4 days ago
LG bets on AI as government pushes for 'sovereign' models
Lee Hong-rak, head of research at LG AI Research, discusses the South Korean company's latest artificial intelligence technology in Seoul on July 22.
KIM JAEWON
SEOUL -- South Korea's LG is working with the London Stock Exchange Group (LSEG) to offer artificial intelligence-powered market analysis services to investors by September as the conglomerate leans into its AI strategy.
LG AI Research, the Seoul-based LG's research institute, and LSEG said on Tuesday that they are developing a financial market analysis tool dubbed AI Master Score with Commentary to forecast how asset values will change over the next four weeks based on the group's real time pricing, fundamentals and macro data, plus unstructured inputs like news coverage and company filings.