Lotte Construction Launches AI Dedicated Team 'AGI Task Force'

Lotte Construction announced on the 10th that it has launched the ‘AGI Task Force Team (TFT),’ an AI-dedicated organization composed of research and development (R&D) personnel and business division staff.

Lotte Construction receiving 'AI Strategy Consulting' at the launch event of the 'AGI TFT' held on the 3rd at the headquarters in Jamwon-dong, Seocho-gu, Seoul.
[Photo by Lotte Construction]

AGI (Artificial General Intelligence) refers to AI that has evolved beyond solving problems under specific conditions to AI that can be broadly applied in a wider range of situations.

The AGI TFT held its official launch event on the 3rd at Lotte Construction’s headquarters in Jamwon-dong, Seocho-gu, Seoul, with about 30 team members and key stakeholders from Lotte Data Communication and the global consulting firm PwC in attendance. At the event, PwC presented the ‘Lotte Construction AI Execution Plan’ that the AGI TFT should lead for future business, and Lotte Data Communication conducted a ‘Consulting on AI Strategy Establishment Based on Core Construction Business.’

Going forward, the AGI TFT plans to promote activities such as ▲ AI work automation ▲ securing smart AI technologies ▲ expanding new business AI services to secure competitiveness in new businesses.

Joo Young-su, Executive Director of Lotte Construction’s Strategic Planning Division, said, “Moving away from the traditional methods of the construction industry, AI integration using Lotte Construction’s technical data must be achieved based on organizational culture, understanding of new industries, and understanding of AI.”

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