Kakao Recommended as a Strong Buy Amidst Rapid Growth Projections

Kakao Recommended as a Strong Buy Amidst Rapid Growth Projections

Hana Securities has positioned Kakao as a promising investment opportunity with a ‘buy’ rating, reiterating confidence in its resilience against the impact of low-cost Chinese e-commerce entities and the proliferation of generative artificial intelligence (AI). The securities firm projects a significant growth in Kakao’s core business activities, particularly emphasizing the steep rise in Talk Channel message advertising centered around small and medium enterprises.… Read the rest

Naver Introduces AI-Powered Personalized Shopping Recommendations

Naver Introduces AI-Powered Personalized Shopping Recommendations

South Korean internet giant Naver is revolutionizing the online shopping experience from April 17, by leveraging artificial intelligence to showcase personalized product recommendations on e-commerce detailed pages. This new feature, known as ‘AiTEMS’, will be implemented officially across both mobile and PC platforms in Naver’s brand stores and Smart Stores, curating a tailor-made shopping journey for every user.… Read the rest

European Union Enacts Groundbreaking AI Legislation

European Union Enacts Groundbreaking AI Legislation

The European Union (EU) has embarked on an ambitious path to regulate the wilds of technology with the recent adoption of a comprehensive Artificial Intelligence (AI) law. This piece of legislation follows on the footsteps of the General Data Protection Regulation (GDPR), a pioneering effort that took effect in May 2018 to protect personal data of individuals.… Read the rest

CEOs Embrace AI Tools in Secret Despite Job Security Concerns

CEOs Embrace AI Tools in Secret Despite Job Security Concerns

Executives across industries are caught in the grip of a digital transformation, as artificial intelligence (AI) begins to insert itself into the very fabric of modern business practices. In a twist that highlights the complexities of technological advance, approximately 45% of CEOs have reportedly turned to AI tools like ChatGPT to aid in their tasks—yet, they present the outcomes as their individual efforts.… Read the rest

Alibaba Cloud Introduces Major Price Reductions to Foster Global AI Development

Alibaba Cloud Introduces Major Price Reductions to Foster Global AI Development

In a strategic move to stimulate the adoption of AI technologies beyond its home country, Alibaba Cloud has announced a significant price reduction across its main public cloud products, with cuts averaging 23% and peaking at 59%. Unveiled at the Alibaba Cloud Spring Launch, this initiative serves as a testament to the company’s confidence in its pricing strategy and its commitment to supporting the long-term AI development of its clientele.… Read the rest

The AI Healthcare Revolution: Bridging Gaps and Saving Lives

The AI Healthcare Revolution: Bridging Gaps and Saving Lives

The union of artificial intelligence (AI) with healthcare is not a fleeting affair but the foundation of a medical revolution with sweeping implications for everyone. Audacious as it might sound, tech initiatives like the Chan Zuckerberg Initiative, formed by Priscilla Chan and Mark Zuckerberg in 2015, are driving forward with the mission to combat and control every disease known to humanity.… Read the rest

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