDAQ: AMBA), an AI vision silicon company, today announced it has entered into a definitive agreement to acquire Ohio-based Oculii Corporation (“Oculii”). Oculii’s adaptive AI software algorithms are designed to enable radar perception using current production radar chips to achieve significantly higher (up to 100X) resolution, longer range and [...]
SEOUL, Oct. 6 (Korea Bizwire) — Hanwha Techwin Co., a leading surveillance tech firm in South Korea, said Wednesday it will join forces with Azena, an Internet of Things company, and the country’s telecommunications giant KT Corp. for artificial intelligence (AI)-powered video solutions. Under the partnership, Hanwha Techwin said its CCTV users will be able [...]