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Headlines · 2
- LG AI Research showcases AI tool for forecasting Korean equity markets
On Bloomberg's The Asia Trade, Tyger Cho, Director of Business Development and Financial Services at LG AI Research, discussed the adoption of artificial intelligence in the financial sector and the company's latest AI tool. According to the interview, that tool forecasts the short-term performance of Korean equity markets. The report gives no model name, technical detail or accuracy figures for the tool.
Bloomberg Technology · 🔥 0 - South Korea proposes $3.49B for a homegrown frontier AI model
South Korea has proposed 4.7 trillion won ($3.49 billion) in government-backed equity investments to develop a homegrown frontier AI model, subject to parliamentary approval. The government also plans a separate funding track to promote Korean-built models across the economy and will open the competition to startups rather than automatically extending support to the current finalists.
The Decoder · 🔥 0
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