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Dongkuk Systems and INEEJI signed an MOU to expand AI-based digital transformation in the steel business
Date 2023.06.02View 909

Dongkuk Systems announced on May 31 that it signed an MOU with AI startup INEEJI to expand AI-based digital transformation of the steel business at its headquarters on the 9th floor of Ferrum Tower.

INEEJI CEO Jaesik Choi developed an AI solution for predicting and controlling the temperature of the AI ​​furnace, which was selected as a lighthouse factory at the POSCO Davos Forum. Founded in 2019, the company specializes in process optimization and predictive maintenance AI solutions and plans to make a seed investment (Pre- series A) Attraction has been completed.

Kim Gwang-seon, CEO of Dongkuk Systems, said, “Since both companies are looking in the same direction, I am confident that if they work together, it will be a successful MOU that can produce practical results.”

Jaesik Choi, CEO of INEEJI (currently head of the Explainable Artificial Intelligence Center at KAIST) said, “I think this is a great opportunity for Ineasy as a startup. In addition to improving Dongkuk Steel Group’s profits, we will be able to create new business opportunities through digital transformation. “It was reported.

Through the MOU, Dongkuk Systems plans to promote the development of innovative AI models and services in fields such as steel manufacturing and logistics through the company's expertise in the steel domain and IT infrastructure and world-class AI technology in the field of industrial process optimization.