South Korean internet giant and tech company Naver Corp. has launched a ChatGPT-like chatbot dubbed CLOVA X. It is a Korean language chatbot that can have conversations and summarize text.
In response to OpenAI’s ChatGPT, the South Korean tech company Naver Corp has unveiled CLOVA X, its newest generative AI chatbot designed for Korean-language users.
Yonhap, a South Korean news agency, reported on August 24 that Naver had released its enhanced hyperscale artificial intelligence model, HyperCLOVA X.
Naver’s various AI services, including the new CLOVA X chatbot, are powered by HyperCLOVA X, the company’s flagship AI model designed with supercomputing and data analysis capabilities.
Like ChatGPT, the new Korean language chatbot leverages Naver’s Korean language and culture expertise. Like its English-language counterparts from Google, OpenAI, Microsoft, and Anthropic, it can engage in discourse, summarize text, and generate narratives.
In addition to the Korean chatbot, Naver Corp announced CUE, a search service powered by HyperCLOVA X that uses generative AI.
The CEO of Naver, Choi Soo-yeon, stated at a press conference in Seoul on August 24 that the company has applied its technologies and experiences from a variety of industries, including web search and online purchasing, to support the technological competitiveness of our generative AI model HyperCLOVA X.
“Naver is ready to face the new change opened by generative AI,” added Choi.
According to the company, CLOVA X beta testing will commence on August 24, and the CUE: search tool will be released in September.
In addition, Naver has extensively invested in AI, spending $754 million over five years, and is opening a massive data center with 600,000 servers to hyperscale its AI efforts.
According to Choi, the company intends to develop localized AI applications for politically sensitive Middle Eastern nations. It also wants to target non-English-speaking countries and regions, including Japan and Southeast Asia.
The AI hype juggernaut is gaining speed, and companies like Naver and Nvidia are profiting. On August 24, according to reports, Nvidia exceeded revenue expectations for the second quarter by a staggering $13.5 billion.
“Companies worldwide are transitioning from general-purpose computing to accelerated computing and generative AI,” said Jensen Huang, founder and CEO of Nvidia.
