Samsung Buys Korean AI Startup Fluenty
Samsung Electronics has acquired South Korean startup Fluenty, which specialises in conversational artificial intelligence (AI).
The acquisition, which was led by the South Korean tech giant's mobile business, will allow the company to integrate Fluenty's services to its own AI platform, Bixby.
Fluenty, which was founded by former search giant Naver and Daum developers, has an app that suggests the best text reply based on AI technology. It was launched in the US in 2015 and South Korea last year. The service supports chat apps such as KakaoTalk, Telegram, Facebook Messenger, and Line.
Samsung this month combined its research arms under consumer electronics and mobile businesses to form Samsung Research. A new AI centre was formed as well under Samsung Research to look for new business opportunities in the technology.
The company earlier this year introduced its AI virtual assistant Bixby with the launch of the Galaxy S8, although it was met negatively initially due to being incomplete. It most notably lacked voice recognition, although the company has since deployed Bixby's voice feature globally.
Samsung said Bixby will improve its own language understanding capabilities over time from consumer use.
The South Korean tech giant last year acquired Viv, an AI voice assistant firm founded by Dag Kittlaus who co-founded Siri.
The goal is to deploy AI capabilities not just in smartphones but across all its consumer electronics. The company said its home appliances will all have smart features, such as AI and voice recognition, by 2020.
It is also working with South Korean chat giant Kakao to sync their respective AI platforms, Bixby and Kakao I.
PREVIOUS AND RELATED COVERAGE
Samsung opens AI lab in Canada
Samsung's artificial intelligence (AI) lab in University of Montreal will focus on developing core algorithms for use in robotics, autonomous driving, translation, and voice and visual recognition.
Samsung SDS launches enterprise AI chatbot Brity
Samsung SDS wants to expand AI-as-a-Service with the launch of the B2B chatbot.
Samsung AI speaker launching next year: Co-CEO
Samsung Electronics will launch its own artificial intelligence (AI) speaker next year, the firm's co-CEO has said, which will combine Harman's audio prowess with its own technology.
Samsung Bixby Voice: An interactive, sometimes confusing personal assistant
Bixby voice is unlike any other personal assistant available today. Or is it?
Samsung's massive new display is everything tech pros need (TechRepublic)
The CGH90 allows business users to answer emails faster and view spreadsheets quicker with its curved, wide monitor.
How Fintech Is Revolutionizing Traditional Banking
How fintech is revolutionizing traditional banking is a topic that is garnering positive and immense discourse within th... Read more
Blockchain And Its Impact On Fintech Industry
Blockchain and its impact on Fintech Industry has become a hot topic in the current digital era. The amalgamation of blo... Read more
The Rise Of Fintech In The Digital Era
In the heart of the digital revolution, we've observed a term termed as "fintech" creating a substantial and transformat... Read more
Role Of Fintech In Transforming Retail Banking
The role of fintech in transforming retail banking is producing significant changes in the financial services industry. ... Read more
Fintech Innovations In Asset Management
Financial technology, or FinTech, refers to the blending of financial services with technology. The importance of FinTec... Read more
Exploring The Future Of Accounting Software: Unveiling The Power Of AI
The revolutionary ignition sparked by artificial intelligence (AI) cannot be understated in contemporary business ecosys... Read more