Naver CEO Choi Soo-yeon (left) and Bank of Korea Governor Lee Chang-yong pose for a photo commemorating the signing of a Memorandum of Understanding for AI innovation in the financial and economic sectors. (Photo = Naver)
Naver (CEO Soo-yeon Choi) announced on the 22nd that it has signed a Memorandum of Understanding with the Bank of Korea (Governor Chang-yong Lee) on the innovation of ‘artificial intelligence (AI) in the financial and economic sectors based on technology Advanced IT. ‘.
Through this collaboration, we intend to expand the scope of the use of AI language models by converging expertise, knowledge and technical capabilities in various fields of IT, finance and economics. In addition, we plan to use Naver’s large language model (LLM) ‘HyperclovaX’ to provide a public service that searches, summarizes, and recommends various data held by the Bank of Korea.
In addition, Naver decided to discuss ways to improve productivity by applying cutting-edge IT technologies such as AI, big data, IoT (Internet of Things), and cloud to the work of the Bank of Korea.
Naver CEO Choi Soo-yeon said, “Bank of Korea, a leader in the financial-economic sector, and Naver, a leader in IT platform technology, will cooperate with each other to promote new technological developments. We will even pursue the development of services that can be used more conveniently by the public.” “He said.
Bank of Korea Governor Lee Chang-yong said, “Naver’s IT technology will allow us to further strengthen our policy and research capabilities and improve the quality of our services to the public.”
Reporter Jang Se-min semim99@aitimes.com
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