South Korean telecom giant KT Corp. on Tuesday unveiled Mi:dm, a generative artificial intelligence (AI) service for corporate clients, at its Seoul-based R&D center. The generative AI service is a large language model (LLM) trained on more than one trillion tokens, the largest volume among Korean AI services. A token is the basic unit of text or code that an LLM uses to process and generate language. Mi:dm, meaning "belief" in Korean, is a private LLM that corporates can customize for their business's needs. "We don't mean to compete with global big techs (who provide services to individual users) in the generative AI market. We will  lead the era of giant AI for corporate clients," said Choi Joon-ki, the head of AI and big data business at the mobile carrier.  "We aim for double-digit market share in the local private LLM market, with more than 100 billion won ($74.1 million) in revenue within three years," he added. The Korean private LLM market is expected to grow from its current 300 billion won to 800 billion to 900 billion won by 2026, according to KT.  (ICE SEOUL)

Fonte notizia: The Korea Economic Daily