The city of Hohen Neuendorf is pioneering in urban administration by integrating an Artificial Intelligence (AI) system to monitor the condition of its streets. Initially rolled out at the town hall, this innovative program represents a significant stride in municipal management.… Read the rest
Bridgewater Associates Leverages AI in Investment Strategies while Acknowledging Risks
The financial behemoth Bridgewater Associates has embraced artificial intelligence (AI) technology in its asset management efforts, signaling a significant shift in strategy for the world’s largest hedge fund. Bridgewater has incorporated a suite of AI tools into its investment process, which ranges from generative AI and large language models to machine learning and neural networks.… Read the rest
Embracing Progress: The Hankyoreh Celebrates A Decade of Trusted Journalism
In the heart of Seoul, nestled within the bustling Mapo District, a story of journalistic integrity continues to unfold. It has been over a decade since The Hankyoreh, a beacon of South Korean media, marked its momentous registration on July 19th, 2011.… Read the rest
Upstage Skyrockets as a Potential Unicorn with Remarkable Funding Achievement
In a notable testament to its potential in the AI landscape, Upstage has recently risen to the ranks of aspiring unicorn startups following a substantial Series B fundraising round. The company announced on the 16th an impressive investment of around KRW 100 billion, tripling the amount secured in its Series A funding back in 2021.… Read the rest
Autonomous Drone Technology Marks a New Era in Military Engagement
The military battlegrounds are evolving rapidly with technological advancements, and the Ukrainian Armed Forces showcase this shift. Featuring in a video recently shared by the forces, an impressive feat was captured where a drone successfully hit its target despite losing video communication with its operator.… Read the rest
OpenEdge Tech Launches Next-Gen AI Processor Capable of Quintupling Performance
OpenEdge Technology, a firm specializing in semiconductor design asset (IP) platforms, has made headlines with the release of ‘Inlight Pro,’ an advanced neural network processing unit (NPU) IP that promises a performance improvement of at least fourfold over previous models. This state-of-the-art product is specifically tailored for on-device artificial intelligence (AI) applications such as fully autonomous driving, cameras, and mobile devices.… Read the rest
Revolutionizing AI: Outdustry Paves the Way with Upcoming IPO
A wave of anticipation hits the tech scene as Outdustry, an AI powerhouse based in mainland China, announces its initial public offering (IPO). From April 16th to 19th, investors can seize the chance to be part of the AI revolution. Outdustry plans to issue approximately 84.57 million shares, making a 10% public offering in Hong Kong.… Read the rest
Galaxy S24 Series Takes the Lead with AI Features & Attractive US Promotions
Samsung Electronics has launched a bold promotional campaign in the United States, leveraging the power of artificial intelligence (AI) in its Galaxy smartphones to attract consumers. Recent statistics show that Samsung has surged ahead of Apple, reclaiming the top spot in global smartphone market share.… Read the rest
AI Driven Customer Engagement Solutions Making Waves at Seoul’s Premier Tech Event
A new wave of artificial intelligence (AI) tech is set to transform customer communication as featured at the upcoming ‘2024 World IT Show (WIS 2024)’ in Seoul. Sejong Networks, newly partioned from Sejong Telecom, is poised to reveal its innovative tech solutions that promise to shape the future of business communications.… Read the rest
Seoul to Host AWS Summit Seoul 2024, a Landmark Cloud Technology Conference
In a move underscoring the growing significance of cloud computing and AI, Amazon Web Services (AWS) has announced plans for its grandest foray yet into the tech conference scene in South Korea. The upcoming ‘AWS Summit Seoul 2024’, scheduled for a two-day run starting on the 16th of next month at Seoul’s COEX, is touted as a pivotal educational gathering, set against the backdrop of the event’s tenth anniversary.… Read the rest