The Vector Institute enters five-year strategic partnership with KT Corporation
March 1, 2023
March 1, 2023
Toronto, ON, March, 2023 – The Vector Institute, an independent, not-for-profit corporation driving research excellence and leadership in artificial intelligence (AI) announced today, a new five-year strategic partnership with KT Corporation (KT), a South Korean company that provides integrated telecommunications and platform services in Korea and internationally.
The new partnership provides an opportunity for collaboration between KT and Vector’s diverse community of AI experts as KT looks to grow its AI research and development on voice capabilities and participate in professional development and AI education. It also allows the company to grow ties within the Ontario and global AI ecosystem as it works towards building a new AI lab in Ontario.
“KT is delighted to be a sponsor company of Vector Institute, one of the world’s top AI research institutes. Through this partnership, KT expects to accelerate its expansion into the global market based on digital platforms. KT plans to apply the latest AI technology to KT AI services through collaborative R&D with the Vector Institute and strengthen employees’ AI capabilities by Vector Institute’s education programs.”
-Soonmin Bae, Head of AI2XL research institute, KT
“I’m proud to welcome KT into our family of sponsor companies. The relationship, and the agreement to develop an AI lab right here in Ontario, is further proof that Canada’s AI ecosystem truly is world class. We look forward to using our experience in both industry and academia to help them grow their employees’ AI knowledge base while offering our workforce-ready talent an international experience right here in Canada, without leaving home.”
– Cameron Schuler, Chief Commercialization Officer and VP Industry innovation, Vector Institute
About Vector Institute:
Launched in 2017, the Vector Institute works with industry, institutions, startups, and government to build AI talent and drive research excellence in AI to develop and sustain AI-based innovation to foster economic growth and improve the lives of Canadians.
Vector’s Three-Year Strategy aims to advance AI research, increase adoption in industry and health through programs for talent, commercialization, and application, and lead Canada towards the responsible use of AI. Programs for industry, led by top AI practitioners, offer foundations for applications in products and processes, company-specific guidance, training for professionals, and connections to workforce-ready talent. Vector is funded by the Province of Ontario, the Government of Canada through the CIFAR Pan-Canadian AI Strategy, and industry sponsors.