Masspresso, operator of 'Kwanda', secures 10 billion KRW investment from KT

Strategic Investment Attraction... Creating Education-Specialized LLM

Masspresso (CEO Yongjae Lee), which operates the AI-based learning platform 'Qanda,' announced on the 10th that it has secured a 10 billion KRW equity investment from KT and signed a strategic partnership.

Through this partnership, Masspresso plans to accelerate the development of a lightweight LLM (Large Language Model) optimized for education. Masspresso is evaluated to have a competitive advantage in building education-specialized LLMs. Based on learning data accumulated from 10 million daily problem searches, including learning levels, context, and interactions, as well as technologies that accurately recognize shapes, graphs, and handwriting, it intends to develop a cost-efficient and highly accurate education-specialized LLM model.

Masspresso explained that it will enhance the AI tutor, an AI-assisted teacher based on this LLM, and integrate it into various educational solutions to realize a hyper-personalized learning environment. In fact, last month, it released the beta version of 'Polly,' a generative AI problem-solving tutor incorporating LLM technology. It also aims to expand the AI tutor market by entering the U.S. within this year.

Yongjae Lee, CEO of Masspresso, said, "Through this strategic partnership and investment attraction, we have come closer to our goal of realizing a world-class AI tutor," adding, "We will continue to innovate so that all students worldwide, beyond Asia, can receive hyper-personalized education through Qanda."

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