SEOUL, June 5 (Korea Bizwire) — South Korea’s server market expanded by a staggering 72.7% in 2024 from the previous year, fueled by a sharp rise in demand for GPU-powered systems amid the rapid adoption of generative artificial intelligence, according to a report released Wednesday by IT research and consulting firm IDC Korea. The market [...]
SEOUL, May 13 (Korea Bizwire) — South Korean Minister of Science and ICT Yoo Sang-im will visit the United States later this week to discuss ways to expand cooperation with Nvidia Corp. in securing advanced graphic processing units (GPUs), the ministry said Tuesday. The announcement came during a meeting of the government-led special committee on [...]
SEOUL, Feb. 20 (Korea Bizwire) — South Korea will acquire 18,000 high-performance graphics processing units (GPUs) by the first half of next year to enhance the country’s artificial intelligence (AI) computing capabilities, the science ministry said Thursday. The government initially plans to secure 10,000 GPUs within this year for the launch of a new national [...]
SEOUL, May 10 (Korea Bizwire) — South Korea’s IT developer Samsung SDS Co. said Thursday it has bought stakes in U.S.-based graphics processing unit (GPU) virtualization solution provider Bitfusion Inc. Samsung SDS did not provide details of the deal, including the size of the shares acquired and price, citing business issues. The South Korean company [...]
SEOUL, Aug. 21 (Korea Bizwire) – News broke on August 20 that an R&D center devoted to artificial intelligence (AI) research will open its doors this coming October in Seoul’s Seocho District. The facility will be housed on four floors at the Korean Federation of Teachers’ Associations building located in the Umyeon neighborhood. Major players [...]
SINGAPORE, Jul. 27 (Korea Bizwire) - Kinetica, provider of the fastest GPU accelerated analytics database, today affirmed its focus on broadening the adoption of GPU technology across the Asia Pacific Japan region, as it enters its next phase of growth. Organisations that will benefit from using Kinetica’s architecture are enterprises that handle large volumes of data, including [...]