LG has introduced EXAONE 2.0, a versatile AI software for professionals.

LG has introduced EXAONE 2.0, a versatile AI software for professionals.

The Rise of LG’s EXAONE 2.0: Advancing the Blockchain Industry

LG Group, a South Korean conglomerate, has recently unveiled an upgraded version of its Artificial Intelligence (AI) software, known as EXAONE 2.0. This new release marks a significant leap forward in the blockchain industry, showcasing the potential of AI and its applications across various businesses.

Key Features of LG’s EXAONE 2.0

EXAONE 2.0 is referred to as a hyperscale AI, as it possesses the ability to think, learn, and make decisions autonomously, much like the human mind. This achievement was made possible by training the software with an extensive dataset and developing the necessary infrastructure to support its computational capabilities. LG trained the new model using approximately 45 million theses and 350 million images, enabling it to understand and process information effectively.

One notable feature of EXAONE 2.0 is its bilingual and multi-modal model, allowing it to comprehend both Korean and English languages, as well as images. This versatility provides LG with a competitive advantage over its domestic counterparts, such as Samsung and Hyundai.

Compared to its predecessor, EXAONE 2.0 boasts significant improvements in its language model. These enhancements include enhanced performance, reduced processing time, cost savings, and improved memory usage. The software now experiences a 25% reduction in inference processing time and a 70% decrease in memory usage, resulting in estimated cost savings of 78%. These optimizations make EXAONE 2.0 highly efficient and economical in its operations.

LG has integrated EXAONE 2.0 into its EXAONE (Expert AI for Everyone) platform, offering three distinct services: Universe, Discovery, and Atelier. The Universe service caters to professionals across various industries, providing evidence-based answers and multimodal expression of information. Discovery focuses on the chemical and biological fields, aiding in the development of new materials, substances, and drugs. Lastly, the Atelier service combines languages and images to deliver comprehensive AI solutions.

According to Kyunghoon Bae, the Head of AI Research at LG, the company’s success in commercializing a bilingual and multi-modal model sets them apart from other Korean companies. Bae emphasized the importance of proving AI technologies through real-world applications, highlighting LG’s commitment to driving advancements in the industry.

Diverse Applications and Demonstrations

LG’s EXAONE 2.0 has already showcased its capabilities through various applications and demonstrations. For instance, the software has been utilized to analyze conversations between call center employees and customers, assisting in diagnosing issues with malfunctioning washing machines. It has also demonstrated its creativity by generating catchy slogans for advertising cosmetics.

Expanding into Multiple Industries

LG has ambitious plans to deploy EXAONE 2.0 across multiple industries, commencing this year. The software’s features will also be made available to the general public for free, further democratizing access to AI capabilities. Additionally, LG intends to collaborate with its affiliates, including LG Chem Ltd. and LG Display Co., to enhance the model’s functionality. To support its advancements in the field, the company is actively recruiting AI talent from different countries and has already established an AI center in Michigan.

In conclusion, LG’s introduction of EXAONE 2.0 represents a significant milestone in the blockchain industry. The software’s hyperscale AI capabilities, coupled with its bilingual and multi-modal model, open up exciting possibilities for various industries. Through its EXAONE platform, LG provides professionals with innovative AI solutions, while also addressing the needs of the general public. As LG continues to push boundaries and collaborate with industry partners, the impact of EXAONE 2.0 is poised to revolutionize the way we approach AI-powered technologies.