NAVER Corporation (035420.KS) announced an investment in Khameleon, a physical AI startup tackling challenges in highly specialized, real-world environments.
Speaking about the investment, Yang Sang-hwan, Head of NAVER D2SF, stated, "Khameleon combines deep technical expertise with hands-on field experience, positioning the team to solve real-world hotel challenges and demonstrate the value of physical AI."
Khameleon is developing robots designed for housekeeping tasks in North American hotels, which will be capable of ultra-low-latency control across diverse network environments.
NAVER's stock is moving up 0.92 percent, to KRW 220,500.00 on the Korea Stock Exchange.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.