Kakao to strengthen content business... also establishes new AI specialized organization = South Korea

South Korean internet giant Kakao has teased a major reorganization of its business organization. The company decided to strengthen its internal content capabilities and establish a new AI-related specialized organization.
According to the Korean IT industry on the 5th, a prospective Kakao representative recently plans to change his next CIC (independent company) to Content CIC.
It turned out that it was revealed. The company plans to strengthen its content service capabilities through content CIC. Content CIC includes short-form videos and cafe/stores.
This division provides content services such as information, news, etc. In May of last year, the company launched the portal site ``Dow'', aiming for full-fledged business growth as a content distribution platform.
The company's business division was spun off into CIC, but since then it has continued to develop a variety of services in order to increase its presence in the content industry. For example, Brunch Story Teast
- introduced a model to support creators. In addition, we launched an open community called ``Table'' to compete in services centered on core businesses such as media and community services.
It's strengthening its power. The profile of the company's top management, who will lead the company's efforts to strengthen its content capabilities, has also been revealed. Yang Ju-il, head of the Kakao Talk division, is expected to be appointed as the representative of Content CIC.
It's certain. Mr. Yang has held representative positions at IT companies such as Naver and NHN, and is recognized for his knowledge of the IT industry. Also within the company, he is the manager of the Kakao Wallet business department and vice president.
He has successfully led businesses such as certificates, electronic documents, and emojis, and is well versed in the cocoa business in general. We also decided to focus on the AI business, which is considered to be a little behind in the industry.
Ta. It has been revealed that a new organization specializing in AI business, ``Kakao AI (tentative name)'' will be established and the AI business will go into full swing. A company official said, ``The reason we changed the next CIC to content CIC was because of the short format.
The company's goal is to accelerate the strengthening of its content services, such as Google, Café Stories, and news.