Market Chatter: Hancom, Intel Collaborate to Develop On-Device AI Solutions; Shares Decline 3%

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Market Chatter: Hancom, Intel Collaborate to Develop On-Device AI Solutions; Shares Decline 3%

MT Newswires Live12-18

South Korean office suite software developer Hancom (KOSDAQ:030520) collaborated with US-based chipmaker Intel to develop on-device AI solutions that are aimed at enhancing tasks such as drafting and document summarization, Pulse News reported Tuesday.

The partnership focuses on using Hancom's AI solution Hancom Pedia alongside Intel's retrieval-augmented generation technology to provide new user experiences in AI-powered PC environments.

Looking ahead, Hancom and Intel also plan to work with Hancom's edtech subsidiary, Hancom Academy, to develop online and offline educational programs, the report said.

Shares of Hancom fell nearly 3% in recent trade on Wednesday.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Benshine
·12-18
wah down 3% with intel news
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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4141":"半导体产品","LU0321505439.SGD":"Schroder ISF Global Dividend Maximiser A Acc SGD","BK4588":"碎股","BK4512":"苹果概念","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","BK4529":"IDC概念","BK4554":"元宇宙及AR概念","BK4515":"5G概念","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU0321505868.SGD":"Schroder ISF Global Dividend Maximiser A Dis SGD","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4575":"芯片概念","BK4602":"量子计算概念","INTC":"英特尔","BK4535":"淡马锡持仓","BK4527":"明星科技股","BK4579":"人工智能","BK4550":"红杉资本持仓"},"source_url":"https://www.mtnewswires.com/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2492998942","content_text":"South Korean office suite software developer Hancom (KOSDAQ:030520) collaborated with US-based chipmaker Intel to develop on-device AI solutions that are aimed at enhancing tasks such as drafting and document summarization, Pulse News reported Tuesday.The partnership focuses on using Hancom's AI solution Hancom Pedia alongside Intel's retrieval-augmented generation technology to provide new user experiences in AI-powered PC environments.Looking ahead, Hancom and Intel also plan to work with Hancom's edtech subsidiary, Hancom Academy, to develop online and offline educational programs, the report said.Shares of Hancom fell nearly 3% in recent trade on Wednesday.(Market Chatter news is derived from conversations with market professionals globally. 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