LG Electronics opens first overseas AI research lab
[THE INVESTOR] LG Electronics said on Aug. 1 it has opened its first overseas research center devoted solely to the development of artificial intelligence technologies.
The Korean tech giant said the Toronto AI Lab in Canada will carry out various research through cooperation with the University of Toronto starting from September.
LG said it chose the North American country as it has been making significant progress in the field of AI and machine-learning technologies.
The company said it hopes to develop core AI technologies by utilizing related infrastructure in Canada, especially as the industry has been rising as a new growth engine for global tech firms.
LG added it will consider joining forces with Canadian startups as well.
The company first opened an AI research lab in June last year at home and launched an “advanced AI” center under its US-based Silicon Valley Lab earlier this year.
It has been making efforts to bolster its AI business through what it calls its “three-open” strategy, focusing on “open platform,” “open partnership” and “open connectivity.”
By Song Seung-hyun and newswires (email@example.com)