TSMC Accelerates 2nm Expansion as AI Chip Demand Surges 
Nvidia China Chip Sales Report Sends Chinese Semiconductor Stocks Lower 
XRP Price Targets $1.70 as Bullish Momentum Builds 
OpenAI, Anthropic CEOs Summoned to Australia AI Inquiry 
Hong Kong Home Prices Stabilize in August After July Decline 
OpenAI Agents Access U.S. Government Websites During Testing 
OpenAI AI Agents Bypassed UN Website Controls in Data Scraping 
Xi Calls for Deeper U.S.-China AI Cooperation in Trump Talks 
TikTok Reaches $100 Million Alabama Settlement Over Child Safety Claims 
US Appeals Court Upholds Anthropic AI Supply Chain Ban 
Suzuki Targets Faster Car Development to Keep Pace With Chinese Rivals 
Australia Budget Deficit Narrows to A$22.3 Billion on Stronger Tax Revenue 
Oil Prices Rise as Iran Holds Firm on Strait of Hormuz Deal 
Meta Found Liable in New Mexico Facebook Data Privacy Case 
US Stocks Face Jobs, Inflation Test as Fed Rate Hike Bets Rise 
Tencent Launches TenPayGo Payment App for Foreign Tourists in China 
Oracle Shares Fall as New Mexico AI Data Center Faces Power Delays 
Add as a preferred source on Google
POSCO Group, a leading steel manufacturer based in South Korea, revealed it will create its own AI tool that'll replace OpenAI’s ChatGPT in the company. With this move, the company just joined LG Electronics and Samsung Electronics in the quest to develop their own alternatives to the artificial intelligence chatbot tool.
POSCO said that the AI tool will be exclusively used by its own employees. It made the decision to build its own chatbot due to fears of leaking data and company technologies through the use of generative AI platforms such as ChatGPT.
The steelmaker’s generative AI tool is already in development, and it is said to be a better version of the ChatGPT app, which it added to its internal computer network in March. It was reported that POSCO Holdings Inc. is leading the development of the new AI system with its own research institute and software developer, POSCO DX Co., as per The Korea Economic Daily.
The Super AI that they are building is allowed to gather both internal and external data to find exact matches of their searches within the company, and this will be in a dialogue format similar to ChatGPT. The POSCO Group expects the integration of the super AI to improve the company’s operational efficiency without worrying about leaking any confidential data. It also believes that this will lessen the time for data searches of employees for research journals, patents, and specialty publications.
Meanwhile, other South Korean tech firms, including Samsung Electronics and LG Electronics, have also started developing their own AI chatbots. This comes after the former banned its employees in the smartphone and home appliance units from using ChatGPT and other generative AI tools.
Samsung issued a restriction for the use of ChatGPT after an employee accidentally leaked confidential data via the chatbot. Business Korea previously reported that other major companies like POSCO and SK hynix believe that the process of inputting data to get answers from the AI ChatGPT heightens the likelihood of leaking sensitive company information; thus, it would be better to develop their own in-house generative AI services.
Photo by: Mohamed Nohassi/Unsplash
