Answering AI startup 42Maru (CEO D.K Donghwan KIM) announced that it has signed agreements in the areas of Generative AI services and Hyper-scale AI during a state visit economic delegation to the United Kingdom.
During President Yoon Suk Yeol's state visit to the United Kingdom from November 21st to 23rd, 42Maru CEO D.K Donghwan KIM, who participated in the economic mission, accompanied the delegation and attended various official events, including an official royal welcome ceremony, a reception hosted by British Prime Minister Rishi Sunak, a MOU signing ceremony, a Korea-UK business forum and breakout sessions, and a dinner hosted by the mayor of the London Financial District.
In particular, at the MOU signing ceremony, 42Maru were the only Korean company to sign business agreements with two British companies. First, we signed an agreement with Auquan, a company that develops and services financial AI in the UK and Europe, to jointly develop and promote financial-specific Hyper-scale AI technology. Through the collaboration of Auquan, which has expertise in financial AI and a rich network in the UK, and 42Maru, which has world-class linguistic AI technology and commercialization cases, we will lead the European financial AI market based on Hyper-scale AI.
Cambri, a UK-based brand consulting firm specializing in corporate branding, has signed an agreement to apply 42Maru's Generative AI to its brand consulting SaaS platform to enhance its services and promote joint R&D. In the process of developing brand and product strategies, 42Maru's Generative AI will be used to more effectively communicate the intentions of brands and products to strengthen customer understanding and connection to the brand, and to improve work efficiency by utilizing AI's analytical capabilities to make decisions in a short time, thereby reducing costs and enhancing the market competitiveness of Cambri's SaaS platform.
"The agreements we signed during the UK state visit are more than just business opportunities, they are a major turning point in our development as a global AI company," said D.K Donghwan KIM, CEO of 42Maru. "Our collaboration with Auquan and Cambri is a great example of how Korea's innovative AI technology can position itself in the global market," said Kim. "We look forward to further expanding our global reach, expanding our partnerships in the UK and across Europe, and strengthening our position as a global AI technology leade