South Korea's Naver launches generative AI services

FILE PHOTO: A general view of the Naver sign on its office building in Seongnam, South Korea, May 13, 2022. Picture taken May 13, 2022. REUTERS/ Heo Ran/File Photo

SEOUL (Reuters) -South Korean internet giant Naver unveiled its own generative artificial intelligence (AI) tool on Thursday, joining the frenzy around the new technology initiated by OpenAI's ChatGPT chatbot.

Despite the hype around the burgeoning technology and billions of dollars of investment, most companies and developers have yet to monetise the technology.