LG AI Research Institute Celebrates 1st Anniversary, Unveils 'ExaOne'... Announces Expansion of Massive AI Ecosystem

Baek Gung-hoon, head of LG AI Research Institute, is delivering the keynote speech at the LG AI Talk Concert held on the 14th. (Photo by LG)

[Asia Economy Reporter Jeong Hyunjin] LG AI Research Institute, the ‘core weapon’ of LG Chairman Koo Kwang-mo’s future new business, has unveiled the super-large artificial intelligence (AI) ‘EXAONE’ and announced plans to expand the global super-large AI ecosystem. Starting with actively applying ‘top 1% level expert AI’ to LG’s entire group businesses, it aims to expand its applications in alliance with global partners and ultimately popularize super-large AI.

On the 14th, LG AI Research Institute celebrated its first anniversary by holding an online ‘LG AI Talk Concert,’ where it unveiled EXAONE and announced major research achievements and future plans. Super-large AI is designed similarly to the human brain structure, enabling it to think, learn, and judge like a human. EXAONE stands for ‘EXpert Ai for everyONE.’ LG AI Research Institute has been researching super-large AI since May.

EXAONE possesses about 300 billion parameters, the largest in Korea (where data learned through deep learning by AI is stored), and has multi-modality capabilities that can acquire and handle various information related to human communication, including language, images, and videos. As multi-modal AI technology advances, AI can go beyond acquiring and understanding data to reasoning and creatively generating across sensory domains such as vision and hearing.

LG AI Research Institute plans to make EXAONE, the super-large AI, function as a top 1% level expert AI in virtually all fields such as manufacturing, research, education, and finance. This will be done in three stages to create a global super-large AI ecosystem. First, it has opened an open API, a gateway to use EXAONE, to LG affiliates so that super-large AI can be applied across LG’s businesses including electronics, chemicals, and telecommunications. LG affiliates are already applying EXAONE to chatbot advancement, new material and substance discovery, and more. A representative from LG AI Research Institute said, “Unlike existing AI, EXAONE reads and analyzes literature by itself, builds databases, and allows highly skilled personnel to focus their time on more valuable tasks rather than simple work.”

Subsequently, LG AI Research Institute plans to form alliances with various global partners in finance, fashion, distribution, education, and other sectors to broaden the application areas of super-large AI. To address the critical issue of data security in this process, the institute has independently developed an algorithm called ‘EXAONE Tuning.’ Ultimately, the AI Research Institute is also considering ways to build a win-win environment through popularization by making super-large AI accessible not only to some companies but also to the general public.

As a representative future new business of LG, LG AI Research Institute was launched in December last year with active support from Chairman Koo. It plans to invest 200 billion KRW over the next three years to develop technology and aims to increase the number of AI experts within the group to around 1,000 by 2023.

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