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Epiq Expands Company-wide Initiative to Accelerate the Deployment of Artificial Intelligence for Clients Globally

NEW YORK, Nov. 20 (Korea Bizwire) — Epiq, a global leader in the legal services industry, today announced the expansion of its artificial intelligence (AI) enabled eDiscovery and document review services through a combination of partnerships, proprietary technology, and increased service readiness globally. “AI provides our clients with a key to unlock the potential value, and decrease [...]

Element AI Aims for Further Partnership with S. Korean Firms

SEOUL, Nov. 19 (Korea Bizwire) — Element AI, a Canadian startup for artificial intelligence-powered software solutions, aims to join hands with more South Korean companies to help them adopt its cutting-edge technology, company executives said Tuesday. Based in Montreal, Element AI is an AI solutions provider co-founded in 2016 by AI authority and professor Yoshua [...]

Education Industry Joins Hands with IT

SEOUL, Nov. 18 (Korea Bizwire) – The so-called ‘edutech’ industry, relating to a form of education that makes use of information technology (IT), is expected to replace paper workbooks that once led the education industry. Edutech, a term that combines ‘education’ with ‘technology,’ is now going beyond online courses on computers, smartphones, and tablets to [...]

Philips Launches its First Clinical Product for Aiding Cognitive Assessment in the U.S.

Amsterdam, the Netherlands and Cambridge, U.S., Nov. 12 (Korea Bizwire) – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, announced today the U.S. debut of its new cognitive assessment platform IntelliSpace Cognition. Leveraging the power of artificial intelligence (AI) and Philips’ cloud-based HealthSuite Digital Platform, IntelliSpace Cognition provides healthcare professionals with a powerful [...]

New AI Voice Assistant Minimizes Driver Distractions

DAEJEON, Nov. 12 (Korea Bizwire) — A team of South Korean researchers has developed an in-car voice assistant based on artificial intelligence (AI) communication technology that avoids initiating conversation with the driver when it is determined that it would be a distraction. The Korea Advanced Institute of Science and Technology said Monday that a research [...]

Nasdaq Launches Artificial Intelligence for Surveillance Patterns on U.S. Stock Market

NEW YORK, Nov. 7 (Korea Bizwire) – Nasdaq, Inc. today announced the successful go-live of artificial intelligence for surveillance patterns on The Nasdaq Stock Market, the world’s largest stock exchange by volume traded. Developed as a collaboration between Nasdaq’s Market Technology business, its Machine Intelligence Lab and the company’s U.S. market surveillance unit, the initiative enhances Nasdaq’s [...]

Samsung’s AI Forum Kicks Off in Seoul

SEOUL, Nov. 4 (Korea Bizwire) — Samsung Electronics Co.’s forum on artificial intelligence (AI) kicked off in Seoul on Monday with world-renowned scholars and industry experts to discuss the current and future development of the new technology. About 1,700 professors, students and industry officials gathered for the third annual forum held by the South Korean [...]

KT to Invest 300 bln Won in AI by 2023

SEOUL, Oct. 30 (Korea Bizwire) — South Korean telecom giant KT Corp. said Wednesday it will invest 300 billion won (US$256.9 million) in the next four years to develop advanced artificial intelligence (AI) technologies in various areas. KT said it will develop AI tech in four areas — language, image, analysis and problem solving — [...]

57 pct of Large Firms Utilize AI in Real Work

SEOUL, Oct. 25 (Korea Bizwire) — According to a survey, 3 out of 5 South Korean large firms are applying artificial intelligence (AI) to their actual work. More than half of the companies even have related organizations. According to a recent survey conducted by CEO Score, 57.3 percent (75 companies) of the total of 131 [...]

Gov’t Develops AI Crop Irrigation System

SEOUL, Oct. 24 (Korea Bizwire) — The government has developed for the first time a smart irrigation system that identifies the bio-response of local crops and supplies water through artificial intelligence (AI). Created by the Rural Development Administration (RDA), the new smart irrigation system diagnoses the bio-response of crops according to weather changes with imaging [...]