LG Group to invest over $100 mn for advanced AI-tech development in 3 years

LG Group said on Monday it will invest more than $100 million for the next three years to establish massive high-performance computing infrastructure for advanced artificial intelligence (AI) development.

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 of that of GPT-3, currently the world’s largest autoregressive language model created by U.S.-based OpenAI.