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Cultural Heritage Administration to Deploy Drones for Safety Management

Cultural Heritage Administration to Deploy Drones for Safety Management

SEOUL, April 24 (Korea Bizwire) — Drones with artificial intelligence (AI) video analysis technology will be deployed starting next year to fly over cultural heritage sites for monitoring and investigation. The Cultural Heritage Administration (CHA) announced Thursday that it will draw up plans for video analysis drones to be used for safety management of cultural [...]

‘New Normal’ Under COVID-19 a Boon for New Technology

‘New Normal’ Under COVID-19 a Boon for New Technology

SEOUL, April 20 (Korea Bizwire) — The coronavirus pandemic is propagating rapidly across the globe, boosting the popularity of so-called “untact” services, and promoting Fourth Industrial Revolution technology based on artificial intelligence. Many companies have been increasing spending on automation, including robot purchases, in light of the pandemic. The International Federation of Robotics estimates that [...]

Epiq Launches Next-Gen Service to Assist Clients with Contract Analysis

Epiq Launches Next-Gen Service to Assist Clients with Contract Analysis

NEW YORK, April 16 (Korea Bizwire) — Epiq, a global leader in the legal services industry, today announced the expansion of its artificial intelligence (AI)-enabled legal solutions to include Contract Analysis.  The new global Contract Analysis offering combines expertise with machine learning and natural language processing to enable faster, more intelligent contract analysis by legal [...]

AI-powered Solutions Play Major Role in Virus Fight

AI-powered Solutions Play Major Role in Virus Fight

SEOUL, April 9 (Korea Bizwire) — South Korean IT solution providers are introducing various artificial-intelligence (AI)-based solutions to help the country’s fight against the novel coronavirus, industry insiders said Thursday. LG CNS Co., an IT service unit under LG Group, said it has recently launched an AI-powered facial recognition entrance gate control system at its [...]

Patients No Longer Have to Wait for Paramedics as AI Services Optimize Efficiency

Patients No Longer Have to Wait for Paramedics as AI Services Optimize Efficiency

CHUNCHEON, April 3 (Korea Bizwire) — The Gangwon Fire Headquarters said it will launch an initiative to establish an intelligent emergency demand prediction platform. An analysis of emergency demand in Gangwon Province over the past decade showed that the time between the dispatch and the increased rate of emergency demand was below the national average. [...]

S. Korean AI Technology Analyses Pneumonia in a Single Minute

S. Korean AI Technology Analyses Pneumonia in a Single Minute

SEOUL, April 2 (Korea Bizwire) — South Korea has introduced the country’s first commercial artificial intelligence (AI) medical imaging analysis technology that can accurately determine the severity of pneumonia in a coronavirus patient. The MEDIP PRO Technology developed by MEDICAL IP, an AI medical imaging analysis firm, is currently being used in 24 countries around [...]

Drugmakers Introduce AI to Speed Up Development of Coronavirus Cure

Drugmakers Introduce AI to Speed Up Development of Coronavirus Cure

SEOUL, April 2 (Korea Bizwire) — Artificial intelligence (AI), expected to change the paradigm of new drug development, is gaining new attention as it has proven to be very effective in the global battle with the coronavirus. As the world suffers from the spread of COVID-19, the need for speed when it comes to discovering [...]

Police Developing AI Voice Recognition Software for Victim Statements

Police Developing AI Voice Recognition Software for Victim Statements

SEOUL, March 20 (Korea Bizwire) — South Korean police are seeking to introduce an artificial intelligence (AI) system that recognizes the voices of investigators and female crime victims and automatically makes statements. The National Police Agency is reportedly working on a system to “write statements with AI voice recognition” for related crimes against women. The [...]

Sinch AB (publ): Sinch Adds Conversational AI Capabilities Through Acquisition

Sinch AB (publ): Sinch Adds Conversational AI Capabilities Through Acquisition

Stockholm, Sweden, March 19 (Korea Bizwire) - Sinch AB (publ), a global leader in cloud communications for mobile customer engagement, has entered into a definitive agreement to acquire Chatlayer BV for an Enterprise Value of EUR 6.9 million. Founded in Antwerp in early 2018, ChatLayer.ai is a cloud-based software platform that lets businesses create multi-lingual chatbots [...]