Kim Nok-won, CEO of DeepX, Presents Solutions for Power Consumption and Carbon Neutrality at the World Economic Forum

Dalian, China Invited to 'Summer Davos Forum'
Proposal for 'Energy Trading System for AI Computing'

DeepX announced on the 28th that CEO Kim Nok-won participated in the Summer Davos Forum, the annual meeting of the World Economic Forum (WEF), held from the 25th to the 27th (local time) in Dalian, Liaoning Province, China. It was explained that DeepX was the only AI semiconductor company invited to participate in the Summer Davos Forum.

Kim Nok-won, CEO of DeepX, is taking a commemorative photo while participating in the World Economic Forum (WEF).
[Photo by DeepX]

The forum, which marked its 15th edition this year, had the theme "Next-Generation Frontiers for Growth." Representatives from governments, international organizations, businesses, civil society, and academia from various countries discussed six major topics: the new global economy, China and the world, entrepreneurship in the AI era, frontiers for new industries, human capital investment, and the interconnection of climate, nature, and energy.

During the official schedule of the Davos Forum, CEO Kim met with global AI business leaders, government officials from around the world, and representatives of international organizations. He presented agendas on how humanity can address issues such as excessive power consumption and carbon emissions to advance into the AI era and brought these matters into public discussion.

CEO Kim pointed out that AI computation based on existing technologies has already reached its limits in terms of energy consumption. He emphasized that for AI technology to become commonplace across all areas of the economy, society, and culture, the energy consumed by AI computation must be drastically reduced.

As a measure to save energy, he proposed an "energy trading system for AI computation." This system allows institutions that use energy-intensive solutions to purchase energy usage rights, while institutions using energy-efficient solutions sell them. He believed this would enhance energy efficiency and promote technological innovation.

He stated, "The emergence of AI technology with maximized energy efficiency will be a decisive turning point for humanity to evolve into an AI-based superintelligent civilization," adding, "DeepX will contribute to the upcoming AI era transition by proposing and leading global agendas at the World Economic Forum."

Verena Kuhn, Head of Global Innovators at the World Economic Forum, said, "We expect DeepX, which has domain expertise and AI-based innovative technology, to contribute to AI-related initiatives promoted by the World Economic Forum as a global innovator in the future."

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