Latest news with #LGCNS
Korea Herald
6 days ago
- Business
- Korea Herald
LG CNS debuts new LLM beating GPT-4o
LG CNS, a Korean information technology solutions provider under LG Group, has partnered with artificial intelligence startup Cohere from Canada to jointly develop a new inference large language model supporting 23 languages, including Korean and English. With 111 billion parameters, the model outperformed leading global LLMs such as OpenAI's GPT-4o and Anthropic's Claude 3.7 Sonnet, the Korean company said. The latest model comes just two months after LG CNS and Cohere unveiled a 7-billion parameter, Korean-specialized lightweight model. Cohere is considered a leading challenger to OpenAI in the global LLM market. According to CNS, the newly released inference LLM is optimized for complex reasoning tasks, which the company aims to utilize for "agentic AI" services, where AI autonomously assesses situations and executes multistep tasks. "With differentiated AI capabilities and competitiveness, we aim to provide specialized agentic AI services tailored to client businesses and become the leading partner in advancing enterprise experience," said Kim Tae-hoon, senior vice president and head of the AI & cloud division at LG CNS. With the addition of the new large-scale, lightweight models co-developed with Cohere and the Exaone model developed by LG AI Research, LG CNS said it is prepared with a full LLM lineup to support customized agentic AI services for clients. To develop the new LLM, LG CNS said it integrated its extensive IT expertise and AI capabilities into Cohere's enterprise-grade LLM, known as Command. The Command model is already in use at major global institutions, including Canada's largest bank, the Royal Bank of Canada. LG CNS said it plans to offer the new LLM in an on-premise format -- models that runs locally on a company's own servers, not on cloud -- reducing risk of external exposure. The company also explained the LLM can run on just two graphics processing units, where as models with over 100 billion parameters typically require at least four, enabling cost-effective deployment. In benchmarking tests such as Math500 and AIME 2024, which evaluate mathematical reasoning and logic, the LLM model jointly developed by LG CNS and Cohere surpassed GPT-4o, GPT-4.1 and Claude 3.7 Sonnet in both Korean and English performance, the company said. The LLM supports 23 languages, including Korean, English, Japanese, Chinese, Hebrew and Persian, LG CNS said. In Korean-lanaguage benchmarks, it demonstrated state-of-the-art performance among on-premise LLMs.
Korea Herald
17-06-2025
- Business
- Korea Herald
LG CNS partners with US robotics firm Skild AI on industrial humanoid robots
LG CNS, a Korean IT solutions provider under LG Group, announced Tuesday it has entered a strategic partnership with US-based robotics company Skild AI to develop industrial humanoid robot technologies. The agreement also includes an investment via LG Technology Ventures, the group's corporate venture capital arm. Skild AI, co-founded by Carnegie Mellon University professors Deepak Pathak and Abhinav Gupta, is recognized for its Robot Foundation Model RFM, which functions as a robot's AI-driven 'brain.' It enables autonomous decision-making by learning from images, text, audio and video data, and is designed for use across a wide range of robotic platforms, both humanoid and non-humanoid. Through the collaboration, LG CNS plans to create AI humanoid robot solutions tailored to industrial settings such as manufacturing and logistics. These robots are expected to perform tasks including facility monitoring, assembly and handling logistics operations. LG CNS also plans to expand applications to urban environments, including senior care and patrol services. The company will offer an integrated robotics service that brings together Skild AI's RFM, LG CNS' platform for robot control and management, and hardware developed in collaboration with manufacturing partners. 'By combining Skild AI's robotics foundation model with LG CNS' solution expertise, we aim to become a leading intelligent AI robotics service provider,' said Lee Jun-ho, head of LG CNS' Smart Logistics and City Business Unit. 'We will drive innovation and help clients achieve smarter operations.' According to a Goldman Sachs report, the global humanoid robot market is projected to grow at an annual rate of 50.2 percent, reaching around $38 billion by 2035.
Cision Canada
27-05-2025
- Business
- Cision Canada
MEXC Ventures at the Forefront of Korea's Blockchain-AI University Innovation Showcase
SEOUL, South Korea , May 27, 2025 /CNW/ -- MEXC Ventures proudly served as a key sponsor of the 2025 Korea University Blockchain Startup Ideathon, held on May 16 at Korea University's Hana Square. Co-located with the National Center of Excellence in SW AI Startup Ideathon, organized under the National Program of Excellence in Software Universities, which includes 48 universities such as Korea University, Hanshin University, KAIST and Yonsei University, the event showcased emerging ideas in blockchain and artificial intelligence from students and early-stage entrepreneurs across Korea. Hosted by Korea University's College of Informatics and jointly organized with the KU Blockchain Research Institute and TokenPost, the blockchain track received 27 team submissions, from which 10 teams were selected through a competitive preliminary review to advance to the final round. Similarly, the AI track saw 36 entries, with 10 finalists selected. Across both tracks, 208 participants registered for the competition. On the day of the final presentations, over 600 attendees—including students, faculty, industry professionals, and investors—gathered to experience the culmination of this large-scale university-driven ideathon. MEXC Ventures served as a premier sponsor of the blockchain track, alongside the Korea Internet & Security Agency (KISA), LG CNS, and Tether. The AI track, organized under the same program, was supported by Koscom and Toss, contributing to a diverse and collaborative innovation ecosystem across both domains. As part of its sponsorship, MEXC Ventures presented the "MEXC Ventures Award" to the team AlchemyLab in recognition of their creativity and potential in decentralized applications. The blockchain track featured several distinguished awards, including the President of KISA Award (Pondmakers), Dean of Korea University College of Informatics Award (ArcSync), and the KU Blockchain Research Institute Award (IPSHOP). Other industry-sponsored recognitions included the Tether Award (Nestyle), along with special prizes for innovation (Q-medicine), convergence (TokenSquare), and creativity (EyeOfTime). Tracy Jin, COO of MEXC Ventures, joined the event as a keynote speaker, delivering a session titled "Catching the Next Wave: How Blockchain and AI Are Shaping Startup Innovation." In her remarks, Jin emphasized: "Today's students aren't just learning — they're building. This new generation is deeply connected to what comes next in technology. Events like this show how universities can be the launchpads for real change, and we're proud to stand alongside Korea University in supporting this movement." The judging panel for the blockchain track included Seolbin Choi, representing MEXC Ventures, alongside respected figures from Koscom, LG CNS, Kim & Chang, and Toss. This event marks MEXC Ventures' first official university-backed blockchain engagement in Korea. The company reaffirmed its commitment to further supporting Korea's blockchain talent pipeline and strengthening bridges between academia and the Web3 ecosystem. In parallel with the ideathon, MEXC Ventures also organized AI x Web3 Connect at the Hana Square Exhibition Hall on the same day. Co-organized with the KU Blockchain Research Institute, the exhibition brought together major players in the AI and blockchain ecosystem for a day of hands-on demos, startup showcases, and industry networking. Projects and companies such as Tether, OKX Wallet, and Avalanche participated in the exhibition, further enriching the event's technical depth and global relevance. About MEXC Ventures MEXC Ventures is dedicated to accelerating blockchain and web3 innovation through investment, project incubation, and strategic partnerships. With the philosophy of "Empowering Partners and Growing Together," MEXC Ventures provides founders with capital, resources, and global network access to help scale their ideas into impactful businesses. Visit MEXC Ventures.
Korea Herald
22-05-2025
- Business
- Korea Herald
LG CNS showcases AI-Enhanced 'PerfecTwin ERP Edition' in the U.S. at SAP Sapphire 2025
SEOUL, South Korea, May 22, 2025 /PRNewswire/ -- LG CNS, a leading AI transformation (AX) company in Korea, unveiled its latest AI-based ERP testing technology at SAP Sapphire 2025, SAP's annual global conference held in Orlando, Florida. SAP Sapphire brings together industry leaders, customers and partners from around the world to explore the latest technologies and innovations powered by SAP. At this year's event, the LG CNS booth showcased the new AI-enhanced version of the company's PerfecTwin ERP Edition, an advanced testing solution based on real transaction data that was introduced at Sapphire 2024. Designed for SAP ERP environments, the solution helps companies ensure smooth data transfers and minimize errors by testing transactional data—such as finance, procurement, and HR—in a virtual environment identical to the new system. By repeatedly verifying real transaction data, it enables near-zero defects upon system implementation or upgrades. The latest edition's AI features generate real transaction test data when the volume of actual data is insufficient. They also ensure privacy and security by identifying and removing sensitive information, such as user data. Additionally, the AI analyzes error patterns and traces root causes to significantly reduce test validation time. LG CNS is a long-time SAP partner offering ERP expertise to enterprise clients. At the event in Orlando, LG CNS and SAP expanded their collaboration to provide clients with a comprehensive set of services to accelerate their transformation to cloud ERP. These services provided by LG CNS include application operations, release version upgrades, application security updates and SAP Business Technology Platform core operations. In addition, LG CNS plans to expand the target countries for these services to the Asia-Pacific and Japan regions and beyond, based on the maturity of the services. This includes the establishment of a delivery center in India later this year to support the global expansion of its ERP operations. Shin Gyoon Hyun, CEO of LG CNS, participated in the SAP Sapphire panel discussion for the second year in a row, sharing insights on cloud ERP transformation, customer success stories, and innovative digital transformation cases. Since establishing joint collaboration plans at SAP's headquarters in Germany in 2023, LG CNS has continued to strengthen its collaboration to drive innovation in cloud ERP services. Earlier this year, the company became the first from Korea to join SAP's Regional Strategic Services Partner (RSSP) initiative for the Asia-Pacific (APAC) region. The RSSP initiative enables LG CNS to scale its SAP practice quickly across the APAC region and work more closely with SAP to deliver joint customer success. "Through continued collaboration with SAP, LG CNS will further strengthen its technical expertise and competitiveness in ERP and continue to support innovation for global clients," said Hanshin Nae, Senior Vice President of LG CNS Enterprise Solutions Division. About LG CNS LG CNS is a leading Korean AX (AI Transformation) company that continues to pioneer various emerging technologies, including AI, cloud computing, big data, and smart engineering, encompassing smart factories, smart cities, and smart logistics, as well as digital marketing. The company also leads the market through innovative system integration (SI) and system management (SM) projects across finance, manufacturing, the public sector, and various other industries. For more information, please visit
Korea Herald
22-05-2025
- Business
- Korea Herald
LG CNS introduces AI-powered ERP solution at SAP Sapphire 2025
Korean IT solutions provider LG CNS announced Thursday the introduction of its enhanced AI-powered enterprise resource planning (ERP) testing solution at the SAP Sapphire 2025 conference, held Monday to Wednesday in Orlando, Florida. Originally launched last year, PerfecTwin ERP Edition is tailored for SAP ERP systems and enables companies to detect potential system errors before going live by using real transaction data and minimizing post-launch delays and disruptions in key business areas such as finance, procurement, and human resources. The latest version features advanced AI capabilities that automatically generate realistic test data when needed and remove sensitive user information. It also identifies error patterns, traces root causes and significantly shortens validation times, thereby improving testing efficiency and accuracy. A long-standing partner of SAP, LG CNS also unveiled new technical support services aimed at accelerating the transition to cloud-based ERP systems. The comprehensive package includes application and platform management, security updates and system version upgrades to ensure stable ERP operations. As part of its global expansion, LG CNS plans to establish an ERP delivery center in India later this year. CEO Shin Kyun-hyun also participated in a panel discussion at SAP Sapphire for the second consecutive year, sharing insights on cloud ERP strategies and digital transformation. Earlier this year, LG CNS became the first Korean company to join SAP's Asia-Pacific Strategic Service Partner Initiative, further solidifying its leadership in the region. 'Through continued collaboration with SAP, LG CNS is strengthening its ERP expertise and competitiveness to support innovation for global customers,' said Nae Han-shin, senior vice president of LG CNS's enterprise solutions division.
