South Korea Unveils 5 Elite Teams for National AI Initiative

🚀 Exciting Developments in AI: The “Independent AI Foundation Model” Project

The South Korean government has shortlisted five innovative companies for the ambitious “Independent AI Foundation Model Project.” Announced by the Ministry of Science and ICT, the finalists include:

• Naver Cloud
• Upstage
• SK Telecom
• NC AI
• LG AI Research

Key Highlights:

• Support of 200 Billion Won: Selected teams will receive crucial funding for GPUs, data, and talent.
• Cutting-edge Applications: Naver Cloud aims to develop an “Omni Foundation Model” to power multimodal AI across various sectors.
• Strong Consortiums:
  • SK Telecom collaborates with gaming giants like Krafton and various universities to implement robust AI solutions.
  • NC AI plans to connect advanced AI technologies with public services for industrial transformation.

This initiative signifies a bold step toward advancing Korea’s AI capabilities both domestically and globally.

🔗 Join the conversation! What are your thoughts on the future of AI in South Korea? Share your insights below!

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