EXCLUSIVE: Yanolja collaborating with OpenAI to grow AI use in travel industry

March 06, 2025 12:47 AM AEDT | By Investing
 EXCLUSIVE: Yanolja collaborating with OpenAI to grow AI use in travel industry

Investing.com - Yanolja is participating in the global launch of a research preview of ChatGPT-maker OpenAI's new artificial intelligence agent which aims to simplify online tasks, the South Korean company said on Wednesday.

In a statement seen by Investing.com, Yanolja, which offers cloud-based booking systems to domestic and foreign hotels through its cloud service, said it will support the development of OpenAI's "Operator" AI agent by providing "insights gained from travel-related cases collected during the research preview phase."

In January, OpenAI unveiled its "Operator" tool, which harnesses a model that allows it to interact with on-screen buttons, menus and text fields. The offering was first made available to OpenAI's Pro subscribers in the U.S. as a research preview and has now expanded to more global markets, including South Korea.

Microsoft-backed OpenAI, whose chatbot has been at the center of a multi-year surge in interest in the applications of AI, said Operator can do everything from create to-do lists to help with vacation planning and input login details on a website.

These so-called "agents" can perform tasks without direct human intervention and have been seen as crucial pillars for many companies' AI agendas.

Yanolja has been pushing to build out its AI capabilities and its key cloud business by leveraging its "extensive data related to travel," according to CEO Jeff Kim.

"[O]ur AI technology will streamline customer service and automate operational processes for travel enterprises, leading to increased efficiency and convenience," Kim said. "We’re committed to accelerating the era of fully automated, personal and AI-driven total travel services, and look forward to our collaboration with OpenAI on enhancing the future of travel.”

Founded in 2005, Yanolja has become one of South Korea's biggest travel and accommodation booking platforms, and has pursued a string of mergers and acquisitions in a bid to grow its core business.

Following a period of rapid growth during the COVID-19 pandemic, Yanolja received $1.7 billion in investment from SoftBank (TYO:9984)'s Vision Fund for a 24.9% stake in the company.

This article first appeared in Investing.com


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.