South Korea's Naver Corp. debuts HyperCLOVA X, an advanced AI model, alongside a tailored chatbot service, positioning itself as a leader in the intensifying global linguistic AI showdown following the success of ChatGPT.
HyperCLOVA X considered a core AI technology model for Naver, is built on the foundation of robust supercomputing capabilities, extensive data analysis, and operational experience gained from Naver's comprehensive online platform.
This platform encompasses Korea's largest search engine, cloud services, email, shopping, and other internet-based products. "Our generative AI model, HyperCLOVA X, benefits from Naver's extensive expertise and technologies gained over decades in various sectors such as search, shopping, and booking," remarked Naver CEO Choi Soo-yeon during a conference held in Seoul.
Naver's commitment to cutting-edge technology is evidenced by the substantial investments made. The company has dedicated 22 percent of its operating profit, amounting to around 1 trillion won (approximately $754 billion), to advance AI development over the past five years.
In its pursuit of further expanding data-analyzing capabilities, Naver is set to open a state-of-the-art large data center in Sejong, a central city in South Korea. This center, expected to commence operations in November, will house over 600,000 servers and serve as a central hub for Naver's hyperscale AI services.
Furthermore, Naver also unveiled CLOVA X, an AI chatbot based on a large language model, and CUE, a generative AI search service. Both of these offerings leverage the advanced capabilities of HyperCLOVA X. CLOVA X, slated for beta testing later today, aims to deliver accurate responses tailored to users' diverse demands, thanks to its conversational and adaptable AI, which can create stories, summarize information, and perform language encoding.
Additionally, Naver is set to launch CUE: next month, an interactive AI chatbot specifically designed for online search.
Photo: Naver Pressroom


Holiday Economic Questions: What Bank of America Says You Should Expect
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp
Apple Appoints Amar Subramanya as New Vice President of AI Amid Push to Accelerate Innovation
Norway’s Wealth Fund Backs Shareholder Push for Microsoft Human-Rights Risk Report
Airline Loyalty Programs Face New Uncertainty as Visa–Mastercard Fee Settlement Evolves
Lockheed Martin Secures $1.14 Billion Contract Boost for F-35 Production
Tesla Expands Affordable Model 3 Lineup in Europe to Boost EV Demand
TSMC Accuses Former Executive of Leaking Trade Secrets as Taiwan Prosecutors Launch Investigation
Canada Stocks Steady as Markets Await Fed and BoC Decisions
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data
U.S.-EU Tensions Rise After $140 Million Fine on Elon Musk’s X Platform
Coupang Apologizes After Massive Data Breach Affecting 33.7 Million Users
Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth
Australia’s National Storage REIT Accepts A$4 Billion Takeover Offer from Brookfield-Backed Consortium
Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation
Allegiant Air Faces Union Block in Bid for Foreign Pilots’ Green Cards Amid Staffing Challenges
Russia Stocks Close Flat as MOEX Hits 1-Month High 



