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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 [...]

Researchers Develops AI Program for Diagnosing ADHD

SEOUL, Sept. 11 (Korea Bizwire) — South Korean researchers have developed a program to determine whether a child is suffering from Attention Deficit Hyperactivity Disorder (ADHD) using artificial intelligence (AI). A joint research team from Seoul National University, the Korea Advanced Institute of Science and Technology, and the Catholic University of Korea announced on Tuesday [...]

LG to Launch AI-equipped Washers in 30 Nations This Year

SEOUL, Sept. 2 (Korea Bizwire) — LG Electronics Inc. said Monday it will launch front-loading washers equipped with artificial intelligence (AI) in 30 nations within this year to target the premium segment. The smart home appliance, which has been launched in eight European nations, will come into other markets, including the Netherlands, Switzerland and Finland, [...]

Artificial Intelligence to Compete with Legal Experts on Legal Review

SEOUL, Aug. 8 (Korea Bizwire) — Legal specialists will compete with Legal artificial intelligence (AI) in conducting legal reviews of various contracts, raising the possibility of AI technology replacing humans in the field of legal affairs. The Korea Association for Artificial Intelligence and Law (KAAIL) and the Judicial Policy Research Institute will host a conference [...]