South Korea’s tech heavyweight, Naver Corp., announced the launch of HyperCLOVA X, a new and advanced Korean large language model (LLM) for artificial intelligence (AI), at the Team NAVER Conference Dan 2023 in Grand InterContinental Seoul Parnas on Thursday. The unveiling comes as a response to the global AI trend sparked by OpenAI’s ChatGPT. This move not only positions HyperCLOVA X as Naver’s next growth engine but also underscores the company’s pivot toward AI-led business initiatives. Naver CEO Choi Soo-yeon highlighted the company’s R&D investment, which accounts for 22% of its operating revenue, and the support of Naver’s in-house