SEOUL, Oct. 6 (Korea Bizwire) – Samsung Electronics Co. said Thursday it has agreed to acquire a U.S. artificial intelligence software developer, Viv Labs, joining a race to develop a digital assistant for smartphones and home appliances. The Silicon Valley company was set up by the entrepreneurs who sold the Siri digital assistant to Apple [...]
SEOUL, Sept. 21 (Korea Bizwire) – Korea’s leading mobile carrier SK Telecom announced Wednesday the launch of Nuguna Corporation, a virtual company that will serve as a platform to gather various customer ideas for its latest AI service, “NUGU”. NUGU, announced on August 31, is based on voice recognition technology that allows users to control [...]
SEOUL, Sept. 7 (Korea Bizwire) – The idea of robots replacing human jobs has long been a popular subject for debate and science fiction films. But amid recent advancements in AI technology, and concerns that some of these ideas may become reality, a recent report by the Software Policy & Research Institute (SPRi) submitted an [...]
Seoul, Korea, Aug. 31 (Korea Bizwire) – SK Telecom (NYSE: SKM) today held a press conference at its Seoul headquarters to introduce NUGU*, an artificial intelligence (A.I.) service based on voice recognition technology. The company has also shared plans to further develop its A.I. platform and services in cooperation with third party developers and customers. *The [...]
SEOUL, Aug. 29 (Korea Bizwire) – South Korea will soon begin the process of introducing a full-fledged computer-advised asset management system, the nation’s financial regulator said Sunday. Some brokerage firms here have operated robo-advisors on a limited basis with brokers involved. The Financial Services Commission (FSC) said it plans to first confirm whether the industry [...]
SEOUL, Aug. 24 (Korea Bizwire) – South Korea will set up a new stock market monitoring system using artificial intelligence (AI) by 2018, the nation’s bourse operator announced Wednesday. The move is intended to counter unfair stock trading taking advantage of information technology (IT), social micro-blogging sites and robo-advisors, according to the Korea Exchange. “Market [...]
SEOUL, Aug. 17 (Korea Bizwire) – The final stages of the 2016 K-Startup Grand Challenge took place Wednesday at the Pangyo Startup Campus in Seongnam, with international experts and businessmen and women from various fields ranging from artificial intelligence and virtual reality technology to UAVs and videogames in attendance. A total of 2,439 teams from [...]
SEOUL, Aug. 10 (Korea Bizwire) – South Korea said on Tuesday it will push to nurture artificial intelligence (AI), unmanned vehicle technologies and seven other key IT fields as new growth engines. The announcement was made at a science and technology strategy session presided over by President Park Geun-hye, the Ministry of Science, ICT and [...]
SUWON, Aug. 10 (Korea Bizwire) – Humans have given machines yet another opportunity to triumph over their creators, this time in music composition. Emily Howell, an AI program that creates its own musical compositions, is challenging the indisputable classical period genius Wolfgang Amadeus Mozart on Wednesday night at the Gyeonggi Arts Center. During the night’s [...]
SEOUL, July 12 (Korea Bizwire) – The latest predictions of the future of the Korean asset management market indicate that the use of robo-advisors, AI-based asset management services, will become more prevalent in coming years. The AI platforms will serve as investment advisors that recommend specific financial products and investment portfolio composition via analysis of [...]