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South Korean Credit Card Firm Exports AI Software to Japan, Marking Industry First

South Korean Credit Card Firm Exports AI Software to Japan, Marking Industry First

SEOUL, Oct. 18 (Korea Bizwire) – Hyundai Card, a major South Korean credit card company, has successfully exported its proprietary artificial intelligence software to Japan, marking the first such international sale by a South Korean financial institution.  The company announced on October 17 that it had signed a contract to sell its AI software, Universe, to [...]

KT to Open Joint Innovation Center for AI Research with Microsoft Next Year

KT to Open Joint Innovation Center for AI Research with Microsoft Next Year

SEOUL, Oct. 10 (Korea Bizwire) — KT Corp., a major South Korean mobile carrier, will jointly open an innovation center for research of artificial intelligence (AI) and cloud computing technologies with Microsoft Corp. next year, the Korean company said Thursday. The establishment of the Innovation Center comes as part of KT and Microsoft’s five-year partnership [...]

Korean Scientists Develop AI-Powered Material Design Tool with Improved Accuracy

Korean Scientists Develop AI-Powered Material Design Tool with Improved Accuracy

DAEJEON, Oct. 10 (Korea Bizwire) – Researchers at the Korea Advanced Institute of Science and Technology (KAIST) have developed a groundbreaking artificial intelligence-based material design technology that significantly improves prediction accuracy for material properties. The research team, led by Lee Eok-Kyun and Kim Hyungjun from KAIST’s Department of Chemistry, announced on October 9 that they have [...]

South Korean Tech Firms Rush to Monetize AI Services Amid Growing Competition

South Korean Tech Firms Rush to Monetize AI Services Amid Growing Competition

SEOUL, Oct. 7 (Korea Bizwire) – In a significant shift within South Korea’s tech landscape, companies from industry giants to small startups are increasingly launching paid artificial intelligence (AI) services, signaling a new phase in the commercialization of AI technology.  Naver Cloud, a subsidiary of South Korea’s leading IT company Naver, recently introduced Papago Plus, a premium [...]

South Koreans Lead in Tech Adoption, Yet Harbor Deep Anxieties About AI in the Workplace

South Koreans Lead in Tech Adoption, Yet Harbor Deep Anxieties About AI in the Workplace

SEOUL, Oct. 4 (Korea Bizwire) – In a striking paradox, South Korea, a global leader in digital infrastructure and artificial intelligence (AI) adoption, is grappling with widespread worker anxiety about the impact of AI on job security, according to a recent international study.  The report, released by researchers Cheong Se-jeong and Shin Young-kyu from the Korea [...]

Samsung Electronics Starts Mass Production of Industry-leading SSD for AI Computers

Samsung Electronics Starts Mass Production of Industry-leading SSD for AI Computers

SEOUL, Oct. 4 (Korea Bizwire) — Samsung Electronics Co. said Friday it has begun mass production of its latest industry-leading solid-state drive (SSD) product optimal for usage in powerful artificial intelligence personal computers. Samsung said the PM9E1 SSD, which boasts the industry’s highest performance and largest capacity, is built on its in-house 5-nanometer-based controller and [...]

South Korea Launches Ambitious Biodata Project to Usher in Era of Precision Medicine

South Korea Launches Ambitious Biodata Project to Usher in Era of Precision Medicine

SEOUL, Oct. 2 (Korea Bizwire) – In a bold move towards personalized healthcare, the South Korean government has embarked on a large-scale initiative to build a national biodata bank, aiming to usher in an era of precision medicine. The project, launched in April, seeks to collect and integrate genetic information, clinical data, and lifestyle habits from [...]

Telegram Pledges Zero Tolerance for Deepfake Pornography: Media Regulator

Telegram Pledges Zero Tolerance for Deepfake Pornography: Media Regulator

SEOUL, Sept. 30 (Korea Bizwire) — South Korea’s media regulator said Monday that Telegram has pledged to adopt a zero-tolerance policy and immediately remove deepfake pornography and other illegal content from its platform, in cooperation with local authorities. The Korea Communications Standards Commission (KCSC) said it had a face-to-face working-level meeting with Telegram on Friday, [...]

South Korea Develops AI to Boost Egg Farm Efficiency

South Korea Develops AI to Boost Egg Farm Efficiency

JEONJU, Sept. 26 (Korea Bizwire) – In a significant leap for smart farming technology, South Korean researchers have developed an artificial intelligence system capable of identifying non-laying hens in commercial egg operations, the Rural Development Administration (RDA) announced on September 25.  The innovative technology, a result of collaboration between the National Institute of Animal Science, Jeonbuk [...]