"AI Service Activation" KT and NeoValueProperty Join Hands

[Asia Economy Reporter Koo Chae-eun] KT has signed a Memorandum of Understanding (MOU) for cooperation in real estate development and operation business with Neo Value Property, a real estate development and operation company.

Through this agreement, Neo Value Property's large-scale urban complex cultural space (Alleyway) will be provided with ▲ AI video security service ▲ AI parking service ▲ AI kiosk service ▲ development/application of intelligent building integrated control ▲ AI robot service.

In the future, all spaces developed by Neo Value Property will enable AI-based access systems and parking services. In restaurants and cultural spaces within Alleyway, visitors will be able to encounter AI serving robots and barista robots. KT and Neo Value Property expect to showcase a lifestyle transformed by AI in urban spaces.

Since the launch of the AI speaker Giga Genie in January 2017, KT has expanded its AI business areas from homes to apartments, hotels, automobiles, cafes, and restaurants, integrating AI into various aspects of daily life. This agreement expands the scope to a complex cultural space where customers can enjoy all lifestyles.

Kim Chae-hee, Executive Director of KT AI/Big Data Business Division, said, “Through this MOU with Neo Value Property, KT's diverse AI services can be introduced in various living spaces of customers,” adding, “KT will continue to provide AI services that bring new enjoyment to customers with AI technology that captures their hearts.”

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