Press Release

Gwangju Free Economic Zone Authority (GJFEZ), Gwangju-type artificial intelligence business 157th ~ 163rd business agreement AI companies continue in Gwangju
Writer : Gwangju Free Economic Zone Authority 작성일 : 2023-07-07 13:28

<Translated with Google Translate.>

Gwangju-type artificial intelligence business 157th ~ 163rd business agreement

Artificial intelligence companies continue to run in Gwangju

- Signed business agreements with 7 artificial intelligence companies, including data, platform, and content
- Cooperation in technology development and commercialization to create an artificial intelligence industrial ecosystem in Gwangju
- Corporate CEO “Contribute to job creation by developing it into a world-class artificial intelligence company”
- Mayor Kang “Data center, human resource development, urban demonstration… Gwangju is good for AI companies”

Companies that want to do business in Gwangju, the ‘central city of artificial intelligence’, continue to line up in Gwangju. It is expected that business agreements will be made with companies in various fields such as big data, security, content, and platforms as well as automobiles, energy, healthcare, and culture, which are the main areas of Gwangju City, to create a rich artificial intelligence industrial ecosystem.

Gwangju Metropolitan City (Mayor Gijeong Kang) signed the 157th to 163rd business agreements with 7 artificial intelligence companies including Arisa Korea, PPTech Korea, Kavi, CAS, GenData, Mesacur Company, and Annotation AI at the City Hall Business Room on the 28th. did. The companies decided to actively cooperate in creating an AI ecosystem in Gwangju by relocating corporations or establishing regional offices.

​The signing ceremony was attended by Mayor Ki-Jung Kang, Head of Artificial Intelligence Industry Convergence Project, Jun-Ha Kim, CEO of Arisa Korea, Kyul Lee, CEO of PPTech Korea, Hoon Lim, CEO of PPTech Korea, Eun-Soo Lee, CEO of Kavi, Yeong-Ha Jeon, CEO of CAS, Min-Hyeok Ham, CEO of Gendata, and Ji-Hoon Lee, CEO of Mesakure Company. Director, Annotation AI CEO Yoon Dong-guk attended.

Companies expressed their aspirations to contribute to the creation of new jobs in Gwangju, such as fostering professional manpower, by promoting the development and commercialization of artificial intelligence technology.

​The main contents of the agreement are ▲Promotion of technology development and commercialization for the creation of an ecosystem in Gwangju AI specialized field and implementation of technology/policy consultation ▲Promotion of establishment of Gwangju corporation or regional office to foster talents in artificial intelligence specialized field and job creation ▲Artificial intelligence (AI) Development and operation of various corporate support programs for the creation of an industrial ecosystem, and corporate promotion ▲planning and promotion of professional manpower training and employment programs in the field of artificial intelligence.

Representatives of the companies said, "We will do our best to grow into a world-class company in Gwangju, a city centered on artificial intelligence (AI), through the agreement."

​Gwangju Mayor Kang Ki-jeong said, “It is a tremendous change that companies have been able to find Gwangju on their own six years after Gwangju declared itself a leading city for artificial intelligence (AI).” We will do our best to create concrete results through practical help, which is a possible city center.”

Arisa Korea Co., Ltd. is a real estate investment solution development company using artificial intelligence. We are developing 'Analytics', a real estate investment advisory report service that incorporates real estate experts' know-how and data analysis into artificial intelligence, and 'Asset Manager', an asset management service, for optimal investment opportunities and profit advice.

PPTech Korea Co., Ltd. has plans to develop an artificial intelligence (AI), big data-based analysis, and optimal candidate recommendation platform for the marketing promotion market. As a platform market pioneer with artificial intelligence (AI) technology-based hybrid filtering method for a total solution, major business models include ▲subscription service (trend/analysis) ▲contract-based (matching) fee ▲additional service sales (video production, goods) etc.).

Kavi Co., Ltd. is a company that analyzes the driver's driving behavior and traffic environment based on artificial intelligence (AI) image recognition technology. Its main business models include a ‘safe driving solution’ that prevents traffic accidents by analyzing drivers’ risky driving behavior, and a ‘fuel economy solution’ that reduces fuel costs by improving unnecessary fuel consumption driving habits.

​CS Co., Ltd. is the first information technology (IT) supervision corporation in Korea and is the world's first company that has proven its excellent technology in the field of information technology (IT) governance automation tool development and information system construction. Currently, GRC solution development, security and personal information impact assessment services are the core businesses, and artificial intelligence (AI)-based security and internal control solutions and blockchain-based web 3.0 solutions are being developed.
※ GRC (Governance, Risk Management, Compliance)

As a leading artificial intelligence and data company, Gendata has carried out more than 100 B2B and B2G projects, including building artificial intelligence (AI) data and developing artificial intelligence (AI) models. It plans to build an AI industry ecosystem through quality verification, artificial intelligence (AI) education projects, and the launch of “AI business matching service, semoAI, for all companies in the world” in August this year.

Mesacour Company, Inc. is an application software company based on artificial intelligence (AI) face recognition technology, and has the most reference cases in Korea regarding the introduction of face recognition technology in the 1st financial sector. Major business models include ▲Artificial Intelligence (AI) face recognition engine ‘UFACE’ ▲non-face-to-face online test monitoring service ‘iJANUS OTM’ ▲attendance management service ‘iJANUS myPASS’.

​Annotation AI is a company specializing in big data artificial intelligence (AI) solutions. Two years after its establishment, it obtained a T4 rating from the Technology Credit Evaluation (TCB) and was evaluated as a company that meets the KOSDAQ technology preferential listing conditions. Major business models include ▲ AnnoWiz, a platform specializing in learning data processing ▲ AI dataset quality There is 'AnnoScore', a verification solution, and 'MLWiz Family Solution', an artificial intelligence (AI) lifecycle management and data analysis solution.