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Oil Refiners Make Inroads as AI Boom Spurs Growth in Immersion Cooling Market

Oil Refiners Make Inroads as AI Boom Spurs Growth in Immersion Cooling Market

SEOUL, Jun. 4 (Korea Bizwire) – As the era of artificial intelligence (AI) intensifies the demand on data centers, the immersion cooling market for cooling overheated electronic devices is gaining attention. Immersion cooling fluids are non-conductive lubricants traditionally used by oil refiners, who are now rushing into this emerging business en masse.  According to industry analysts, [...]

‘Wonderland’ Ponders Mortality through Intriguing AI Lens

‘Wonderland’ Ponders Mortality through Intriguing AI Lens

SEOUL, June 3 (Korea Bizwire) — When the Hollywood sci-fi film “Her” was released over a decade ago, its story about a man forming an unlikely relationship with his artificial intelligence assistant seemed so futuristic that few moviegoers took it seriously. As AI technologies advance at an alarming speed, however, audiences might leave theaters wondering [...]

Seoul Unveils New Hub to Nurture A.I. Startups and Research

Seoul Unveils New Hub to Nurture A.I. Startups and Research

SEOUL, May 30 (Korea Bizwire) – South Korea’s capital has opened a major anchor facility meant to serve as a control tower and nexus for its artificial intelligence industry, Seoul Metropolitan Government officials announced on May 29. The newly unveiled facility is located in the Umyeon-dong neighborhood of Seoul’s Seocho district. It will act as a [...]

SK Telecom Launches AI Veterinary Assistance Service in Australia, Indonesia

SK Telecom Launches AI Veterinary Assistance Service in Australia, Indonesia

SEOUL, May 29 (Korea Bizwire) — South Korea’s major mobile carrier SK Telecom Co. said Wednesday it has officially launched its artificial intelligence (AI)-based veterinary care assistance service X Caliber in Australia and Indonesia. It marks the first official launch of X Caliber outside of South Korea, SK Telecom said, adding the company will work [...]

S. Korean Science Ministry to Open Joint AI Research Lab with NYU

S. Korean Science Ministry to Open Joint AI Research Lab with NYU

SEOUL, May 28 (Korea Bizwire) — South Korea’s science ministry said Tuesday it will create a joint artificial intelligence (AI) research lab with New York University (NYU). The Global AI Frontier Lab will be co-led by two distinguished computer scientists — Cho Kyung-hyun and Yann LeCun — who are both professors at NYU, according to [...]

South Korean Scientists Develop AI Tool to Analyze Animal Behavior

South Korean Scientists Develop AI Tool to Analyze Animal Behavior

DAEJEON, May 22 (Korea Bizwire) – In a breakthrough for animal behavior analysis, researchers from the Institute for Basic Science (IBS) in South Korea have developed an artificial intelligence (AI)-powered tool called SUBTLE that can study and categorize the intricate movements of animals. The ability to analyze animal behavior is crucial for various research fields, including [...]

Samsung Electronics Chairman Vows to Join Global Efforts on Safe AI

Samsung Electronics Chairman Vows to Join Global Efforts on Safe AI

SEOUL, May 22 (Korea Bizwire) — Samsung Electronics Co. Chairman Lee Jae-yong has expressed his commitment to joining the international community’s efforts for safe, innovative and inclusive artificial intelligence (AI) technology at a global summit, the company said Wednesday. “Beyond impacting industrial innovation and economic growth, AI is fundamentally changing the way we live, work [...]

FM Cho Calls for ‘Coherent’ AI Governance to Ensure Responsible, Inclusive Use

FM Cho Calls for ‘Coherent’ AI Governance to Ensure Responsible, Inclusive Use

SEOUL, May 22 (Korea Bizwire) — Foreign Minister Cho Tae-yul called Wednesday for concerted efforts for a “coherent” international governance framework to ensure the responsible and inclusive use of artificial intelligence (AI) amid complex ethical and economic challenges. Cho made the call during a forum held in the follow-up to Tuesday’s AI Summit, pointing out [...]

14 Global Tech Giants Adopt Business Pledge on ‘Responsible’ Development of AI

14 Global Tech Giants Adopt Business Pledge on ‘Responsible’ Development of AI

SEOUL, May 22 (Korea Bizwire) — A group of South Korean and global tech companies adopted a joint pledge on Wednesday, vowing to responsibly develop and use artificial intelligence (AI) and to address social challenges with the technology. The Seoul AI Business Pledge was announced by 14 companies, including Korea’s Samsung Electronics Co., Naver Corp., [...]