November 8, 2024

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Naver Corp unveils South Korea’s answer to ChatGPT and generative AI

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Naver Corp unveils South Korea's answer to ChatGPT and generative AI

South Korean tech company Naver Corp has unveiled its answer to OpenAI’s ChatGPT — named CLOVA X — its newest generative AI chatbot which is aimed at Korean-language users. 

On Aug. 24, South Korean news outlet Yonhap

The AI hype train is gathering momentum and companies such as Naver and Nvidia are cashing in. On Aug. 24, Cointelegraph reported that Nvidia smashed Q2 revenue expectations with a whopping $13.5 billion in revenue for the period.

“Companies worldwide are transitioning from general-purpose to accelerated computing and generative AI,” said Nvidia founder and CEO Jensen Huang.

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