A coalition involving KT, LG Electronics, and LG Uplus will create an open innovation platform called "AI One Team" to bring AI technologies a higher level.
The members also plan to seek new business opportunities by exchanging AI technologies and compatible solutions.
The three tech companies have invited other entities to join the group, including the Electronics and Telecommunications Research Institute of the ICT Ministry, Hanyang University, Korea Advanced Institute of Technology, and Hyundai Heavy Industries Holdings.
KT is expected to provide its self-developed AI engines for conversation, foreign language translation, customer consultation, text-to-speech, speech-to-text, keyword spotting, and a nationwide 5G network.
The main role of LG Electronics is to develop new solutions for a variety of consumer electronics by utilizing KT's infrastructure and AI engines.
KT's AI speaker GiGA Genie may be integrated into LG's ThinQ smart home appliances currently joined by foreign AI giants like Google and Amazon.
Using KT's global pandemic prevention platform, the three firms could cooperate on an AI-powered solution that could predict and counter pandemics like COVID-19.
The other coalition being formed among tech firms in South Korea under the government's initiative to make the country an AI powerhouse involves SKT, Samsung, and Kakao.
The latter three firms will focus on making their own voice-activated AI speaker and related platforms compatible.
As part of the looming collaboration, SKT and Kakao had tied-up through a 300 billion won equity exchange in October.


Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
Instagram Outage Disrupts Thousands of U.S. Users
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings
Sam Altman Reaffirms OpenAI’s Long-Term Commitment to NVIDIA Amid Chip Report
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 



