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LG Electronics Opens ‘Another Hanok’ Showcase in Madrid for AI Appliances and Energy Solutions

SEOUL, Jun. 17 (Korea Bizwire) – LG Electronics has unveiled a premium experience space called “Another Hanok” in Madrid, Spain, designed to showcase its AI-powered appliances and energy-efficient heating, ventilation, and air conditioning (HVAC) solutions, the company announced on June 16. Another Hanok is a traditional Korean-style building outfitted with LG Electronics’ high-efficiency energy products, achieving [...]

Samsung Electronics to Provide Comprehensive AI Solution for Foundry Business

SEOUL, Jun. 13 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will provide comprehensive “one-stop” artificial intelligence solutions for its foundry customers, with a focus on up-to-date technologies for high-performance, low-power AI chips. “At a time when numerous technologies are evolving around AI, the key to its implementation lies in high-performance, low-power semiconductors,” Choi [...]

SK Telecom to Invest US$10 Mln in Perplexity for AI Search Cooperation

SEOUL, June 13 (Korea Bizwire) — SK Telecom Co., a leading South Korean mobile carrier, said Thursday it will invest US$10 million in U.S. artificial intelligence (AI) startup Perplexity to cooperate on AI search services. Perplexity also plans to invest in Global AI Platform Co., an AI service developing arm of SK Telecom in Silicon [...]

Oil Refiners Make Inroads as AI Boom Spurs Growth in Immersion Cooling Market

SEOUL, Jun. 4 (Korea Bizwire) – As the era of artificial intelligence (AI) intensifies the demand on data centers, the immersion cooling market for cooling overheated electronic devices is gaining attention. Immersion cooling fluids are non-conductive lubricants traditionally used by oil refiners, who are now rushing into this emerging business en masse. According to industry analysts, [...]

‘Wonderland’ Ponders Mortality through Intriguing AI Lens

SEOUL, June 3 (Korea Bizwire) — When the Hollywood sci-fi film “Her” was released over a decade ago, its story about a man forming an unlikely relationship with his artificial intelligence assistant seemed so futuristic that few moviegoers took it seriously. As AI technologies advance at an alarming speed, however, audiences might leave theaters wondering [...]

Seoul Unveils New Hub to Nurture A.I. Startups and Research

SEOUL, May 30 (Korea Bizwire) – South Korea’s capital has opened a major anchor facility meant to serve as a control tower and nexus for its artificial intelligence industry, Seoul Metropolitan Government officials announced on May 29. The newly unveiled facility is located in the Umyeon-dong neighborhood of Seoul’s Seocho district. It will act as a [...]

SK Telecom Launches AI Veterinary Assistance Service in Australia, Indonesia

SEOUL, May 29 (Korea Bizwire) — South Korea’s major mobile carrier SK Telecom Co. said Wednesday it has officially launched its artificial intelligence (AI)-based veterinary care assistance service X Caliber in Australia and Indonesia. It marks the first official launch of X Caliber outside of South Korea, SK Telecom said, adding the company will work [...]

S. Korean Science Ministry to Open Joint AI Research Lab with NYU

SEOUL, May 28 (Korea Bizwire) — South Korea’s science ministry said Tuesday it will create a joint artificial intelligence (AI) research lab with New York University (NYU). The Global AI Frontier Lab will be co-led by two distinguished computer scientists — Cho Kyung-hyun and Yann LeCun — who are both professors at NYU, according to [...]

South Korean Scientists Develop AI Tool to Analyze Animal Behavior

DAEJEON, May 22 (Korea Bizwire) – In a breakthrough for animal behavior analysis, researchers from the Institute for Basic Science (IBS) in South Korea have developed an artificial intelligence (AI)-powered tool called SUBTLE that can study and categorize the intricate movements of animals. The ability to analyze animal behavior is crucial for various research fields, including [...]