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AI & Enterprise

K-AI models deployed across public administration, from R&D budget reviews to elderly care

South Korean AI models are being deployed across public administration, from government R&D budget reviews to services for seniors living alone. The Ministry of Science and ICT said domestic models from Upstage, LG AI Research and Naver are being integrated into central and local government work. The rollout includes a shared AI platform for government networks, development of science-focused models through the K-Moonshot programme and an AI competition using K-AI models.

AI & Enterprise

Clion builds Seoul generative AI chatbot 2.0 using proprietary RAG

AI cloud services company Clion said on Tuesday it has completed Seoul Metropolitan Government\'s project to build a generative AI-based Chatbot 2.0. The project was pushed to carry out one of seven core tasks under Seoul\'s AI Vision, aimed at administrative innovation by converting public services to AI. Clion said it handled GPU infrastructure, data-based model tuning and RAG-based AI service development, applying its REX tool to improve chatbot response accuracy.

Finance

K Bank sole proprietor loan balance tops 3 trillion won, up 1 trillion won in six months

K Bank said on May 18 its loan balance to sole proprietors topped 3 trillion won as of May, rising by 1 trillion won in about six months after exceeding 2 trillion won in November. Growth was led by guarantee-backed loans and property-secured loans. The bank said it is expanding cooperation with regional credit guarantee foundations and local governments and has launched a Seoul-linked overdraft-style guarantee loan product.