Choi Soo-yeon, CEO of Naver, said on the 6th during the 2025 fourth-quarter earnings conference call regarding the company not being selected for the independent artificial intelligence (AI) foundation model project that, "as we have stated multiple times, the company respects the government's decision," but added, "this outcome should not be interpreted as a lack of Naver's technological capabilities."
Choi said, "we will continue to focus on strengthening research and development (R&D) and technology leadership," adding, "failing to win the independent foundation model project is unlikely to have a significant impact on Naver's sovereign AI strategy, profitability, or B2B sales."
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