Korea East-West Power Expands Domestic AI Ecosystem... Collaboration on NPU and LLM Demonstration

MOU Signed with Furiosa AI and Conan Technology
for Building Domestic AI Infrastructure

Kwon Myungho, President of Korea East-West Power (center), is taking a commemorative photo on the 19th after signing a business agreement with Paek Junho, CEO of Puriosa AI (left), and Kim Youngseom, CEO of Conan Technology. Korea East-West Power.

Korea East-West Power is working to reduce its reliance on foreign-made Graphics Processing Units (GPUs) for artificial intelligence (AI) infrastructure and to expand the domestic AI ecosystem.

On May 19, Korea East-West Power announced that it had signed a 'Memorandum of Understanding (MOU) for Building and Demonstrating Domestic Artificial Intelligence (AI) Infrastructure' with Furiosa AI and Conan Technology.

This agreement was promoted to establish and demonstrate AI infrastructure utilizing domestic Neural Processing Units (NPUs) and Large Language Models (LLMs), at a time when the AI transformation is rapidly accelerating. The aim is to move away from the current foreign GPU-centered environment and expand an AI operation system based on domestic technology.

Under the agreement, the companies plan to: ▲ Build and demonstrate an AI environment based on domestic NPUs and LLMs ▲ Optimize the performance and verify the stability of domestic AI infrastructure ▲ Expand AI application models ▲ Conduct joint research and exchange on AI technology.

In particular, it is considered significant that the domestic AI semiconductor technology of Furiosa AI and the LLM technology of Conan Technology will be combined to jointly verify their potential for industrial applications. By securing demonstration cases centered on the power generation and manufacturing sectors, this is expected to strengthen the competitiveness of the domestic AI industry and accelerate AI transformation in Korea.

Kwon Myungho, President of Korea East-West Power, said, "It is an important role of public enterprises to support the verification of excellent domestic technologies in industrial settings and their expansion into global markets," adding, "We hope this agreement will serve as a meaningful starting point for shifting the AI operation environment from being foreign-centric to one based on domestic technology."

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