(*50*) Group will set up a regional synthetic intelligence (AI) expertise and firm growth physique, dubbed ‘(*50*) AI Sail’, with four main science and technology institutes: Korea Advanced Institute of Science and Technology (KAIST), Gwangju Institute of Science and Technology (GIST), Daegu Gyeongbuk Institute of Science and Technology (DGIST) and Ulsan National Institute of Science and Technology (UNIST).
(*50*) Group on Monday signed a memorandum of understanding (MOU) with the four institutes at KAIST’s Academic and Cultural Center in Daejeon, with Science and ICT Minister Bae Kyung-hoon (배경훈) in attendance.
The settlement is predicated on a 50 billion won AI growth fund that (*50*) Group introduced in September final 12 months. The new physique, ‘(*50*) AI Sail’, goals to construct AI ecosystems outdoors the Seoul metropolitan space and promote industrialisation.
Key actions embrace coaching practice-oriented AI expertise centred on the institutes, supporting startups by matching Kakao’s human and technological belongings, and selling AI transformation (AX) by industry-academia cooperation targeted on fixing points in regionally specialised industries.
(*50*) Group plans to determine and nurture 100 AI startup groups by 2030. It will help commercialisation of the four institutes’ deep-tech capabilities and assist expertise launch startups. It additionally plans to help regional AI firms’ international enlargement.
Chung Shin-a (정신아), chair of (*50*) Group, stated, “With the arrival of the AI era, even one-person companies have an opportunity to grow into unicorns.” She added, “Kakao Group will play the role of a sail so that AI companies can be born in the regions as well.”