leftcenterrightdel
KT CEO Kim Young-shub (fourth from right) and Jasmine Group chief Pete Bodharamik (fourth from left) pose for a photo after holding a strategic partnership meeting for the generative AI business at the KT headquarters in Central Seoul on Oct. 19, 2023. (Photo: Yonhap)

As reported by the RoK’s Yonhap News Agency, heads of the two companies held a meeting at KT's headquarters in Central Seoul on October 19 and agreed to jointly create a Thai language-based LLM model and devise a marketing strategy for the Southeast Asian market and a response to artificial intelligence (AI)-related regulations in the region.

The discussion came after KT and Jasmine Technology Solution – Jasmine Group's ICT systems arm – signed a memorandum of understanding for the project last month.

KT said it will share technologies used for creating Mi:dm, the company's hyperscale AI service to be released later this month, to develop the LLM model for Thailand, while Jasmine Group will analyze the regional market and build a graphics processing unit (GPU) farm to power the LLM.

The two companies plan to construct the GPU farm in the first half of next year and start creating the Thai LLM in the second half.

The volume of the generative AI market in Southeast Asia is expected to reach 1.41 billion USD in 2023 and sharply grow to 7.65 billion USD by 2030, according to global research firm Statista.

Source: VNA