Kyowon Group Hosts AI Challenge Competition... Soongsil University and Kyonggi University Joint Team Takes First Place

On the 20th, award winners are taking a commemorative photo at the awards ceremony of the "2nd Kyowon Group AI Challenge" held at the Kyowon Group headquarters in Jung-gu, Seoul.

Kyowon Group announced on the 21st that it held the '2nd Kyowon Group AI Challenge Competition' to discover and nurture talent in the field of artificial intelligence (AI). Kyowon Group held an awards ceremony the day before and selected the final three teams. Winners were granted special hiring privileges and a total prize of 10 million KRW.

Starting with the contest in May and continuing for about two months, this competition was organized to discover business ideas utilizing generative AI technology and to secure outstanding talent in the AI field. A total of 586 participants competed, with 41 advancing to the finals and engaging in fierce competition. Among the finalists, 90% were university (graduate) students and 10% were general participants.

This competition was not limited to solving tasks in specific fields, allowing participants to freely propose ideas. Participants suggested advanced service models or new business ideas by integrating generative AI technology across all business areas of Kyowon Group, including edutech and travel.

As a result of the competition, the joint team 'Apis' from Soongsil University and Kyonggi University, which proposed a learning coaching AI service for university students based on major courses and other university lectures, won first place. The 'SWS' team, which presented a learner-customized AI tutor, and the 'HYPE Yeoneo' team, which introduced a generative AI-based Korean language education service, took second and third place respectively.

Kyowon Group plans to actively promote the commercialization of the winning ideas.

A Kyowon Group official said, "We are pleased to have encountered diverse and creative ideas ranging from AI model development to service planning through this challenge," adding, "We will continue to promote businesses utilizing generative AI, focusing on the ideas selected as excellent works."

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