South Korea’s tech powerhouse, Naver Corp, has just unveiled its latest marvel in the realm of artificial intelligence: CLOVA X, a Korean language chatbot designed to rival OpenAI’s ChatGPT. This innovative generative AI chatbot, tailored for Korean-language users, marks Naver’s ambitious entry into the AI conversation.
Driving CLOVA X’s capabilities is Naver’s flagship AI model, HyperCLOVA X. Constructed through the fusion of supercomputing and robust data analysis, HyperCLOVA X serves as the beating heart behind various AI services offered by Naver, including the much-anticipated CLOVA X chatbot.
CLOVA X stands as a Korean counterpart to ChatGPT, harnessing Naver’s deep-rooted expertise in the Korean language and culture. Like its English-language counterparts from tech giants like Google, OpenAI, Microsoft, and Anthropic, CLOVA X excels at engaging in conversations, summarizing text, and crafting captivating narratives.
Naver’s AI Expansion: Introducing CUE
In a grand reveal alongside CLOVA X, Naver introduced CUE, a generative AI search service fueled by the formidable HyperCLOVA X. This demonstrates Naver’s commitment to leveraging its cutting-edge technology across various domains.
Naver’s Vision for AI
During a press conference in Seoul, Naver’s CEO, Choi Soo-yeon, emphasized the company’s integration of technologies and experiences from diverse sectors, including web search and online shopping, to strengthen HyperCLOVA X’s technological prowess. Choi expressed Naver’s readiness to embrace the transformative potential of generative AI.
Beta Testing and Beyond
Naver plans to kick off beta testing for CLOVA X on August 24, with the CUE search tool slated for a September launch. Notably, Naver has made substantial investments in AI, allocating a staggering $754 million over five years. Additionally, the company is gearing up to inaugurate a colossal data center boasting 600,000 servers, amplifying its AI initiatives.
Choi also revealed Naver’s intentions to develop localized AI applications tailored for regions with specific political sensitivities, particularly in the Middle East. Furthermore, Naver has its sights set on non-English speaking countries and regions like Japan and Southeast Asia, affirming its global AI ambitions.
As the AI frenzy gains momentum, companies like Naver and Nvidia are seizing the opportunity. Notably, Nvidia exceeded Q2 revenue expectations, amassing a staggering $13.5 billion in revenue. Jensen Huang, Nvidia’s founder and CEO, highlighted the global shift towards accelerated computing and generative AI, underlining the industry’s dynamic evolution.
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