InnoGrid, a recognized enterprise in the digital transformation and cloud sectors, has announced its grand undertaking to spearhead the development of Platform as a Service (PaaS) technologies specifically tailored for AI model and service development. This initiative is part of a large-scale project funded by the Ministry of Science and ICT and the Institute for Information & communications Technology Planning & Evaluation (IITP), reflecting a significant investment of 5 billion won that will span until the year 2026.… Read the rest
SK Telecom’s Quest for AI Talent through Fellowship Program
South Korea’s leading mobile operator, SK Telecom, has announced the recruitment of participants for the 6th edition of its ‘SKT AI Fellowship’ program. This initiative is designed to identify and cultivate future talents in the field of Artificial Intelligence (AI). Begun in 2019, the fellowship provides university students studying AI with an opportunity to gain practical corporate experience, intending to shape them into AI experts.… Read the rest
The Dawn of Generative AI: Corporate Race to Adopt Innovative AI Services
Businesses are swiftly embarking on a journey to integrate generative AI technologies into their operations, as these tools hold the potential to revolutionize content creation. Among the leading generative AI services that have been making headlines are OpenAI’s AI chatbot ‘ChatGPT’ launched in November 2022, and Google’s broadly capable AI model, initially introduced as ‘Bard’ in March 2023 and later rebranded as ‘Gemini’.… Read the rest
Revolutionizing Sports with AI: The Onset of Enhanced Athletic Training and Rehabilitation
Digital healthcare is evolving through the remarkable synergy of artificial intelligence (AI) and big data, significantly impacting the sports sector. A forward-thinking company, LONPIC, is now at the forefront of this transformative wave, having been recently appointed to the advisory board of the newly inaugurated Sports AI & Big Data Society.… Read the rest
Strategic Alliance Forges New AI Solutions for Various Industries
The tech ecosystem is witnessing another strategic collaboration. Recently, Lotte Innovate (formerly Lotte Information & Communication) joined forces with Kolon Benit to propel the advancement of artificial intelligence (AI) in business applications. The partnership, formalized through a memorandum of understanding (MOU), aims to amalgamate Lotte Innovate’s proficiency in AI solutions with Kolon Benit’s established IT distribution network and technical know-how.… Read the rest
LG Energy Solution Employs AI to Streamline Market Analysis and Employee Operations
In a move to harness cutting-edge technology, LG Energy Solution is actively utilizing generative artificial intelligence (AI) to revolutionize market trend analysis and enhance operational efficiency. This AI, developed in-house and named ‘GenAI’s’, swiftly processes extensive amounts of YouTube content to distill important trends and statistics relevant to the electric vehicle (EV) market.… Read the rest
Korean Fintech Center Boosts AI Skills in Finance Industry
The Korean Fintech Support Center has announced a comprehensive training program to solidify AI capabilities within the financial sector. The objective is to cultivate a new wave of specialists who will pioneer the digital transformation in finance, with enrollment for courses opening incrementally from April to November.… Read the rest
SK Telecom Cultivates AI Talent with the SKT AI Fellowship Program
SK Telecom has announced the opening of applications for the sixth installment of its AI cultivation initiative, known as the SKT AI Fellowship. Commencing in 2019, the program is dedicated to uncovering and nurturing future talents in the sphere of artificial intelligence.… Read the rest
Transformation in Marketing: AI-Driven Productivity Predicted to Surge by 40%
The intersection of artificial intelligence and enterprise productivity has entered a new, exciting phase. According to a forecast published by the International Data Corporation (IDC) on April 1, 2024, the adoption of generative AI within the sphere of corporate marketing is poised to yield a productivity boost of over 40% by 2029.… Read the rest
Innogrid Spearheads Cloud Industry with Innovative AI-Optimized PaaS Technology Development
Innogrid has been identified as the leading entity for orchestrating the development of a new cloud platform service optimized for artificial intelligence (AI), in a project fostered by the Ministry of Science and ICT and the Institute for Information & Communications Technology Planning & Evaluation (IITP).… Read the rest