Mountain View, CA and Denver, CO, Jun. 10 (Korea Bizwire) – The proliferation of APIs catalyzed by digital transformation initiatives is viewed as a virtual goldmine by hackers, who are hijacking tokens, cookies and keys, as well as targeting weaknesses in individual APIs. And all too often, static security controls fail to stop these attacks. Now, [...]
SEOUL, Jun. 7 (Korea Bizwire) — Samsung Electronics Co. has the third-largest number of patents related to artificial intelligence (AI), coming behind two U.S. tech giants, a report showed Friday. Microsoft Corp. has the most, with 18,363 AI-related patents as of January, followed by IBM Corp. with 15,046 and Samsung with 11,243, according to the [...]
SOUTHBOROUGH, Mass., Jun. 3 (Korea Bizwire) — Hitachi, Ltd. (TSE: 6501, Hitachi) and Virtusa Corporation (NASDAQ GS: VRTU) a global provider of digital strategy, digital engineering, and IT outsourcing services that accelerates business outcomes for its clients, today announced a new partnership to capitalize on the rapidly growing adoption of AI in financial services. The [...]
SEOUL, May 14 (Korea Bizwire) — Artificial intelligence (AI) and deep learning technology are being incorporated to raise the accuracy of disease diagnosis. A research team from Seoul National University Bundang Hospital developed a technology to diagnose sinusitis using a deep learning algorithm that raises diagnostic accuracy. Sinusitis is inflammation of the mucous membrane that [...]
SEOUL, May 14 (Korea Bizwire) – The security industry, traditionally known as one of the most labor-intensive sectors, is using artificial intelligence (AI) and Internet of Things (IoT) technology to evolve in the age of the Fourth Industrial Revolution. S-1 Corp., a South Korean security firm and an affiliate of Samsung Group, is offering new [...]
SEOUL, May 14 (Korea Bizwire) — South Korean financial firms plan to spend a total of 585 billion won (US$492 million) this year to adopt new technologies, such as artificial intelligence and big data analytics, data showed Tuesday. The planned spending reflects efforts by financial authorities to take deregulatory actions and cut red tape to [...]
SEOUL, May 13 (Korea Bizwire) — SK Telecom Co. and Microsoft Corp. have agreed to collaborate in cutting-edge ICT areas, including 5G, artificial intelligence (AI) and cloud computing, to foster new business opportunities, the companies said Monday. The South Korean telecom and U.S. tech giants signed a memorandum of understanding (MOU) last week to combine [...]
SEOUL, May 2 (Korea Bizwire) — Samsung Electronics Co. said Thursday it has moved its artificial intelligence (AI) lab in Canada to a prestigious institute to bolster efforts to develop advanced technologies applicable to system semiconductors. The Samsung Advanced Institute of Technology (SAIT) AI Lab, which first opened at the University of Montreal in August [...]
DAEJEON, Apr. 26 (Korea Bizwire) – South Korean researchers are embarking on a project to develop next-generation automation technology for naval vessels using artificial intelligence (AI) technology. The Korea Institute of Machinery and Materials (KIMM) has joined hands with Hyundai Heavy Industries Co. to develop AI-based emergency prediction and response technology. The project aims to [...]
SEOUL, Apr. 15 (Korea Bizwire) — South Korean education institutions are scrambling to incorporate artificial intelligence (AI) technology in classrooms across the country. The Seoul Metropolitan Office of Education (SMOE) announced that it is developing a curriculum for a new course on AI technology, which will soon be provided as an optional course for high [...]