LG GROUP TO INVEST $100M FOR ADVANCED AI TECH DEV’T

LG Group, South Korea's fourth-largest conglomerate, said Monday it will invest more than $100 million in the next three years to establish massive high-performance computing infrastructure for advanced artificial intelligence (AI) development, Yonhap News Agency reported.

LG AI Research, the group's AI R&D hub, plans to develop a "hyper-mega AI" system resembling a human brain that can conduct comprehensive and independent learning, decision-making, and actions by processing massive amounts of data. To set up such an AI system, LG will establish top-class computing infrastructure that can perform 95.7 quadrillion calculations per second.

In the second half of the year, LG plans to unveil its hyper-mega AI system that has 600 billion machine learning parameters, more than triple that of GPT-3, currently the world's largest autoregressive language model created by US-based OpenAI.

Parameters play a similar role as synapses in the human brain that connects neurons to learn and memorize information. Bigger parameters mean better AI intelligence.

While GPT-3 can create essays and have conversations like humans, LG said its advanced AI system will be able to not only learn languages but also understand images and videos with enhanced data inference capabilities.

LG AI Research, which is joined by 16 group affiliates, including LG Electronics Inc., also plans to develop an AI model with trillion-scale parameters by the first half of 2022.

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