Lunit (328130.KQ) shares have risen more than 10 percent just two days after the company attended a forum hosted by Nvidia.
Lunit's stock currently trades at 16,190 won, up 1,560 won, or 10.66 percent, from the previous day's closing price, according to the Korea Exchange on Wednesday. The gain came two days after the company participated in Nvidia's "AI ecosystem forum," held to mark the visit to Korea by Nvidia CEO Jensen Huang.
Nvidia held the forum Monday at the Shilla Hotel in Seoul to discuss building "sovereign AI" with leaders of major companies and institutions driving Korea's AI infrastructure ecosystem. Sovereign AI refers to a nation's capability to independently develop and operate AI based on its own infrastructure, data, and talent.
As a leading company in the medical AI field, Lunit attended the forum and met with CEO Jensen Huang and other officials to discuss potential cooperation in the medical sector in the sovereign AI era, including a medical-specialized foundation model built on its experience operating national-level screening programs.
Lunit also released "L1," the first result of a "medical science-specialized foundation model" being developed as a government project, as open source. The company formed a consortium with 23 domestic institutions spanning industry, academia, research, and hospitals to develop the model. L1 is a model specialized in clinical reasoning and medical decision-making support.
