Naver Cloud is adding a new AI-based feature that will provide subtitles in real-time. This means that subtitles will be automatically offered to viewers during live broadcasts.
CLOVA Speech Feature
The Korea Economic Daily reported that CLOVA Speech, an AI-based speech service, is available on Naver News. In addition to the company’s news broadcast, it provides automatic subtitle generation for the Naver Shopping Live and customer service call data operations.
It was explained that this speech-to-text service is a new feature that draws out and instantly generates subtitles as the speaker talks in real-time video streaming. The CLOVA Speech supports Korean, English, and Japanese subtitles.
Advantages of the New Real-Time Streaming Feature
On Friday, Feb. 2, Naver Cloud further said that through its real-time streaming feature for CLOVA Speech, which converts voice to text, live captions during broadcasts are now possible without the need for stenographers’ typing services. Moreover, text transcription of phone conversations is also doable for faster customer responses.
Lastly, real-time streaming on CLOVA Speech reportedly allowed Naver Cloud to reduce the cost of voice and speaker recognition by 40%. The flat-rate pricing for the service was also eliminated, offering significant savings for users since the new features are now provided under a single rate plan without separate fees for the speaker, voice recognition, and event detection service that recognizes music, shouts, applause, etc.
“We expect that the real-time streaming function will be highly utilized in industries that require real-time broadcasting, such as broadcasters, live commerce companies, and YouTubers,” Chosun Business quoted Naver Cloud’s AI product planning manager, Kim Seong Hoon, as saying in a statement. “We will continue to enhance the AI-based Clova service for enterprises. “We will provide support to help your business grow.”
Photo by: Naver Cloud Media Room


Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Instagram Outage Disrupts Thousands of U.S. Users
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 



