Naver (CEO Soo-yeon Choi) has confirmed the launch date of its artificial intelligence (AI) mobile search service for next 12 months.
Naver announced on the eighth through its third quarter earnings conference call that it could postpone the launch of its mobile AI search service, which was scheduled for inside this 12 months, to next 12 months. That is the mobile version of ‘Q:’, a HyperclovaX-based generated AI search service that has been available since September of last 12 months.
As an alternative, they said they’re specializing in testing and improving functionality. We plan to expand to an ‘AI briefing function’ that understands the user’s context and summarizes the search. Through this, we plan to support data summarization with AI and indicate reliable sources in search results.
The event status of the big multimodal model (LMM) was also revealed. Last August, Naver updated the visual information processing capabilities of Hyperclova At the identical time, the image search function inside the interactive agent ‘ClovaX’ was updated.
Nevertheless, the generative AI-based voice synthesis technology ‘Speech Nevertheless, it has been announced that it would provide convenient services through voice multimodal large language model (LLM) technology in the longer term by combining ‘linguistic nuance’ with ’emotional expression recognition’ ability.
Regarding this, CEO Choi Soo-yeon said, “We now have accomplished in-house testing of a multi-modal model that may search images and voices, and can mix it with the AI briefing summary function and launch it as an actual service next 12 months.”
It was also announced that ‘Naver Plus Store’, which has advanced AI-based customized shopping suggestion functions, shall be launched as a separate app in the primary half of next 12 months.
Meanwhile, Naver announced that it recorded sales of two.7156 trillion won, adjusted EBITDA of 699.1 billion won, and operating profit of 525.3 billion won within the third quarter.
Consolidated sales within the third quarter increased by 11.1% in comparison with the identical period last 12 months and by 4.0% in comparison with the previous quarter resulting from the strong performance of the search and promoting business. Adjusted EBITDA increased by 27.0% in comparison with the identical period last 12 months and 9.5% in comparison with the previous quarter, showing an increasing trend for eight consecutive quarters. Consolidated operating profit grew by 38.2% in comparison with the identical period last 12 months and 11.1% in comparison with the previous quarter, continuing its record-high record.
Sales by business division are ▲search platform KRW 997.7 billion ▲commerce KRW 725.4 billion ▲fintech KRW 385.1 billion ▲content KRW 462.8 billion ▲cloud KRW 144.6 billion.
Naver CEO Soo-yeon Choi said, “Naver is strengthening search based on AI and data, expanding hyper-personalized services tailored to user interests, and continuing to reinforce the platform,” adding, “Creating online and offline experiences akin to places, maps, real estate, and digital twins. “By applying AI, we are going to discover future growth engines and create recent business opportunities,” he said.
Reporter Jang Se-min semim99@aitimes.com
