Latest news with #BaeKyung-hoon
Korea Herald
17-07-2025
- Business
- Korea Herald
New science minister pledges to make Korea AI powerhouse
Science and ICT Minister Bae Kyung-hoon officially began his tenure on Thursday, becoming the first Cabinet minister to take office under the Lee Jae Myung administration. In his inaugural speech at Sejong Government Complex, Bae pledged to lead a national transformation powered by artificial intelligence and advanced science and technology. 'The future of our nation will depend on how we design strategies and respond to the coming wave of innovation and change,' he said. Bae is one of Korea's leading private-sector AI experts. As the founding president of LG AI Research, the artificial intelligence arm of LG Group, he played a key role in spearheading the development of the conglomerate's hyperscale language model Exaone from December 2020 until he was nominated as the new minister. He also served in key government advisory roles related to AI governance and privacy. He previously held the chief position of the AI technology division at LG Uplus and practiced various AI applications at SK Telecom. Bae has earned a Ph.D. in electronic engineering from Kwangwoon University and completed an executive program for AI: Implications for Business Strategy from the Sloan School of Management at the Massachusetts Institute of Technology. The new minister emphasized that Korea, now standing among the ranks of advanced nations, must break away from outdated approaches to achieve its next goals, including raising the country's potential growth rate to 3 percent and joining the world's top five economic powers. He went on to emphasize the need for a bold transformation, saying, 'We must secure a unique competitive edge that no other country can replicate, and bring about a groundbreaking shift through a national transition rooted in AI and cutting-edge science and technology to enhance efficiency and productivity.' Highlighting AI as the driving force of the new era, Bae said its influence is rapidly permeating all aspects of society beyond industry and the economy. To navigate the shift, he proposed fostering top-tier talent, building an innovation-friendly ecosystem and spearheading a nationwide transformation centered on AI and cutting-edge technologies. He outlined four key policy directions: establishing a robust AI ecosystem, revitalizing the research and development innovation landscape, nurturing world-class talent in AI and science, and addressing pressing challenges closely tied to people's daily lives. "To achieve the vision of becoming one of the world's top three AI powerhouses — the first pledge of the People's Sovereignty Government — we will build a robust AI ecosystem and create an environment where AI is accessible to all,' the minister said. He emphasized the importance of establishing AI and digital infrastructure, enhancing cybersecurity systems, securing foundational AI models, promoting AI transformation and supporting AI semiconductors. Bae also announced plans to restore the grassroots-level basic research initiatives that had been phased out, ensuring stable and sufficient R&D funding. 'We will support the adoption of AI within scientific research itself,' he said. In terms of talent development, Bae proposed enhancing support for young scientists, establishing AI-centered universities, and improving working conditions at government-funded research institutes.
Korea Herald
10-02-2025
- Business
- Korea Herald
LG's Exaone AI model matches DeepSeek in cost efficiency: Epoch AI
LG AI Research's hyperscale artificial intelligence multimodal model has been recognized as notable AI by a leading US research institution, especially receiving high marks for cost efficiency, similar to China's DeepSeek. According to a recent report released by Epoch AI, LG's Exaone 3.5 32B model, unveiled in December 2023, has been included in its "notable AI category." Epoch AI, composed of scientists and AI experts, evaluates and selects AI models based on performance, usage frequency and other criteria. This marks the first time in two years that a Korean company's AI model has been recognized in this category. LG AI Research head Bae Kyung-hoon said at a conference hosted by the Ministry of Science and ICT that the model was developed with an investment of about 7 billion won ($4.8 million). This amount is lower than the estimated $6 million that DeepSeek reportedly spent on developing its V3 model. LG's AI research team has optimized the model for practical industrial applications. The initial Exaone 1.0, launched in late 2021, featured 300 billion parameters, but the latest 3.5 model has been scaled down to 32 billion parameters, improving efficiency and reducing costs. The model is currently deployed in LG Group's generative AI service, ChatExaone, and its employees use it. In addition to LG, Korean AI models from Naver and Samsung Electronics, as well as Seoul National University, Korea Advanced Institute of Science and Technology, Yonsei University and Korea University, have been included in Epoch AI's latest list of notable AI models.
