LG Group sets up AI research hub for future growth

Seoul: LG Group said on Monday it has established an artificial intelligence (AI) research hub to explore growth opportunities and secure future technologies related with human-like algorithms.

LG AI Research is joined by 16 affiliates of LG Group, including LG Electronics Inc. and LG Chem Ltd., to study AI solutions.

The group will invest 200 billion won ($184 million) in the centre’s research and development (R&D) projects and recruitment of global talents in the next three years.