Hyundai Heavy Group Joins Hands with Industry, Academia, and Research to Strengthen AI Industry
[Asia Economy Reporter Park So-yeon] Hyundai Heavy Industries Group is stepping up efforts to strengthen the competitiveness of the domestic artificial intelligence (AI) industry.
On the 20th, Hyundai Heavy Industries Group announced that it signed a joint memorandum of understanding (MOU) with KT, KAIST, Hanyang University, and the Electronics and Telecommunications Research Institute (ETRI) at the KAIST main building in Daejeon to enhance the competitiveness of the domestic AI industry, and formed a consultative body called the 'AI One Team.'
According to the MOU, each institution agreed to join forces to enhance domestic AI technological capabilities through ▲ the creation of an AI open ecosystem ▲ the discovery and dissemination of innovative cases applying AI.
The signing ceremony was attended by Jung Ki-sun, Vice Chairman of Hyundai Heavy Industries Holdings (Head of Management Support Office), KT CEO-designate Koo Hyun-mo, KAIST President Shin Sung-chul, Hanyang University President Kim Woo-seung, ETRI President Kim Myung-joon, and Jang Seok-young, 2nd Vice Minister of the Ministry of Science and ICT.
Hyundai Heavy Industries Group will participate as the industry representative company in the 'AI One Team' and will work to expand the 'AI business ecosystem.'
As the world’s No. 1 shipbuilding company and Korea’s No. 1 robotics company, it plans to actively discover AI application cases in industrial sites and jointly develop customized technologies with group affiliates.
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Jung Ki-sun, Vice Chairman of Hyundai Heavy Industries Holdings, said, "I am pleased to participate as a member of the 'AI One Team' together with the country’s top institutions leading the 4th Industrial Revolution," adding, "We will do our best to enable Korea’s manufacturing industry, including shipbuilding and robotics, to take a new leap forward based on the development of the AI industry."
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