TL;DR:
- KT Corp partners with Jasmine Group to develop a Thai language-based large language model (LLM) for the Southeast Asian market.
- KT Corp shares technology from “Mi:dm,” a cutting-edge AI service, to enhance the Thai LLM model’s capabilities.
- Jasmine Group’s ICT arm, Jasmine Technology Solution, conducts vital market analysis for Southeast Asia and plans to build a GPU farm.
- The Southeast Asian generative AI market is projected to reach $1.41 billion in 2023 and $7.65 billion by 2030.
- KT Corp’s CEO, Kim Young-shub, aims to strengthen Thailand’s AI industry and penetrate the Southeast Asian AI market.
- The partnership encompasses technical collaboration and tailored marketing strategies for Southeast Asia.
- The success of this collaboration has the potential to set new benchmarks in the AI-driven language model market in Southeast Asia.
Main AI News:
In a groundbreaking move, South Korean mobile giant KT Corp has joined forces with Thailand’s communication technology powerhouse, Jasmine Group, to spearhead the development of a cutting-edge large language model (LLM) service centered around the Thai language, squarely aimed at capturing the Southeast Asian market. During a high-level meeting convened at KT’s sprawling central Seoul headquarters, the leadership teams from both entities engaged in extensive deliberations, unveiling a meticulously crafted strategy to realize this ambitious endeavor.
KT Corp, renowned for its technological prowess, stands committed to infusing this collaboration with its state-of-the-art technology stack. Notably, the company is set to share its technological marvel, “Mi:dm,” a hyperscale AI service slated for imminent release this month. The transference of Mi:dm’s capabilities forms the crux of the Thai LLM model’s development, representing KT’s relentless pursuit of crafting a robust and highly efficient language model.
Analyzing Market Dynamics and Building GPU Powerhouse
Jasmine Group, through its ICT systems arm, Jasmine Technology Solution, will play a pivotal role in dissecting the regional market’s intricacies. This market analysis holds the key to deciphering the dynamics and ascertaining the potential for an AI-driven language model service tailored for Southeast Asia. Additionally, Jasmine Group has laid out blueprints for the construction of a dedicated graphics processing unit (GPU) farm, scheduled for initiation in the first half of the upcoming year. This formidable infrastructure will serve as the computational powerhouse essential for harnessing the full potential of the Thai LLM.
The Southeast Asian arena is primed for remarkable growth in the generative AI sector. According to research conducted by global juggernaut Statista, the market is poised to attain a valuation of $1.41 billion in 2023, with an even more remarkable projection of $7.65 billion by 2030. This growth trajectory underscores the escalating significance of AI-driven language models, transcending various industries, including communication technology and content creation.
The vision of KT’s CEO
Kim Young-shub, the visionary CEO of KT Corp, exudes confidence in the partnership with Jasmine Group. He envisions this synergy as a catalyst in solidifying Thailand’s standing in the AI industry. Kim places a strong emphasis on penetrating the burgeoning Southeast Asian AI market, thereby contributing to its exponential growth.
This partnership goes beyond mere technological collaboration; it embodies a holistic approach. Both KT Corp and Jasmine Group are proactively devising marketing strategies finely tuned to cater to the idiosyncrasies of the Southeast Asian market while ensuring compliance with regional AI-related regulations.
This alliance serves as a testament to the boundless growth potential within the generative AI sector and underscores the spirit of international collaboration in the realm of AI technology. By harnessing each other’s strengths, KT Corp and Jasmine Group are on a mission to introduce pioneering language model services to Southeast Asia, ultimately enriching the lives of consumers and propelling businesses in the region.
With the commencement of GPU farm construction in the coming year and the launch of the Thai LLM model in the second half, all eyes will be riveted on this monumental collaboration. The success of this project holds the promise of setting unprecedented benchmarks in the deployment of AI-driven language models within the dynamic Southeast Asian market.
Conclusion:
The partnership between KT Corp and Jasmine Group signifies a strategic move to capitalize on the burgeoning AI market in Southeast Asia. With their combined strengths in technology and market insights, they are poised to drive innovation and accelerate the adoption of language models in the region. This collaboration has the potential to reshape the AI landscape in Southeast Asia, benefiting both companies and the broader market.
