Lotte Innovate, Kolon Benit to cooperate on AI Solutions
The two companies aim to supply AI solutions to various industries such as manufacturing, finance, chemical, and fashion
By Apr 15, 2024 (Gmt+09:00)
S.Korea's LS Materials set to boost earnings ahead of IPO process
NPS to commit $1.1 billion to external managers in 2024
Samsung shifts to emergency mode with 6-day work week for executives
Samsung Heavy Industries succeeds autonomous vessel navigation
Korean battery maker SK On expects business turnaround in H2
South Korea’s Lotte Innovate (formerly, Lotte Data Communication Co. ) announced that it signed a memorandum of understanding (MOU) with Kolon Benit to bolster the artificial intelligence (AI) business, according to the company.
The two companies aim to expand their AI business channels in domestic and overseas markets.
Both sides plan to supply AI solutions to various industries, including manufacturing, finance, chemicals, and fashion.
Lotte Innovate will secure business channels by supplying AI platforms, consulting services, and AI chatbots through Kolon Benit's network of over 1,000 partner companies.
They will use the AI Alliance, an international AI-centered open-source community, to target overseas markets.
Write to Kyung-Ju Kang at qurasoha@hankyung.com
-
Future mobilityLotte Data Communication, Lotte E&C, UK Skyports tie up for VTOL
Apr 14, 2023 (Gmt+09:00)
1 Min read