South Korea dropps Naver's and NCSoft's teams from its competition to develop its first sovereign AI model, as LG's, SK Telecom's, and Upstage's teams advance
South Korea dropped teams led by units of Naver Corp. and NCSoft Corp. from its closely watched competition to develop the nation's …
Naver, the largest South Korean buyer of Nvidia chips, is pitching its AI cloud services as an alternative for countries reluctant to use US or Chinese systems
Naver targets countries reluctant to use American and Chinese cloud systems out of security concerns
Naver agrees to acquire Dunamu, which runs South Korea's biggest crypto exchange Upbit, in a $10.3B all-stock deal; Upbit has 80%+ market share in South Korea
Naver Corp. agreed to acquire Dunamu Inc., operator of South Korea's biggest crypto exchange Upbit, in an all-stock deal valued …
Nvidia says it will supply 260K+ of its most advanced AI chips to the South Korean government and major companies, including Samsung, Naver, and SK Group
U.S. semiconductor leader Nvidia (NVDA.O) on Friday said it will supply more than 260,000 of its most advanced AI chips …
Inside Naver's 1784, a 36-level office tower in Seoul that has ~4,500 employees working with 120+ robots and serves as a testbed for various AI technologies
Saritha Rai / Bloomberg : X: @saritharai X: Saritha Rai / @saritharai : In Seoul, I found a glimpse of our future with robots At tech giant Naver's HQ, 4,500 pple work with 120 robots. Robots glide a...
A Holdings Corp., a holding company owned equally by SoftBank and Naver, plans to sell down its stake in LY's ~$1B tender; LY operates Line messaging app
Mayumi Negishi / Bloomberg :
Naver-owned Webtoon shares closed up 9.5% at $23 in the online comics company's Nasdaq debut, giving it a market value of ~$2.9B, after an IPO that raised $315M
and now we get to be a part of that story! #WEBTOON is #NasdaqListed, and we're thrilled to be their exchange partner! [video] See also Mediagazer
Diplomats and others fear a rift between SoftBank and Naver over the ownership of messaging app Line could put stress on ties between Japan and South Korea
SoftBank and Naver helped bridge geopolitical relations with a joint venture to own the operator of the messaging app Line, but now the partnership is fraying.
LA-based Webtoon, owned by South Korea's Naver, files for a US IPO; sources: the online comics platform could seek to raise up to $500M at a $3B-$4B valuation
Michael Hytha / Bloomberg :
LA-based Webtoon, owned by South Korea's Naver, files for a US IPO; sources: the online comics platform could seek to raise up to $500M at a $3B-$4B valuation
Los Angeles-based Webtoon said in a filing Friday with the US Securities and Exchange Commission that South Korean internet company Naver …