Naver vows to boost growth by offering AI services by late August
Choi Soo-yeon, CEO of Naver, speaks during a press conference at the company's headquarters in Seongnam, Gyeonggi Province, April 13, 2022. Courtesy of NaverBy Baek Byung-yeulNaver is set to unveil its hyperscale AI platform HyperCLOVA X and generative AI service CLOVA X, Aug. 24, and apply these emerging technologies to its major services to enhance user experiences in search, shopping and online payments, the company's CEO said Friday.“CLOVA X is an interactive chat platform that anyone can easily use and it has the scalability to easily connect with Naver's services, so various attempts will be possible,” Choi Soo-yeon told investors during a conference call on second-quarter earnings.CLOVA X is expected to become a competitor to OpenAI's ChatGPT. Choi said that the main goals of Naver's AI services are to provide world-class AI technology, boost business and creators' productivity, provide customized AI services and offer new experiences that are fully integrated with its core services."One of the areas where we expect generative AI to contribute the most is in the cr
