Industry-Sponsored Research Week
University-Industry Engagement Advisor

U Toronto partners with LG Electronics on AI research

By David Schwartz
Published: August 7th, 2018

LG Electronics and the University of Toronto have entered into a new research partnership, combining UT’s world-renowned AI and machine learning expertise with the electronic giant’s aspirations to help define consumer and business applications of AI technologies.

The partnership comes on the heels of LG’s growing portfolio of collaborative research in North America, centered around two AI research labs — one in Silicon Valley and the newly launched

LG Electronics AI Research Lab in Canada. LG has additional 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’s President and CTO I.P. 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.” He said the North American labs and LG’s research partnership with the University of Toronto will play a key role in developing source technologies defining that future.

Under its five-year, multi-million-dollar research deal with UT, LG hopes to build on its Open Platform-Open Partnership-Open Connectivity strategy to expand the AI ecosystem. The company, as a complement to that work, also plans to collaborate with and invest in North American start-ups.

“The University of Toronto looks forward to partnering with an innovative global company like LG as our researchers continue to advance the boundaries of artificial intelligence,” commented UT President Meric Gertler.  The presence of such leading, multi-national firms in our innovation ecosystem strengthens opportunities for our faculty, students and start-up companies across a whole range of disciplines.”

Source: SYS-CON Media

Posted under: University-Industry Engagement Week

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