In This Article:
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Efficiently generates high-quality data essential for AI training and easily creates even specialized or hard-to-access data
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Demonstrates improved AI performance, excelling in the mobility, defense/military, and security/surveillance sectors
SEOUL, South Korea, Jan. 2, 2025 /PRNewswire/ -- NAVER D2SF, the Corporate Venturing Capital (CVC) of NAVER, proudly announced that its portfolio company, GenGenAI, has received the Innovation Award at CES 2025.Specializing in AI synthetic data technology, GenGenAI secured investment from NAVER D2SF just three months after its founding, demonstrating its exceptional technological capabilities.
GenGenAI (CEO Cho Ho-jin) plans to showcase various synthetic data generation results, including its award-winning entry, at the Seoul Pavilion located within CES 2025's Eureka Park. The company has developed a synthetic data generation platform, "GenGenStudio," tailored for diverse sectors, such as mobility, defense/military, and security/surveillance, leveraging domain-specialized generative AI technology.
GenGenStudio is designed to efficiently generate data essential for AI training, which would otherwise demand significant costs and human resources to gather. It can shorten data collection time by over 90% and reduce costs by more than 50%. Moreover, the platform can easily generate data for unexpected scenarios that are typically challenging to collect.
In particular, GenGenStudio enables the creation of driving data essential for the development of autonomous driving and Advanced Driver Assistance Systems (ADAS), including data on pedestrians, vehicles, global road signs, animals, and accident scenarios. Additionally, it allows users to freely adjust variables such as season, weather, time, and background.
Meanwhile, in the defense and military industries, GenGenStudio can generate data for ship/fighter target recognition and friend-or-foe identification. It can also be used in the CCTV, security, and surveillance sectors to generate data for detecting emergencies or explosives.
Currently, GenGenAI is rapidly expanding its client base both domestically and internationally. In the mobility sector, GenGenAI is collaborating with automakers and parts suppliers. In the defense and military industries, it maintains close partnerships with organizations including the Korean Army, the Agency for Defense Development (ADD), Hanwha Systems, Korea Aerospace Industries (KAI), and SK Telecom (SKT). GenGenAI's collaboration is also underway in the security and surveillance sectors with Nota AI and Hanwha Vision, among others.
