LG Electronics is deepening its investment in artificial intelligence, launching a new AI Research Lab in Canada and adding to its existing lab in Santa Clara, Calif.
These expansions support the company’s vision of AI as a key future growth engine, it said, while further enhancing its global research capabilities. (It also has AI labs in South Korea, India and Russia.)
“AI will ultimately touch everybody’s lives, transforming the way we live, work and play,” said LG Electronics president and chief technology officer Dr. IP Park. “Early implementations of AI in connected devices today are setting the stage for tomorrow’s smart cities, smart homes, smart businesses and smart devices, all with capabilities that no one has even dreamed of yet.”
LG is also entering into a new research partnership with the University of Toronto, said to be recognized worldwide for its AI and machine learning expertise, particularly in the area of deep learning. Under its five-year, multimillion-dollar research partnership, LG will build on its Open Platform-Open Partnership-Open Connectivity strategy to expand the AI ecosystem.
The new lab will leverage the expertise of researchers at the University of Toronto, who will now have the opportunity to work collaboratively with the company’s growing U.S. and Canadian AI R&D teams.
Complementing this work, LG intends to collaborate with and invest in North American start-ups.