City
Epaper

Naver to apply AI technology in search and other key services

By IANS | Updated: November 11, 2024 09:30 IST

Seoul, Nov 11 South Korean tech giant Naver said on Monday it will integrate its self-developed artificial intelligence ...

Open in App

Seoul, Nov 11 South Korean tech giant Naver said on Monday it will integrate its self-developed artificial intelligence (AI) technology into its major services, including its search platform and shopping application.

Naver unveiled its so-called "On-Service AI" plan aimed at enhancing its major services with the cutting-edge technology at its tech conference, ‘DAN24’, in Seoul.

Under the plan, the Korean company will incorporate its hyperscale AI model, HyperCLOVA X, into its search engine to provide more customised answers to users' queries, and launch a brand new AI briefing function in the first half of next year, reports Yonhap news agency.

The AI briefing function will deliver summarised, AI-generated answers to user questions, along with sources to verify the credibility of the information.

The service will be initially available in Korean, English and Japanese upon its launch, according to company officials.

"We showcased HyperCLOVA X last year and after a year of testing our generative AI products with our users, sellers and business partners, we are now moving toward commercialisation," Naver CEO Choi Soo-yeon said.

"We are committed to breaking down the boundaries dividing the online and the offline and providing AI services that genuinely make people's daily lives more convenient," she added.

In the first half, Naver will also release an AI shopping application, Naver plus store, which will feature an AI powered shopping navigating function that helps users find products, promotion events and benefits tailored to their own needs.

Additionally, the company will update its mobile map application with its geospatial AI technology next year to digitally recreate offline locations and offer more accurate information about various destinations on its map.

Meanwhile, Naver said it plans to create an impact fund and invest a combined 1 trillion won over the next six years to help foster the growth of the country's AI ecosystem.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

BusinessIndia, New Zealand concludes 4th round of free trade agreement negotiations

BusinessA People's Plan for the Planet: IWF Echoes UN's Call from Doha

NationalIndia, New Zealand concludes 4th round of free trade agreement negotiations

BusinessYoung Achievers of FIITJEE Global School Gear Up for 25 Elite World Record Feats

NationalPM Modi to visit Dehradun tomorrow for silver jubilee celebrations of Uttarakhand's formation

Business Realted Stories

BusinessDeliure Expands Its Sweet Legacy with New Outlets in Mulund and Colaba

BusinessNew EEZ rules to empower coastal livelihoods, promote sustainable deep-sea fishing

BusinessAmar Jyoti Trust's Global Conference on "Redefining Abilities" Concludes with Roadmap for Inclusive and Empowered Living

BusinessNava Delivers Strong Operational Growth And Strategic Advancements; Strengthens Dividend Momentum

BusinessEinshield Cybersecurity Launches with 50 Years of Expertise to Bridge the Gap Between Compliance and True Security