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Revolutionizing AI: Korea and US Unite in Groundbreaking Joint Research Platform in New York

Revolutionizing AI: Korea and US Unite in Groundbreaking Joint Research Platform in New York

September 25, 2024 Catherine Williams - Chief Editor News

Establishing a⁣ Joint​ AI Research Platform:⁤ Korea and the US Unite‌ in New York

A groundbreaking joint research platform for ​artificial intelligence (AI) ‍has been launched in New ⁤York, USA,​ marking a significant collaboration between ⁢Korea and the United States. The Ministry of Science and ICT and the National IT Industry Promotion Agency (NIPA) have jointly established the ‘Global AI Frontier Lab’, a hub for innovative AI research and development.

The Korean government⁢ has committed to providing ‌approximately 45 billion won⁢ in research ​and development budget over the next five years, starting this year. In addition,⁣ New York University will contribute ‍approximately 42 billion won in research personnel and in-kind resources, further solidifying⁢ the‌ partnership.

The joint research initiative will focus on three key areas: source AI, trust AI, and medical AI. ​A team of researchers⁢ from Korea will be dispatched to New⁣ York to collaborate ​with their US counterparts, fostering a spirit of international ⁤cooperation and knowledge-sharing.

Renowned AI expert Professor Yann LeCun of New York⁢ University, along with Professor Kyung-Hyun Cho, will serve​ as the first co-directors of the Global AI Frontier Lab. In his ‍opening keynote speech, Professor LeCun highlighted Korea’s reputation as a hub for cutting-edge research in various fields, including theory, algorithms, and ‌robotics.

During the press conference, Professor LeCun shared his insights on ​the current state of AI investment, expressing concerns that government-led initiatives may⁢ not be as​ effective⁤ as investments made by big tech companies. He noted that while countries like France and ⁤the United Arab Emirates are investing heavily in AI technology development, they may not be as competitive‌ as major ⁤tech corporations.

This joint research ⁢platform is⁤ poised to drive innovation and advancement in the field of‌ AI, with the potential to‍ yield significant ⁢breakthroughs⁢ and discoveries. As the Global AI Frontier Lab ‍embarks on this exciting journey, it is expected to make a lasting impact on the world of‍ artificial intelligence.

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