SAN JOSE, Calif., May 7 (Korea Bizwire) — NetSpeed Systems and Esperanto Technologies today announced that Esperanto has licensed NetSpeed’s IP and intelligent design environment for its Supercomputer-on-a-Chip for Artificial Intelligence (AI) applications. Esperanto’s 7nm chip will integrate thousands of RISC-V compatible processors each with vector/tensor accelerators and all connected with NetSpeed’s NoC IP. AI [...]
SEOUL, May 4 (Korea Bizwire) — The Korea Exchange announced Thursday that it has initiated a new market surveillance system based on artificial intelligence. The main bourse operator said the construction of the new system, EXIGHT, was complete and a kickoff celebration was held the same day. EXIGHT is a portmanteau of the words “exchange” [...]
SEOUL, May 2 (Korea Bizwire) — LG Electronics Inc. said Wednesday that it has invested 1 billion won (US$934,000) in the South Korean startup Acryl, which specializes in the development of artificial intelligence technologies. Under the deal, LG acquired a 10 percent stake, or 336,000 shares in the venture firm. Established in 2011, Acryl focuses [...]
SEOUL, Apr. 13 (Korea Bizwire) — South Korea’s top portal operator Naver Corp. said Friday it has opened a research center specializing in artificial intelligence (AI) technology with Hong Kong University of Science and Technology (HKUST). The South Korean company said the research center, dubbed NAVER/LINE-HKUST AI Laboratory, will operate in Hong Kong and carry [...]
SEOUL, Mar. 25 (Korea Bizwire) — South Korean web portal Naver has said it will focus on improving its video content amid growing competition with Google’s popular video service YouTube. “Plans are underway to bolster video content for Junior Naver, such as kids’ videos, musical videos and how-to videos. We plan to invest more in videos [...]
NEW YORK, Mar. 22 (Korea Bizwire) — Amper Music, the world’s first artificial intelligence (AI) music composer, performer, and producer that lets you instantly create and customize original music without needing any prior music experience, today announced it has raised an additional $4 million seed round. The financing was led by Horizons Ventures with Two [...]
SEOUL, Mar. 19 (Korea Bizwire) — South Korean retail giant Lotte said Monday it will use artificial intelligence (AI) platform to review cover letters to find best candidates for its job positions as part of its efforts to boost accuracy and fairness in the hiring process. The system will be partly adopted for the recruitment [...]
LONDON, Mar. 13 (Korea Bizwire) — Almost a third (32%) of consumers surveyed globally by PwC plan to buy an AI device including robots or automated assistants, with retailers watching closely as ‘voice commerce’ develops in the home. The findings are published today in PwC’s Global Consumer Insights survey, which assesses the shopping behaviour, habits [...]
SANTA CLARA, Calif., Mar. 7 (Korea Bizwire) — MIPS, provider of the widely used MIPS processor architecture and IP cores, today announced that its 64-bit hardware Multi-Threaded processor core is being widely embraced by leading technology companies as they develop Artificial Intelligence (AI) solutions. Most recently, Wave Computing® adopted the MIPS core for use in [...]
SAN JOSE, Calif., Feb. 14 (Korea Bizwire) — MIPS, the provider of the widely used MIPS processor architecture and IP cores, and NetSpeed Systems, Inc. announced today a strategic partnership to deliver interoperable solutions that enable leading-edge performance in SoCs for Artificial Intelligence (AI) and Machine Learning (ML) applications. The companies will provide deeper integration of [...]