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2024-08-22 16:28:46
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LG Electronics Invests $10 Million in AI Startup AIF
LG Electronics has announced a $10 million investment in the newly established Alpha Intelligence Fund by SBVA, aiming to promote the development of AI and deep technology startups. The fund has a total size of $130 million and is managed by SBVA, which was previously part of SoftBank Group's SoftBank Ventures and is now operating independently. LG's investment aims to share trends in innovative technology, enhance its own AI capabilities, and collaborate with high-growth potential startups in AI, deep technology, and robotics to explore future business opportunities. Through this move, LG...