Naver Corp unveils South Korea’s answer to ChatGPT and generative AI

South Korean tech firm Naver Corp has unveiled its reply to OpenAI’s ChatGPT — named CLOVA X — its latest generative AI chatbot which is aimed toward Korean-language customers. 

On Aug. 24, South Korean information outlet Yonhap reported that Naver launched its upgraded hyperscale synthetic intelligence mannequin HyperCLOVA X.

HyperCLOVA X is the agency’s flagship AI mannequin constructed utilizing supercomputing and knowledge evaluation capabilities and powers Naver’s varied AI companies together with the brand new CLOVA X chatbot.

The brand new Korean language chatbot is much like ChatGPT however leverages Naver’s experience in Korean language and tradition. Identical to its English-language counterparts from Google, OpenAI, Microsoft and Anthropic, it might probably have conversations, summarize textual content, and generate tales.

Along with the Korean chatbot, Naver additionally introduced CUE, a generative AI search service that can also be powered by HyperCLOVA X.

In a Seoul press convention on Aug. 24, Naver CEO Choi Soo-yeon mentioned the agency has utilized its applied sciences and experiences from varied sectors together with internet search and on-line procuring to assist the technological competitiveness of our generative AI mannequin HyperCLOVA X.

“Naver is able to face the brand new change opened by generative AI,” added Choi.

The agency said that CLOVA X beta testing will start on Aug. 24 and the CUE: search instrument might be launched in September.

Furthermore, Naver has invested closely in AI, spending $754 million over 5 years, and is opening a big new knowledge heart with 600,000 servers to hyperscale its AI efforts.

In keeping with Choi, the agency is trying to develop localized AI functions for nations with political sensitivities within the Center East. It additionally plans to focus on non-English talking nations and areas equivalent to Japan and Southeast Asia.

Associated: 7 game-changing uses of ChatGPT

The AI hype prepare is gathering momentum and firms equivalent to Naver and Nvidia are cashing in. On Aug. 24, Cointelegraph reported that Nvidia smashed Q2 income expectations with a whopping $13.5 billion in income for the interval.

“Firms worldwide are transitioning from general-purpose to accelerated computing and generative AI,” mentioned Nvidia founder and CEO Jensen Huang.

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