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(3rd LD) Kakao Corp. to spinoff core biz to strengthen AI capabilities

World 1 source 1 country 🔦 Under-reported 36m ago

Kakao Corp. announced on Friday in Seoul that it intends to spin off its core business operations. The strategic restructuring is designed to bolster the company's capabilities in the field of artificial intelligence.

This move represents a significant shift in the company's organizational structure as it seeks to prioritize its AI development. By separating its core business, Kakao aims to enhance its focus and competitive positioning within the rapidly evolving technology sector.

In-depth summary · AI, neutral
Read the full story at the source Yonhap English (Seoul, South Korea) · KR
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