SEOUL, Jan. 15 (Korea Bizwire) — Naver’s surprise elimination from the first round of South Korea’s government-backed independent artificial intelligence foundation model project has sharpened attention on how the internet giant will chart its AI strategy outside the state-led initiative. According to the ICT industry on Thursday, Naver Cloud’s failure to advance in the initial evaluation [...]
SEOUL, Jan. 7 (Korea Bizwire) – South Korean tech giant Naver Corp. said Thursday it has built the country’s largest artificial intelligence (AI) computing cluster powered by Nvidia Corp.’s next-generation B200 Blackwell graphics processing units (GPUs). The B200 4K Cluster gives Naver computing power on a global scale and will support the development of its [...]
SEOUL, Nov. 27 (Korea Bizwire) — South Korean tech heavyweight Naver Corp. and Dunamu Inc., operator of the country’s largest cryptocurrency exchange Upbit, said Thursday they plan to invest 10 trillion won (US$6.8 billion) over the next five years to build an integrated ecosystem for artificial intelligence and Web3 technologies, aiming to position themselves as global [...]
SEOUL, Nov. 24 (Korea Bizwire) — South Koreans can now access detailed, government-verified statistics about specific diseases directly through Naver, the country’s dominant search engine, under a new public service launched Sunday. The National Health Insurance Service (NHIS) said it partnered with Naver to make health-care utilization data easily available to the public. When users search [...]
SEOUL, Nov. 18 (Korea Bizwire) – Naver Corp. said Tuesday it has showcased the company’s latest technologies, including artificial intelligence (AI), for construction and real estate industries at an exhibition in Saudi Arabia. The South Korean IT giant promoted digital twin, AI and cloud solutions customized for Saudi Arabia during the Cityscape Global 2025, which [...]
SEOUL, Oct. 7 (Korea Bizwire) — Naver has rolled out artificial intelligence–powered summaries to its location search service, extending the use of its AI briefing tool beyond news and finance into daily life navigation. According to the tech giant on Tuesday, the new “Place AI Briefing” provides concise overviews of businesses and venues, compiling key details [...]
SEOUL, Sept. 30 (Korea Bizwire) — Naver Corp.’s sudden move to acquire Dunamu, operator of the global cryptocurrency exchange Upbit, has sent shock waves through South Korea’s technology sector, raising questions about the search giant’s long-term strategy and corporate governance. The deal, announced six months after founder Lee Hae-jin’s return as chairman of Naver’s board, is [...]
SEOUL, Sept. 25 (Korea Bizwire) — Naver Corp. is expected to acquire Dunamu Inc., the operator of South Korea’s largest cryptocurrency exchange, Upbit, as a wholly owned subsidiary as part of its push to expand into the digital finance sector, industry sources said Thursday. Naver plans to carry out a comprehensive stock swap through its [...]
SEOUL, Sept. 17 (Korea Bizwire) — Naver Corp. said Wednesday it is launching the second round of its “Be Local” campaign, a joint effort with the Korea Tourism Organization to introduce foreign visitors to Korea’s trending restaurants, cafes and cultural spots. The initiative, first tested earlier this year through the Naver Maps app for users [...]
SEOUL, Sept. 11 (Korea Bizwire) — Samsung Electronics has emerged as South Korea’s dominant force in artificial intelligence, ranking far ahead of domestic rivals Naver and LG, according to a new industry analysis. Yet even the nation’s top firms remain far behind American and Chinese tech giants in global AI competitiveness. The study, released Tuesday [...]