Latest news with #KakaoCorp.
Korea Herald
3 days ago
- Business
- Korea Herald
OpenAI CSO Kwon to visit S. Korea for AI partnership: sources
Jason Kwon, Chief Strategy Officer of OpenAI, will visit South Korea on Thursday for the second time in just over two weeks to explore partnerships in the artificial intelligence sector, industry sources said Wednesday. His upcoming visit comes just a week after the inauguration of President Lee Jae-myung, who has pledged to make South Korea one of the world's top three AI powerhouses through a 100 trillion-won ($73 billion) national investment initiative. During his previous visit on May 26, Kwon said OpenAI has established a Korean subsidiary and plans to open its third Asian office -- following Tokyo and Singapore -- in Seoul in the coming months. The move is part of OpenAI's broader global expansion. The developer of ChatGPT has launched 11 new offices in major cities in recent years, including Paris, Brussels, Singapore, London, Dublin and Tokyo. "OpenAI considers South Korea a key partner due to its high level of engagement with our services and sees strong potential for collaboration with Korean companies," an OpenAI official said. South Korea ranks among the top 10 countries globally in terms of ChatGPT users and developers using OpenAI platforms. In particular, it has the second-largest number of paid ChatGPT subscribers, following the United States. Even before formally entering the Korean market, OpenAI has collaborated with several major Korean companies, including internet giant Kakao Corp., game developer Krafton Inc. and mobile carrier SK Telecom Co., on AI technologies and data center development.
Korea Herald
13-03-2025
- Business
- Korea Herald
Kakao founder leaves top management body, reportedly diagnosed with cancer
Kim Beom-su, the founder of Kakao Corp., is resigning from his position as co-chair of the company's top decision-making body for health reasons, the company announced Thursday. Local reports said that the 58-year-old who launched the now-ubiquitous messenger app KakaoTalk in 2010 has been diagnosed with early-stage bladder cancer. According to Kakao Corp., Kakao CEO Chung Shin-a will serve as the sole chair of the company's Corporate Alignment Council. Kim, however, will remain part of the company, leading Future Initiative Center to guide the company's long-term strategy and objectives, it said. "With CEO Chung already leading key company initiatives, Kim's departure is expected to have minimal impact on Kakao's overall management," an official said. The Kakao founder is currently on trial for alleged stock price manipulation related to Kakao Entertainment's acquisition of SM Entertainment, with allegations that he interfered with a competitor's public tender offer.
