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Korea’s antitrust regulator has approved IT giant Kakao’s acquisition of a 39.87 percent stake in SM Entertainment, the K-pop agency behind EXO, aespa and NCT, contingent upon the implementation of corrective measures. The Fair Trade Commission said Thursday that it imposed two forms of correcti...
LG Uplus, one of the nation's top telecom carriers, said Wednesday it plans to build a large-scale data center in response to the growing demand for such facilities, largely driven by the widespread adoption of artificial intelligence and cloud servers across industries. To build the new data cent...
Naver, Intel and the Korea Advanced Institute of Science and Technology will set up a joint lab in Korea to lead the new global ecosystem for artificial intelligence semiconductors, KAIST announced Tuesday. The joint lab called NIK AI Research Center will be established on the KAIST campus in Daej...
After the domestic launch following its development in early June, the company looks to develop multiple LLMs and launch them in other languages globally by taking advantage of the Global Telco AI Alliance. The GTAA was launched by SK Telecom in Seoul in July last year to develop a telco-specific ...
South Korean telecom carrier KT Corp. said Monday it is expanding its advanced artificial intelligence technology to the group’s entire media business, from content investment and production to marketing and control, to accelerate innovation. "The media business is one of KT's three core business...
Kakao Games has decided to scrap using English names among its employees, becoming the first Kakao affiliate to backtrack on the IT front-runner’s attempt to make a more bottom-up working environment with open communication. Kakao Games CEO Han Sang-woo, whose English name is Michael, announced t...
South Korea's leading telecom carrier, KT Corp., announced Sunday that the company will introduce new 5G mobile plans for foreign national residents starting Monday. “KT decided to introduce new mobile plans as there are not enough plans specifically for foreigners despite the increasing number o...
Kakao Mobility, the operator of South Korea's leading taxi-hailing service Kakao T, said Thursday it will introduce a new membership category with cheaper commissions for its taxi drivers. Starting from June, the new plan will require 2.8 percent commission from its drivers, compared with the curr...
South Korea’s military is considering a comprehensive ban on iPhones in military buildings due to increasing concerns about possible leaks of sensitive information through voice recordings, according to multiple military sources on Tuesday. The sources, a group of ranking officers who wished to s...
On Dosi, however, digital products are grouped into specific categories that are most in-demand by users, including limited-edition memberships, special discounts, game items, exclusive content and access to private events related to the arts, sports and entertainment. Users can make mobile paymen...
LG Uplus CEO Hwang Hyeon-sik traveled to Silicon Valley and hosted a special event to lure young talents in the field of artificial intelligence, the telecom carrier said Monday. Hwang hosted the “2024 LG Uplus AI Visionaries Summit" at the Four Seasons Hotel Silicon Valley in San Francisco on Sa...
By Jo He-rim ( herim@heraldcorp.com ) The Korea Herald
Kakao said Friday it has joined a global consortium that promotes open-source artificial intelligence (AI) research and development, becoming the first South Korean corporate member of the initiative. Kakao said it is the first South Korean firm to join the AI Alliance led by global tech giants IB...
Kakao Healthcare, the digital health care unit under platform giant Kakao, announced Thursday that the company would boost its collaboration with Google to improve its cloud-based data platform. The announcement came after Kakao Healthcare CEO Hwang Hee shared the company's recent progress with He...
"I can't wait to see what Naver and Intel can create for a new AI chip environment, and the innovations this will bring." Ha Jung-woo, head of AI Innovation at Naver Cloud, appeared on the stage to explain how Naver and Intel established a joint lab to expand the Gaudi software ecosystem. With In...
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