Kakao Enterprise Signs AI Technology Business Agreement with Korean Intellectual Property Office

[Asia Economy Reporter Bu Aeri] Kakao Enterprise's artificial intelligence (AI) technology will be utilized in the patent field.

Kakao Enterprise announced on the 9th that it will sign a memorandum of understanding (MOU) on AI technology cooperation on the 10th at Kakao Pangyo Office, attended by Park Won-joo, Commissioner of the Korean Intellectual Property Office, and Baek Sang-yeop, CEO of Kakao Enterprise.

Kakao Enterprise plans to provide its AI technology to the Korean Intellectual Property Office to discover new services in the patent sector and improve the efficiency of patent-related tasks.

Since 2017, Kakao Enterprise has been offering 'Kakao i Translation (Beta)' through the portal Daum and KakaoTalk channels, applying the Kakao i translation engine.

The translation supports 19 languages and demonstrates high-quality translation even for long sentences by utilizing broad contextual information and effectively learning the relationships between nearby and distant words. It also provides features that distinguish between informal and honorific speech and emphasize important words in the translation results.

Following translation technology, AI technologies such as search and chatbots will also be provided. A patent-related search system will be established, and chatbot consultation and support systems for human agents will be used to offer convenience to users.

Commissioner Park said, "We will strive to provide advanced AI services by utilizing Kakao Enterprise's technology so that this MOU becomes a model case of cooperation between the private and public sectors."

Baek Sang-yeop, CEO of Kakao Enterprise, stated, "By providing AI technology, we will support the data-driven decision-making system promoted by the Korean Intellectual Property Office and contribute to advancing services in the patent field. Based on the Korean Intellectual Property Office's big data and expertise, we will jointly develop the world's best AI technology in the protection and utilization of intellectual property rights."

This content was produced with the assistance of AI translation services.