[Featured Stock] Obzen Rises on Lee Jae-myung's 'AI 100 Trillion Investment' Pledge... Spotlight on Leading Domestic Market Share in Financial AI
Artificial intelligence (AI) solution company Objzen is showing strong performance following Lee Jae-myung, former leader of the Democratic Party of Korea, announcing his pledge for a '100 trillion won investment era in artificial intelligence (AI)'.
As of 1:59 PM on the 14th, Objzen is trading at 9,070 won, up 7.72% compared to the previous day.
Objzen is the number one company in the domestic financial AI market share, supplying big data and AI-based digital marketing solutions. Its major clients include large domestic banks, card companies, and insurance companies, holding a 75% market share in the financial industry.
Recently, Objzen has been integrating AI agent technology utilizing LLM and sLLM, beyond generative AI solutions applied to the financial sector.
In particular, Naver Cloud, a 100% subsidiary of Naver, holds 6.09% (269,860 shares) of Objzen's shares, making it the second largest shareholder, which adds to the expectations. Naver Cloud is a company that provides IT platform services such as IT infrastructure consulting, data centers, networks, storage, security, and internal information services.
Hot Picks Today
"I Ate It Often Because It Tasted Good"... This Eating Habit Linked to 40% Higher Odds of Asymptomatic Cerebrovascular Damage
- "Booked a Cheap Flight, Only to Get Blindsided"... Travelers' Complaints "Explode" Over Extra Fees
- Woman in Her 70s Assaults Sister in Her 80s: “She Had an Affair with My Husband”
- “Dad Just Gave It to Us as a Gift”... Scratched a Lottery Ticket at a Family Gathering and Hit a 1 Billion Won Jackpot
- "We've gone this far to save on lunch"... Where office workers are flocking instead of restaurants
On the same day, Lee Jae-myung revealed his pledge on social media as part of his early presidential campaign, stating, "We will invest 100 trillion won in the AI sector and make South Korea one of the world's top three AI powerhouses." He also presented specific plans including securing 50,000 high-performance graphics processing units (GPUs), developing neural processing units (NPUs), and establishing a global cooperation fund.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.