LG Uplus announced on the 2nd that it is partnering with Korea Credit Bureau (KODATA) to jointly develop an AI foundation model specializing in corporate and financial sectors. KODATA, a corporate information specialist, owns data from over 14 million companies in Korea and has the infrastructure to analyze a variety of data including financial status, credit ratings, and real estate ownership.
The two companies will develop the “corporate and financial specialized AI foundation model” by combining LG AI Research Institute’s large-scale language model “EXAONE” with domain-specific training technology applied in LG Uplus’s “ixi-GEN.” They plan to introduce customized AI services, such as corporate and financial agents that can explore company information through conversation and generate reports automatically, enhancing the work efficiency of financial industry professionals and corporate clients.
To enhance performance in the corporate and financial sectors, DACP technology, which improves AI model accuracy and domain understanding by additional training with industry-specific data, will be applied in this model. This technology will be used to create models optimized for each industry sector.
Han Young-seob, head of LG Uplus AI Tech Lab, stated, “We aim to innovate customer experiences through technology,” and with this joint development, they will provide AI services specialized in the financial and credit domains, delivering a trustworthy experience to users. Jeong Young-hoon, LG Uplus’s corporate AI business manager, expressed that the collaboration with KODATA allows them to implement AI services that provide practical assistance in the financial field and create new business opportunities with AI technology tailored to industry-specific customer demands. Lee Rae-hyung, head of AI transition at KODATA, noted that the combination of KODATA’s data expertise and LG Uplus’s AI technology will provide a new digital experience for financial customers and that they will continue to cooperate for the advancement of financial AI agents.