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Trillion Labs, a new AI startup from Seoul, has launched with $4.2 million in seed funding aimed at developing a Korean-language large-language model. The funding round was led by Strong Ventures and Kakao Ventures, highlighting the growing interest in AI technology in South Korea. The startup seeks to fill a significant gap in the Korean AI market, which has been dominated by foreign players.
Founded by former Naver research scientist Jay Shin, Trillion Labs plans to create open-source AI models that can be adapted freely. The company aims to leverage South Korea's high-quality data and internet usage to build competitive AI solutions. With plans to expand into Japanese and Chinese models, Trillion Labs is positioning itself as a key player in the rapidly evolving AI landscape.
• Trillion Labs raises $4.2 million to develop Korean-language AI models.
• The startup aims to create open-source AI models for broader accessibility.
Trillion Labs aims to develop a Korean-language LLM to enhance local AI applications.
Trillion Labs plans to release its AI models as open source to encourage innovation and accessibility.
Jay Shin has extensive experience in NLP, which is crucial for developing effective AI models.
The company aims to fill a gap in the Korean AI market by creating accessible AI solutions.
Strong Ventures led the funding round for Trillion Labs, indicating confidence in its potential.
Kakao Ventures is investing in Trillion Labs to support the growth of AI technology in Korea.
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