Generative AI Portal Ryuten "Expanding Non-English Business in the Middle East and Southeast Asia Next Year"
Press Conference on the 19th... Business Plan Announcement
Rytton Technologies (hereinafter referred to as Rytton), aiming to be a portal based on generative artificial intelligence (AI) technology, plans to expand into non-English-speaking markets such as the Middle East and Southeast Asia next year.
On the 19th, Se-young Lee, CEO of Rytton, held a press conference at the Korea Press Center in Jung-gu, Seoul, to announce the achievements of this year and the business plans for next year.
Rytton recently surpassed 1.4 million monthly active users, and in October signed a business agreement to promote and expand generative AI services based on Microsoft Azure in Korea. In June, it secured 15 billion KRW in Series A funding from Capstone Partners and others, gaining recognition as a generative AI company.
Next year, Rytton will actively enter non-English-speaking countries. It plans to provide customized AI chatbot services in local languages to compete with big tech companies. CEO Lee stated, "Next year, we plan to accelerate overseas business expansion in Japan, the Middle East, and Southeast Asia."
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Additionally, Rytton plans to become a mega platform that allows free use of large language models (LLMs) developed by global companies such as Naver, OpenAI, and Google. On this day, Rytton unveiled a new corporate CI and slogan for its overseas expansion and introduced new services including LLM curation, integrated AI app provision, and the upgrade of Rytton Studio 2.0.
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