[Concall] Kakao "KoGPT to be released in the second half... Aggressive investment in AI"
Kakao will unveil its proprietary super-large artificial intelligence (AI) model, 'KoGPT' 2.0, in the second half of this year. The company plans to aggressively invest in AI this year to secure competitiveness.
On the 4th, Kakao announced this during its first-quarter earnings conference call. Hong Eun-taek, CEO of Kakao, stated, "We will release the KoGPT 2.0 model and apply it to our services," adding, "The model is specialized in the Korean language and has competitiveness, and we are also open to collaboration with global players."
This year, Kakao has signaled aggressive investment in AI. With increased investments in future growth sectors such as AI, cloud, and healthcare, the company anticipates expenses totaling around 300 billion KRW. AI-related investment costs are expected to peak this year and begin to decrease as early as the beginning of next year.
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Bae Jae-hyun, CEO of Kakao's community investment division, said, "Aggressive and swift responses are necessary in the AI field," and forecasted, "This year, not only AI technology but also cloud costs will increase."
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