LINE launches Clova AI Tech Demo website bringing new technologies closer to external developers

Maria Nikolova

The website presents AI technologies, such as Clova Chatbot Builder.

LINE Corporation is making artificial intelligence (AI) technologies more accessible via the introduction of a dedicated portal – Clova AI Tech Demo website. The website was officially presented at the recently held LINE Developer Day 2018.

Clova AI Tech Demo presents the AI technologies that can be useful for external developers and businesses. Let’s note that Clova AI is an AI platform created by LINE and Korea’s search engine NAVER. Artificial intelligence technologies that NAVER and LINE have been exploring for around 20 years, such as search, speech recognition and synthesis, image and video analysis, and natural language processing are provided on a single platform.

In addition, by using the Clova platform, everyone can conveniently create artificial intelligence services. Clova AI aims to create an AI ecosystem and a more convenient world together with the users and a wide range of partners.

One of the most interesting services is Clova Chatbot Builder, which enables developers to easily create Chatbots that understand the intent of a user’s question and give the right answer. The powerful dialog engine based on natural language processing technology and machine learning algorithm supports not only Japanese but also various languages such as English and Korean.

It can be applied to a range of services such as customer inquiry, ordering, and reservation. At present, Clova Chatbot Builder is used in various services like Line, Naver and LG U+.

Chatbots and virtual staff have been very actively advancing in Japanese financial services companies. In January, for instance, Shizuoka Bank Ltd (TYO:8355) announced the launch of a “virtual staff” service on its website. In its essence, the service represents a chatbot that is set to help the bank’s existing and potential customers get the information they need. The focus is on the FAQ section of the website and online banking.

In May, retail Forex broker DMM FX, part of Japanese Internet services provider DMM.com, has announced the launch of a chat service using artificial intelligence (AI). The technology behind the new service is based on IBM Watson, the company explains. The AI chat accepts enquiries via PCs and smartphones. The chatbot is capable of learning from the information obtained during the conversations. Thus, it becomes more clever and the quality of the responses is improved.

Read this next

Digital Assets

Flock.io and io.net Unite to Pave the Way for Decentralized AI Development

In an effort to create a community-driven Flock.io platform for on-chain, decentralized AI models; the leaders have decided to join hands with io.net to power Flock with decentralized computing.

blockdag

Crypto 2025: The Action Points to Follow to Capitalize on Bitcoin and BlockDAG Network’s 2025 20000X ROI Predictions

In this analysis, we delve into the price predictions for Bitcoin and BlockDAG Network, and we explore the factors driving these projections while offering actionable insights for investors that are looking to capitalize on the 20000x potential of these projects.

Retail FX

Orfinex joins Financial Commission as approved broker member

Multi-asset brokerage firm Orfinex has become a member of the Financial Commission, joining the ranks of the self-regulatory organization. This accreditation reassures traders that the firm meets the quality standards set by the commission.

Fintech

Telegram CEO’s Bitcoin stash valued in hundreds of millions

Telegram CEO Pavel Durov revealed that he has held several hundred million dollars in fiat and bitcoin for the past decade.

Digital Assets

Bitcoin drops below $60K as halving just 300 blocks away

Bitcoin fell below the $60,000 mark on April 17, just days before a scheduled reduction in mining rewards, known as the “halving,” which is set to occur on April 20.

Chainwire

New Meme Coin ICO Dogeverse Raises $6 Million After Completing Coinsult Audit

A new multichain meme coin, Dogeverse, has raised $6 million in its presale and recently passed a smart contract audit.

The new meme coin leverages bridge technology, ensuring the token is available across the most prominent on-chain markets.

Retail FX

Interactive Brokers posts Q1 earnings, raises dividend

Interactive Brokers Group Inc (NASDAQ:IBKR) announced its first-quarter financial results for the period ending March 31, 2024. The leading automated global electronic broker reported a GAAP diluted EPS of $1.61 and an adjusted EPS of $1.64.

Fundamental Analysis, Tech and Fundamental

Global FX Market Summary: USD, FED, Gold  April 17 ,2024

The Fed’s hawkish stance on interest rates is strengthening the US dollar while central banks globally grapple with inflation and economic growth.

Digital Assets

Kraken launches self-custodial wallet, joining competitors like Coinbase

Kraken, the second-largest U.S.-based cryptocurrency exchange, has introduced its own digital wallet, aligning its offerings with those of competitors like Coinbase.

<