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


UK Economy Posts Surprise June Growth as World Cup and Hot Weather Lift Activity
Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins
China Automakers Accelerate Global Expansion as Domestic Car Sales Slump
Gold Prices Slip From 10-Week High as Fed and Hormuz Risks Shape Outlook
Asian Stocks Rise as AI Chip Rally Lifts South Korea, Japan
Maersk Raises 2026 Earnings Outlook as Shipping Profits Beat Expectations
SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges
Google Pushes Gemini AI Overhaul as Sergey Brin Targets Model Supremacy
Super Micro Stock Jumps 19% as AI Server Demand Drives Strong 2027 Outlook
Wall Street Hits Record High as Softer Inflation Data Eases Fed Rate Hike Fears
LG, Nvidia Expand AI Partnership With Humanoid Robots, AI Factories
OpenAI Restricts Astra AI Over Cyberattack Risks
Stripe, Advent Reportedly Pursue $53 Billion PayPal Takeover
Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico
Oil Prices Fall as U.S. Crude Inventories Surge and Hormuz Tensions Persist
Nintendo Shares Jump as Switch 2 Sales Boost Earnings 



