South Korea's cross-industry artificial intelligence alliance was launched, with members including leading companies such as Hyundai Motor and LG Electronics

2023-07-25 07:07:49

According to the Korea Herald, on July 25, the Ministry of Trade, Industry and Energy of South Korea stated that a group of leading companies in 10 major industries in South Korea, including automobiles, shipbuilding, batteries, robotics and steel, agreed to establish an artificial intelligence alliance to use the latest AI technology to establish connections and cooperate in cross-industry value chains, thereby enhancing competitiveness.

It is reported that the Industrial AI Alliance is composed of the Ministry of Trade, Industry and Energy, public organizations and more than 400 domestic enterprises including 20 large companies. Industry representatives include Hyundai Motor Group, LG Electronics, Hyundai Steel, LG Energy Solutions, Samsung SDS and SK C&C. To enable the rapid adoption of AI technologies across industries, the consortium will operate through three technical subcommittees: mobility, mechanics and optimization. The coalition will also operate through two policy subcommittees, one for industry data and one for laws and regulations.

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