Naver, Kakao accelerate their entry into enterprise AI market

2023.05.08 14:24:02 | 2023.05.08 14:30:43

Naver Corp. and Kakao Corp. [Courtesy of each company]À̹ÌÁö È®´ë

Naver Corp. and Kakao Corp. [Courtesy of each company]



Naver Corp. and Kakao Corp., the two largest platform companies in South Korea, are set to compete fiercely in the enterprise artificial intelligence (AI) service market.

¡°We will apply HyperCLOVAX not only to search but also to all Naver services, and we will also introduce services for business customers,¡± said Naver¡¯s Chief Executive Officer Choi Soo-yeon during the company¡¯s first-quarter earnings conference call on Monday, referring to plans to launch the company¡¯s next-generation super-scale AI, HyperCLOVAX, this summer.

¡°Naver will introduce customized services that better addresses issues related to customization and data protection that global peers are unable to address,¡± Choi said. ¡°In Japan, Naver will also introduce enterprise services that incorporate HyperCLOVAX into productivity tools, such as LINE Works and Naver Works, later this year and we are currently working on a project to expand Naver¡®s enterprise software into a platform that combines with AI.¡±

Kakao Enterprise Corp., Kakao¡¯s IT services subsidiary, is also conducting a closed beta test (CBT) with select companies and organizations based on its super-sized AI engine for business customers. The current CBT is a security-focused service to protect companies¡¯ sensitive information. The company hasn¡¯t yet decided on when it will be released, a Kakao Enterprise official said.

Recently, SK telecom Co. began utilizing super-sized AI in its business by introducing an in-house chatbot using ChatGPT¡¯s application programming interface (API).

ChatGPT developer OpenAI said on its official blog late last month that it will launch a subscription model for businesses soon.

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