[Click eStock] "B큐AI, Sales Increase When AI Training Data Market Opens"

On the 18th, IBK Investment & Securities forecasted that VQ AI, a company specializing in AI text data service solutions, will achieve significant sales growth once the AI training data market becomes institutionalized.

VQ AI is an AI and big data service company established in 1998. It provides services such as a data preprocessing technology platform, data supply platform, and news media platform based on AI and big data. The company was listed on the KOSDAQ market in June 2022.

Its main service products include AISURFER and RDP LINE (Real-time Data Pipeline). AISURFER offers a news scrap platform, with copyright sales being its primary revenue source. RDP LINE generates revenue mainly from bulk data for AI training based on news and related data updates.

Analyst Do-Hyun Woo of IBK Investment & Securities explained, "The sales growth rate of VQ AI's flagship service, AISURFER, is steep, and sales from the RDP LINE service have started this year."

In the first quarter of this year, VQ AI recorded sales of 4.1 billion KRW, a 17.3% increase compared to the same period last year. Operating loss was 90 million KRW, narrowing from a loss of 520 million KRW last year.

Analyst Woo stated, "As subscription services for RDP LINE, launched in the fourth quarter of last year, increase, sales will grow steadily along with AISURFER," adding, "The institutionalization of the AI training data market will act as a catalyst for growth."

He emphasized, "The government announced a plan to establish a new digital order focusing on revising copyright systems related to AI utilization at the Cabinet meeting last May," and added, "Considering that the news data owned by VQ AI is the most reliable, if appropriate compensation methods for works used in AI training are established, sales growth will accelerate sharply."

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