BELab selected to operate Personal Information Protection Commission's MyData Support Platform for 2026, managing cloud infrastructure and technical support in Naver Cloud environment with one-year contract focusing on stable platform operations and citizen data rights protection
#YonhapInfomax #BELab #MyDataPlatform #PersonalInformationProtectionCommission #NaverCloud #CloudInfrastructure #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=111164
South Korea's Ministry of Science and ICT eliminated Naver Cloud and NC AI from its Independent AI Foundation Model project, advancing LG AI Research, SK Telecom, and Upstage to the next round as the government seeks to foster domestic AI capabilities and reduce reliance on global models.
#YonhapInfomax #IndependentAIFoundationModel #LGaiResearch #SKTelecom #NaverCloud #Upstage #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=100083
Naver Cloud, NC AI Fail to Advance in Independent AI Foundation Model Selection

South Korea's Ministry of Science and ICT eliminated Naver Cloud and NC AI from its Independent AI Foundation Model project, advancing LG AI Research, SK Telecom, and Upstage to the next round as the government seeks to foster domestic AI capabilities and reduce reliance on global models.

Yonhap Infomax
South Korea unveils interim results of its proprietary AI foundation model project, with SK Telecom, LG, Naver, NC AI, and Upstage showcasing advanced large language models aimed at global competitiveness and industry-wide AI adoption.
#YonhapInfomax
#AIFoundationModel #SKTelecom #NaverCloud #LGAIResearch #LargeLanguageModel
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97742
First Unveiling of Proprietary AI Foundation Models—SK, LG, Naver Among Five Teams Showcase Progress (Comprehensive)

South Korea unveils interim results of its proprietary AI foundation model project, with SK Telecom, LG, Naver, NC AI, and Upstage showcasing advanced large language models aimed at global competitiveness and industry-wide AI adoption.

Yonhap Infomax
South Korea's government unveiled the first results of its Independent AI Foundation Model project, highlighting achievements from five elite teams and reaffirming its ambition to become a global AI powerhouse through public-private collaboration and technological innovation.
#YonhapInfomax #AIFoundationModel #SouthKorea #NaverCloud #SKTelecom #AXTransformation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97716
South Korea unveils initial results from its independent AI foundation model project, with five leading firms presenting next-generation technologies as the government targets global competitiveness in artificial intelligence.
#YonhapInfomax
#AIFoundationModel #NaverCloud #SKTelecom #ArtificialIntelligence #GovernmentProject
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97604
The South Korean government will begin distributing 13,000 advanced GPUs from February 2025, prioritizing national AI innovation, with free access for academia and minimal costs for startups, as part of a broader plan to secure 260,000 GPUs by 2028.
#YonhapInfomax #GPU #MinistryOfScienceAndICT #AIInfrastructure #NaverCloud #StartupSupport #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=96073
ScionicAI, a South Korean enterprise AI startup, raised 25 billion won ($19 million) in Series A funding led by Atinum Investment and LB Investment, with Naver Cloud joining as a strategic investor, highlighting the company’s rapid growth and global ambitions in the enterprise AI market.
#YonhapInfomax #ScionicAI #SeriesAFunding #NaverCloud #EnterpriseAI #STORMPlatform #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93212
AI Startup ScionicAI Secures 25 Billion Won Series A Funding—Naver Cloud Participates

ScionicAI, a South Korean enterprise AI startup, raised 25 billion won ($19 million) in Series A funding led by Atinum Investment and LB Investment, with Naver Cloud joining as a strategic investor, highlighting the company’s rapid growth and global ambitions in the enterprise AI market.

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Naver Cloud CEO Kim Yoo-won warns of an AI bubble, emphasizing the need for lightweight cloud solutions and aggressive GPU investment to drive sustainable AI value.
#YonhapInfomax
#NaverCloud #AIBubble #NVIDIA #GPUInvestment #LightweightCloud
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=89605
Naver Cloud CEO Kim Yoo-won Warns of AI Bubble—Stresses Need for Lightweight Cloud Versions

Naver Cloud CEO Kim Yoo-won warns of an AI bubble, emphasizing the need for lightweight cloud solutions and aggressive GPU investment to drive sustainable AI value.

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SK hynix and Naver Cloud have signed an MOU to jointly develop and validate AI-optimized memory solutions, aiming to enhance performance and competitiveness in the rapidly growing generative AI market.
#YonhapInfomax #SKHynix #NaverCloud #AIMemory #GenerativeAI #CXL #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=80969
SK hynix Strengthens Customer Focus with Naver Cloud Development Partnership

SK hynix and Naver Cloud have signed an MOU to jointly develop and validate AI-optimized memory solutions, aiming to enhance performance and competitiveness in the rapidly growing generative AI market.

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South Korea’s Science and ICT Minister Baek Kyung-hoon announced an ambitious plan to secure 200,000 GPUs for AI development by 2030, with five elite teams including Naver Cloud and SK Telecom receiving 200 billion won ($150 million) in government support to build world-class AI foundation models.
#YonhapInfomax #GPU #ArtificialIntelligence #NaverCloud #SKTelecom #GovernmentSupport #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=80904
Baek Kyung-hoon Says South Korea Aims to Secure 200,000 GPUs by 2030 (Comprehensive)

South Korea’s Science and ICT Minister Baek Kyung-hoon announced an ambitious plan to secure 200,000 GPUs for AI development by 2030, with five elite teams including Naver Cloud and SK Telecom receiving 200 billion won ($150 million) in government support to build world-class AI foundation models.

Yonhap Infomax