The sales and marketing industry is experiencing a revolution with the introduction of SalesGPT, a ground-breaking artificial intelligence (AI) solution specifically crafted to enhance the capabilities of sales teams and individuals. Spearheaded by Jae Woo Sim, a business luminary renowned for his sales expertise, SalesGPT represents an innovative merger of proven sales methodologies with cutting-edge AI technologies.… Read the rest
Emerging AI Firm Upstage Secures $72M for Global Expansion Plans
In a notable achievement for the artificial intelligence landscape, Upstage, a thriving AI startup from South Korea, successfully raised a substantial $72 million in a recent Series B funding round. This venture was backed by a consortium of investors, including SK Networks Co.,… Read the rest
Gwangju Makes a Quantum Leap in AI with Presence at World IT Show 2024
As the digital horizon expands, Gwangju Economic Free Zone Authority aims to catapult itself as the linchpin for artificial intelligence enterprises at the prestigious ‘World IT Show 2024’. From the 17th to the 19th of the month, Seoul’s hallmark convention center, COEX, will morph into a nucleus for the eleventh iteration of South Korea’s largest information and communication technology (ICT) expo.… Read the rest
Apple’s Next-Gen iOS 18 Poised to Enhance Privacy with On-Device AI Technology
In a move set to revolutionize the user experience, Apple is anticipated to integrate ground-breaking AI capabilities that run entirely on-device within the upcoming iOS 18. This advancement, highlighted by Bloomberg’s Mark Gurman, signifies a pivotal shift toward greater processing speeds and stronger privacy safeguards as the AI functions without relying on internet or cloud-based services.… Read the rest
Samsung Electronics Expands Investment in Advanced Semiconductor Packaging in Texas
In an ambitious move that promises to shake up the tech industry, Samsung Electronics has announced a significant expansion of its semiconductor plant investment in Taylor, Texas. The South Korean tech giant is gearing up for a substantial inflow of funds, surpassing the initially planned $17 billion, now aiming for an impressive $40 billion.… Read the rest
Microchip Enhances Energy Efficiency in Edge Systems with Acquisition of Neuronix AI Labs
Microchip Technology Inc., a global leader in technology solutions, has announced its strategic acquisition of Neuronix AI Labs, founded by Israeli entrepreneur Yaron Raz. This bold move signifies Microchip’s commitment to expanding its offerings in power-efficient, artificial intelligence-based edge solutions for programmable gate arrays (FPGAs).… Read the rest
Adobe Unveils Innovative Acrobat AI Assistant for Enhanced Document Interaction
Adobe has stepped up the game in digital document handling by introducing Acrobat AI, an artificial intelligence assistant designed to enhance user experience with PDFs and other documents within the Acrobat software. The tech giant has set a competitive price for the AI-powered feature, launching with an introductory subscription fee of just $5 per month.… Read the rest
South Korea Seeks Optimal Regulation for Thriving AI Industry
The South Korean Ministry of Science and ICT is actively seeking feedback from the AI industry to shape legislation that will drive innovation. During a recent meeting in Seoul, industry leaders advocated for minimal regulation to foster a regulatory environment conducive to growth in the AI sector.… Read the rest
LG CNS Unveils Enhanced GenAI Platform With Multi-Model AI Capabilities
LG CNS has upgraded its enterprise AI platform, infusing it with sophisticated multi-model capabilities to cater to diverse business needs. The platform, known as DAP GenAI, now features a suite of solutions including Knowledge Lake, GenAI Image, and GenAI Talk, each honed to enhance document analysis, image creation, and customer interactions respectively.… Read the rest
South Korea Strategizes on AI Legislation in Response to EU’s New AI Act
The recent advancement of the European Union’s Artificial Intelligence Act through its legislative body has prompted a similar legislative push within South Korea. Recognizing the need for a tailored AI legal framework, the Korean government has commenced preparatory work for codification by gathering a panel of experts from academia, industry, and research sectors.… Read the rest