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


Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Instagram Outage Disrupts Thousands of U.S. Users
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 



