Establishment of CPO and Business Consolidation
Release of AI Model ‘Kanana Flag’,
Kakao will establish a Chief Product Officer (CPO) organization to oversee services centered around KakaoTalk. The artificial intelligence (AI) division, previously split into technology and service areas, will be unified to consolidate AI operations. Kakao announced on the 27th that they are restructuring to consolidate capabilities across core business areas.
Previously led by a three-executive system including CEO Jeong Shin-a, CTO Jeong Gyoo-don, and CFO Shin Jong-hwan, Kakao will strengthen its KakaoTalk services by establishing the position of CPO.
The newly created CPO organization will be led by Hong Min-taek, the inaugural CEO of Toss Bank, who is a service expert known for achieving a turnaround and reaching ten million customers through new market exploration and business structure innovation.
Additionally, Kakao has merged ‘Kananax,’ which was divided into AI service and development divisions, into a single organization called ‘Kanana.’ Kakao has also established an AI studio to explore new business opportunities in the AI domain and manage collaborations with partners like OpenAI.
Meanwhile, Kakao has completed development of its proprietary AI flagship model, ‘Kanana Flag,’ and released it on the global academic paper site, arXiv. They also opened their lightweight model ‘Kanana Nano 2.1B’ as an open-source on GitHub.
[Reporter Jeong Ho-jun]