Focus

Over 400 South Korean companies join hands to maximise industrial use of AI

25 Jul 2023 10:32am
For illustration purposes only - Photo by Bernama
For illustration purposes only - Photo by Bernama
A
A
A
SEOUL, South Korea - Top carmaker Hyundai Motor Co, leading battery maker LG Energy Solution Ltd and several other major South Korean companies joined hands with smaller firms to seek ways to maximise the use of artificial intelligence (AI) in key industries.

A total of 20 South Korean conglomerates in 10 major sectors, including the auto, steel, battery, machinery and robot fields, launched the "industry AI alliance" Tuesday, along with some 400 smaller companies, to push for joint projects meant to facilitate the utilisation of the latest AI technologies, Yonhap news agency reported according to the Ministry of Trade, Industry and Energy.

They plan to conduct 40 projects on AI solutions regarding mobility, machinery, and the optimization of production and industrial waste disposal, among other things, and to find rules and regulations that need to be revamped to improve business circumstances.

"Fundamental innovation is a must to respond to global uncertainties and overcome industry limitations," First Vice Industry Minister Jang Young Jin said.

"The government will extend active support to companies to help boost their competitiveness through AI-based technologies." - BERNAMA
Related Articles:


south korea
hyundai motor
artificial intellegence
AI
More Like This
People visit the 2024 Beijing International Automotive Exhibition in Shunyi District, Beijing, capital of China, April 25, 2024. The exhibition opened here on Thursday and will last till May 4. (Photo by Xinhua)
People visit the 2024 Beijing International Automotive Exhibition in Shunyi District, Beijing, capital of China, April 25, 2024. The exhibition opened here on Thursday and will last till May 4. (Photo by Xinhua)
World China publishes list of intelligent cars compliant with data security requirements, Tesla included
China unveils list of 76 cars meeting auto data security standards
In this photo illustration, the TikTok app is displayed on an iPhone screen on April 24, 2024 in Miami, Florida. - Photo by AFP
In this photo illustration, the TikTok app is displayed on an iPhone screen on April 24, 2024 in Miami, Florida. - Photo by AFP
World TikTok creators fear economic blow of US ban
US lawmakers argued that TikTok can be used by the Chinese government for espionage and propaganda as long as it is owned by ByteDance.
A man dressed as a clown entertains children at a makeshift school in a camp for displaced Palestinians in Deir El-Balah, in the central Gaza strip on April 27, 2024. (Photo by AFP)
A man dressed as a clown entertains children at a makeshift school in a camp for displaced Palestinians in Deir El-Balah, in the central Gaza strip on April 27, 2024. (Photo by AFP)
World Gaza puppet maker turns tins into toys in ruins of genocide
He hums as he works, knowing his makeshift marionettes will put a smile on the faces of children displaced by the more than six-month genocide in the coastal Palestinian territory.
A visitor experiences domestic brain-computer interface system at the booth of Beijing Tiantan Hospital during the 2023 China International Fair for Trade in Services (CIFTIS) at Shougang Park in Beijing, capital of China. - Photo by Xinhua
A visitor experiences domestic brain-computer interface system at the booth of Beijing Tiantan Hospital during the 2023 China International Fair for Trade in Services (CIFTIS) at Shougang Park in Beijing, capital of China. - Photo by Xinhua
World Brain-computer interface shows improvement in stroke patient recovery - Study
Chinese trial paves way for new stroke therapy