The Korea Technology Finance Corporation (KIBO) is accelerating innovation in technology evaluation by linking up with OpenAI's generative artificial intelligence technology.
KIBO signed a "Mutual Cooperation MOU for Activating the AI Ecosystem" with OpenAI on Nov. 26 at the JW Marriott Hotel in Seocho-gu, Seoul, the corporation announced Thursday.
The agreement was designed to support the growth of domestic AI startups through AI technology cooperation and to expand the foundation for AI utilization in the public sector.
OpenAI is a global AI company leading digital transformation and AI ecosystem development across industries through various AI products, including ChatGPT and the coding agent Codex.
Under the agreement, the two sides plan to cooperate in various areas, including the use of generative AI in AI-based technology evaluation systems, mutual cooperation for building AI models in the public sector, and support for the domestic AI startup ecosystem through discussions on AI use cases in the finance and investment sectors.
KIBO plans to enhance evaluation efficiency by linking its technology evaluation expertise with OpenAI's generative AI technology, further accelerating innovation in AI-based technology evaluation.
Since 2021, KIBO has operated AIRATE, an AI-based technology evaluation system that combines expert opinions with AI technology, based on the analysis of more than 330,000 technology evaluation data points accumulated through its technology evaluation activities.
KIBO has filed a patent for its "AI-based technology innovation information" technology, which provides customized technology information based on a company's existing technologies, and is using this as a springboard to fully pursue the credit information business.
The patent application secures rights to core technologies such as AI-based technology classification algorithms and the generation of technology innovation information, and aims to provide differentiated credit information services based on corporate technology data.
