Search results for AX Center
AI & Enterprise
Shinsegae I&C expands AI vision solution to convenience stores, applies self-checkout system at CU
Shinsegae I&C said on Aug. 11 it will expand its AI vision-based retail solutions to convenience stores by introducing an AI vision payment management solution at CU convenience stores operated by BGF Retail. The solution analyzes customer behavior at self-checkouts and guides use. The system detects unpaid situations in real time and prompts customers on the screen. It runs inside a camera with a built-in VPU, requiring no additional PC or external server.
Industry
LG Electronics steps up companywide AI work innovation drive, selects 5 projects at hackathon
LG Electronics said it held its first-half AX hackathon to identify work-innovation tasks using AI. About 2,100 employees took part and submitted more than 700 ideas. After two months of screening and verification, the company selected five projects, including a 24-hour autonomous work system for software development. Other projects aim to automate packaging design, improve logistics and SCM analysis, cut administrative work time and generate advertising content.
Games & Commerce
Kurly to acquire AI firm 1Z Labs to speed up AX
Kurly is acquiring artificial intelligence solutions company 1Z Labs through a small share swap to strengthen its AI-driven competitiveness, it said in a filing on Sunday. The swap ratio is 1 to 1.8437990, and Kurly will issue 453,518 new common shares. The exchange date is Aug. 4, after which 1Z Labs will become Kurly’s wholly owned subsidiary. Kurly is pursuing company-wide AX and has named 1Z Labs CEO Kwak Keun-bong to head its AX Center.
