Naver to Unveil 'HyperCLOVA X' on August 24... Specialized in Finance, Law, and Education

Ha Jung-woo, Head of Naver Cloud AI Innovation Center.

Naver will unveil its super-large artificial intelligence (AI) HyperCLOVA X on August 24. HyperCLOVA X, an advanced version of the existing AI model HyperCLOVA, is a Korean language-centered AI specialized in professional fields such as commerce, finance, law, and education.

On the 29th, Ha Jung-woo, head of the Naver Cloud AI Innovation Center, announced the release schedule and features of HyperCLOVA X at the launch ceremony of the Super-large AI Promotion Council held at Naver 1784 in Seongnam, Gyeonggi Province.

He emphasized, "Naver's AI technology ranks third in the world," adding, "Numbers are important, but what really matters is how well we handle the details and values related to Korea."

Ha cited examples where ChatGPT and Google Bard provide incorrect information, such as recommending non-existent travel destinations when asked about Buyeo and Gongju trips, saying, "We need to make AI that understands Korea well in Korea to create a high-quality content ecosystem for our AI."

He continued, "In the future, based on super-large AI, there will be many opportunities in business-to-consumer (B2C), business-to-business (B2B), and business-to-government (B2G) sectors, and with our 'sovereign AI,' global expansion (B2K) will also be possible."

HyperCLOVA X will be provided on a 'Neuro Cloud' basis, allowing only partner clients to use the super-large AI specialized in customer data and domains in the form of an application programming interface (API).

Meanwhile, on the same day, the Korea Software Industry Association launched the ‘Super-large AI Promotion Council’ to enable domestic AI companies to respond organically to the rapidly changing AI industry environment and strengthen strategic cooperation. The council includes 105 member companies from large and small domestic firms, including big tech companies with super-large AI engines, IT services, AI ventures, and AI small and medium enterprises. Naver Cloud and LG AI Research Institute serve as co-chair companies.

This content was produced with the assistance of AI translation services.