[Asia Economy Reporter Su-yeon Woo] The Korea International Trade Association (KITA) is accelerating the creation of an AI open ecosystem by partnering with 'AI One Team,' a domestic industry-academia-research collaboration body for artificial intelligence (AI) technology development.


On the 27th, KITA announced that it signed a Memorandum of Understanding (MOU) with AI One Team at the Startup Branch in COEX, Samseong-dong, to expand support for open innovation and proof-of-concept (PoC) testbeds in the domestic AI sector.


AI One Team, launched in February last year to enhance the innovative competitiveness of the domestic AI industry, is an industry-academia-research collaboration body involving KT, Hyundai Heavy Industries Group, LG Electronics, LG Uplus, Dongwon Group, Woori Bank, Korea Advanced Institute of Science and Technology (KAIST), and Electronics and Telecommunications Research Institute (ETRI), among others.


The Korea International Trade Association signed a Memorandum of Understanding (MOU) with AI One Team on the 27th at the COEX Startup Branch in Samseong-dong to expand support for open innovation and demonstration testbeds in the domestic artificial intelligence (AI) sector. From the left: Donggi Lee, Head of Innovation Growth Division at the Trade Association, and Junki Choi, Head of AI and Big Data Business Division at KT / Photo by Korea International Trade Association

The Korea International Trade Association signed a Memorandum of Understanding (MOU) with AI One Team on the 27th at the COEX Startup Branch in Samseong-dong to expand support for open innovation and demonstration testbeds in the domestic artificial intelligence (AI) sector. From the left: Donggi Lee, Head of Innovation Growth Division at the Trade Association, and Junki Choi, Head of AI and Big Data Business Division at KT / Photo by Korea International Trade Association

View original image


At the signing ceremony, Lee Dong-gi, Head of KITA’s Innovation Growth Division, and Choi Jun-gi, Head of KT’s AI and Big Data Business Division, represented their respective organizations to conclude the agreement. Through this MOU, KITA and AI One Team plan to promote ▲discovering and applying AI-integrated business cases through open innovation with startups ▲creating an environment to activate the AI open ecosystem ▲supporting the enhancement of global competitiveness of outstanding AI startups.


Starting in May, KITA will recruit startups that meet the open innovation demands of AI One Team companies and researchers, and provide PoC opportunities for selected collaborative models. Additionally, KITA will jointly support PoC funding with partner organizations such as AI Yangjae Hub and assist in global expansion and investment attraction activities by leveraging its domestic and international networks.



Lee said, "Based on our accumulated experience in expanding open ecosystems and global scale-up, we will do our best to help AI One Team and outstanding startups create engines for innovative growth."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing