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AI & Enterprise

Shinsegae Group pushes retail AI innovation with Reflection AI, halts OpenAI talks

Shinsegae Group is pursuing a project with U.S. artificial intelligence firm Reflection AI to apply AI across retail operations such as product sourcing, inventory management and customer management. The group said it is accelerating an advanced AI retail innovation drive and last month agreed via an MOU in San Francisco to build and jointly operate an AI data centre. It said E-Mart will be the first to roll out the AI-based retail initiative, and it will halt collaboration talks with OpenAI.

Industry

Shinsegae to build South Korea\'s largest AI data centre, aims to lead retail with AI commerce

Shinsegae Group plans to build what it described as South Korea\'s largest AI data centre in partnership with U.S. startup Reflection AI and to develop a full-stack AI factory offering cloud services and tailored AI solutions. The company said it aims to become an AI cloud provider while seeking synergies with its retail business. The partners signed an MOU in San Francisco on March 16 and plan to establish a joint venture within the year.