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American Focus > Blog > Tech and Science > LG unleashes South Korea’s first open-source AI, challenging global tech giants
Tech and Science

LG unleashes South Korea’s first open-source AI, challenging global tech giants

Last updated: August 31, 2024 10:05 pm
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LG unleashes South Korea’s first open-source AI, challenging global tech giants
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LG AI Research has recently introduced Exaone 3.0, South Korea’s first open-source artificial intelligence model. This launch marks a significant milestone for the country as it enters the competitive global AI landscape dominated by U.S. tech giants and emerging players from China and the Middle East.

The Exaone 3.0 model, boasting 7.8 billion parameters and excelling in both Korean and English language tasks, aims to accelerate AI research and contribute to the development of a robust AI ecosystem in Korea. This strategic move by LG, traditionally known for its consumer electronics, positions the company at the forefront of AI innovation. By open-sourcing Exaone 3.0, LG not only showcases its technological expertise but also potentially lays the groundwork for future revenue streams in cloud computing and AI services.

Exaone 3.0 enters a competitive field of open-source AI models, challenging the likes of China’s Qwen from Alibaba and the UAE’s Falcon. These models have gained significant traction in the industry, with Qwen boasting over 90,000 enterprise clients and Falcon outperforming competitors on various benchmarks. The emergence of these models from Asia and the Middle East underscores a shift in the global AI landscape, challenging the traditional Western dominance in the field.

LG’s open-source strategy mirrors that of Chinese companies like Alibaba, utilizing open-source AI to drive cloud business growth and accelerate commercialization. By offering a powerful, open-source model, LG aims to attract developers and enterprises to its platform, driving adoption of its AI and cloud infrastructure.

Exaone 3.0 comes with notable improvements, including a 56% reduction in inference time, a 35% decrease in memory usage, and a 72% reduction in operational costs compared to its predecessor. Trained on 60 million cases of professional data, with plans to expand to 100 million cases by year-end, Exaone 3.0 demonstrates LG’s commitment to creating a versatile and efficient AI system.

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This move by LG signifies South Korea’s leap into the global AI competition, showcasing the country’s capability to create cutting-edge AI models on a global scale. The success of Exaone 3.0 could lead to new revenue streams for LG and attract international talent and investment to South Korea. Furthermore, the proliferation of open-source models like Exaone 3.0 could democratize access to advanced AI technologies, fostering innovation across industries worldwide.

As the AI race intensifies, the impact of Exaone 3.0 will be measured not only by its technical specifications but also by its ability to catalyze a thriving ecosystem of developers, researchers, and businesses leveraging its capabilities. The coming months will be crucial in determining the success of LG’s ambitious move and its potential to reshape the global AI landscape.

TAGGED:challenginggiantsglobalKoreasopensourceSouthTechunleashes
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