Kim Young-jip, director of Gwangju Technopark (Gwangju TP), announced that he would contribute to constructing a neighborhood artificial intelligence (AI) start-up ecosystem by making a fund price 500 billion won this yr.

Director Kim Young-jip said on the sixteenth that “Gwangju has an efficient means called AI investment fund,” and added, “We are going to increase it from 100 billion won last yr to 500 billion won this yr to speed up the attraction of firms.”

Gwangju TP created an AI fund price 100 billion won with Gwangju City last yr. Director Kim said, “With a purpose to run an organization easily, three things are needed: ▲manpower procurement ▲space construction ▲R&D fund creation.” We are going to create a financial support plan price 500 billion won,” he said.

Particularly, it’s analyzed that attracting firms through funds is more urgent as the primary stage of the Gwangju artificial intelligence complex development project is to be accomplished in 2024.

As well as, it was announced that this yr, it will focus its capabilities on forming the governance of data, industry, academia, and research. Director Kim said, “Up to now, when the Ministry of Trade, Industry and Energy, Technopark took a part of the function of a base for regional industrial innovation, but over the past 10 years, this function has weakened, and every institution has been seen moving individually.” We’re planning to assemble institutions and launch a consultative body for branch, industry, academia, and research in March.”

As well as, to systematically support the consultative body, it was announced that a separate ‘region, industry, academia, and research data platform’ was formed. to share information.

“The event of the platform has been accomplished, and we’ll start operating the info platform in earnest this yr,” said Director Kim. “If the platform works, corporate support will naturally be strengthened.”

Meanwhile, he also told an episode that he gained confidence and vision for ‘AI Gwangju’ while visiting Silicon Valley in the USA in January. He said, “There was a proposal from the Google subsidiary to deal with fostering talent, and it seemed that Gwangju was deeply impressed with its pursuit of an ‘AI-centered city’.”

He said, “While technology innovation is going down in lots of countries around the globe, firms must make efforts for brand spanking new technology development in addition to management innovation.” He added, “It is very vital to deal with exports. I’ll work hard to develop a market, so I hope that firms will broaden their horizons and actively strive to advance overseas.”

Reporter Hojeong Na hojeong9983@aitimes.com