The South Korean IT giant Naver Corp. unveiled the HyperCLOVA, an ultra-large-scale artificial intelligence (AI) platform. According to the company, it plans to lead the hyper-scale AI era with its new platform. As of today, Naver’s HyperCLOVA is the world’s largest Korean language AI model.
The web search engine operator equipped its newest AI tool with more than 204 billion parameters. If an AI language system supports a high parameter range, it is more powerful than other tools. Compared to OpenAI’s GPT-3, one of the most advanced AI language solutions, HyperCLOVA contains more parameters.
During the AI NOW event, Naver illustrated HyperCLOVA’s diverse uses and cutting-edge features. The HyperCLOVA AI solution could communicate with users, generate product introductions, summarize lengthy documents, and more. HyperCLOVA could also train another AI solution by independently choosing and organizing necessary data.
As a firm that showcases Korea’s AI developments, Naver strives to overcome countless challenges actively to foster the AI era. Naver already launched HyperCLOVA’s portal site after installing a feature that automatically fixes typos and accurately suggests related keywords. Naver also shared its plans to add foreign content, including languages, images, and videos, to HyperCLOVA’s network in the future.
Recently, more South Korean companies continue to make extensive investments in AI tech and other related solutions. This move would significantly advance future growth engines, further enhancing the competitive domestic AI environment.
Improving South Korea’s AI Environment
For instance, Naver expanded its AI capabilities and portfolio by joining forces with leading South Korean educational institutions. Earlier, Naver announced it would work together with KAIST’s Graduate School of AI to establish an AI R&D center. This future R&D center would mainly focus on promoting and developing AI technologies.
Additionally, the partners would develop AI technologies that help people create premium multimedia content powered by vision and creativity. Over the coming years, Naver would invest tens of billions of won to the hyper-scale AI facility.
What’s more, Naver would set up a research arm with Seoul National University (SNU), further delving into the AI field. The two parties would establish the Naver-SNU AI center in response to the ever-growing need for South Korean-based AI research. Naver and SNU would also recruit around 100 AI researchers, aiding the project’s goal to create Korean language AI models.
In April, Naver also opened a dedicated AI research center in Vietnam in partnership with Hanoi University of Science and Technology (HUST). In addition to helping Vietnam’s digital transformation, the research facility would offer basic AI application studies. The research center also facilitated collaborations between Naver engineers and local IT workers. Together, they developed various AI technologies, including self-driving systems, deep learning modeling, robotics, and more.
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