Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Weight-Loss Drug Ads Take Over the Super Bowl as Pharma Embraces Direct-to-Consumer Marketing 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Samsung Electronics and Naver Corp. are teaming up to develop a generative artificial intelligence (AI) together, which they hope can compete with OpenAI’s ChatGPT. The product would become the exclusive chatbot of the electronics firm.
According to The Korea Economic Daily, Samsung Electronics and Naver Corp. are also planning to release new AI semiconductors by the end of this year. The chips are reportedly intended to replace Nvidia’s GPU that will power their own AI platforms.
The South Korean companies agreed to the joint development of a generative AI platform designed exclusively for corporate uses. Once in operation, Samsung and Naver hope this can be used globally as an AI tool that can be another option or substitute for ChatGPT.
Under the partnership deal, Samsung will provide Naver with pertinent data related to semiconductors so the latter can create a generative AI. Later, the electronics firm will step in to further improve the product.
Once fully developed, the new AI tool would be offered in Korean and would be used by the Device Solutions (DS) division of the Samsung Group. The said business unit also includes the company’s chip business, and as per sources who have knowledge of the matter, the target date for the launch of the new AI tool is October this year.
“AI data are processed largely in English in advanced countries. Non-English-speaking countries such as Korea are being marginalized in utilizing generative AI tools,” the president and chief of Samsung’s chip business unit, Kyung Kye Hyun, said in a statement.
In any case, Alphabiz News reported that once the AI tool is launched, executives and staff of the DS will be allowed to use chatbots for their work again. They had been previously prohibited from using the chatGPT after confidential data were accidentally leaked through the tool. Meanwhile, the new technology is also expected to boost productivity in the office without worrying about security.
Photo by: Sanket Mishra/Unsplash
