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
LG Uplus Engages with Global AI Experts to Pioneer Digital Transformation
LG Uplus President Hwang Hyeon-sik hosted an exclusive gathering at the Four Seasons Hotel in Silicon Valley, where he shared the company’s future vision with elite AI scholars from top American universities. Hwang’s mission was to recruit these experts to bolster the company’s AI capabilities.… Read the rest
Innovative AI Risk Prediction Model to Revolutionize Insurance Safety Measures
In a noteworthy technological collaboration in the insurance industry, KB Insurance has announced a partnership with the Fire Insurance Association to pioneer an AI-based risk prediction model. The initiative marks a significant stride in the transformation of how insurance risks are projected and managed.… Read the rest
New Strategic Partnership Hopes to Amplify AI Solutions Across Industries
In a significant technological advancement, Lotte Innovate (formerly Lotte Information & Communication) and Kolon Benit announced their newly forged alliance, designed to energize their artificial intelligence (AI) business endeavors. This collaboration is expected to leverage Lotte Innovate’s sophisticated AI solutions with Kolon Benit’s comprehensive IT distribution network and expertise.… Read the rest
Amazon Amplifies its AI Ambitions with Strategic Investment in Anthropic
Amazon has solidified its commitment to leading the artificial intelligence (AI) revolution by pouring an impressive $4 billion into AI startup Anthropic. This strategic investment not only spotlights the tech giant’s interest in expanding its influence in AI technology but also bolsters its competitive edge in an industry where innovation is paramount.… Read the rest
Lotte Innovate Partners with Kolon Benit to Expand AI Business
Lotte Innovate, previously known as Lotte Information & Communication, has joined forces with Kolon Benit through a memorandum of understanding (MOU) aimed at stimulating the growth of their artificial intelligence (AI) ventures. This collaboration, announced on the 15th, seeks to meld Lotte Innovate’s prowess in AI solutions with Kolon Benit’s extensive IT distribution network and technical expertise to broaden the applicability of AI both internally and externally.… Read the rest
The Transformative Impact of AI on Businesses
As the digital age progresses, artificial intelligence (AI) emerges as a pivotal technology reshaping industries at an increasingly rapid pace. A study by Dell has highlighted that an overwhelming majority of IT decision-makers are looking toward generative AI to unlock the potential within enterprises, noting its capacity to enhance productivity, streamline processes, and reduce costs.… Read the rest
South Korea Spearheads AI and Cloud Technology with New National R&D Project
South Korea solidifies its commitment to innovation by enlisting Polaris Office as a key player in a new state-led research and development project. The initiative, announced on the 15th, aims to break new ground in the software and computing industry, proceeding from this month up until December 2026.… Read the rest
GS25 Enhances Construction Safety with Innovative AI System
In a move to amplify construction site security within its convenience store chain, GS Retail has announced the integration of an Artificial Intelligence (AI) based safety management system at GS25 construction locations. This cutting-edge technology will auto-analyze potential dangers and notify managers of any critical situations.… Read the rest