Naver's (KRX:035420) wholly-owned subsidiary Naver Cloud and French AI company Mistral AI signed a partnership to target the manufacturing AI market together, the South Korean internet company said in a Wednesday release.
Under the partnership, the two firms will jointly launch their business in South Korea, offering Mistral AI's latest models and full-stack platforms via Naver Cloud Platform. Mistral AI will also deploy dedicated field engineers to domestic customer sites to provide technical support and resolve issues, the release said.
Shares of Naver fell over 2% at market close.