HSBC’s $13.6 Billion Take-Private Offer for Hang Seng Bank Gains Board Backing 
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand 
Woolworths Faces Fresh Class Action Over Alleged Underpayments, Shares Slide 
FDA Says No Black Box Warning Planned for COVID-19 Vaccines Despite Safety Debate 
Nomura Expands Alternative Assets Strategy With Focus on Private Debt Acquisitions 
Adobe Strengthens AI Strategy Ahead of Q4 Earnings, Says Stifel 
Microsoft Unveils Massive Global AI Investments, Prioritizing India’s Rapidly Growing Digital Market 
SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles 
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns 
Trump Signs Executive Order to Establish National AI Regulation Standard 
Nvidia Develops New Location-Verification Technology for AI Chips 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures 
Australia Enforces World-First Social Media Age Limit as Global Regulation Looms 
HD Hyundai revealed it has joined forces with Google Cloud to develop a platform designed to provide AI-based business solutions to leading industries today, such as construction machinery and shipbuilding. The cooperation between the companies was announced on Tuesday, Dec. 26.
The artificial intelligence solutions that the collaboration between HD Hyundai and Google Cloud will make are also aimed at allowing or applying generative AI across Korea Shipbuilding & Offshore Engineering's (KSOE) shipbuilding and petroleum arm's core business units.
Google Cloud and HD Hyundai's Joint Project
As per Korea Joongang Daily, Google Cloud will offer AI applications created for specific industries, such as the Vertex AI platform, which makes use of the Gemini generative AI technology. Starting next month, the cloud computing firm and HD Hyundai will take on different projects that they will work on together.
Some of the fields they will pursue for cooperation are AI-based platforms that will enhance customers' digital experience and AI solutions required for various industries. The partners also intend to train experts further in the area of artificial intelligence.
Digital Transformation with AI Innovations
Korea Economic Daily reported that the strategic cooperation between HD Hyundai and Google Cloud will apply the latter's Gemini AI model to the former's core businesses. Under the agreement, the two companies will develop different solutions and enterprise tools to help scale up businesses' operations via useful technology that can make jobs easier and more efficient.
"Combining the vast data we have accumulated over the years with Google Cloud's generative AI technology will create great synergy," an official at HD Hyundai said in a press release. "We will actively utilize AI to improve work efficiency and enhance customer satisfaction."
Photo by: HD Hyundai Press Release
