Hancom and Upstage Sign Business Agreement for AI Collaboration... Integrating LLM into Hancom Assistant

Kim Yeon-su, CEO of Hancom (left), and Kim Seong-hoon, CEO of Upstage, are taking a commemorative photo after signing a Memorandum of Understanding (MOU) on the 9th. Photo by Hancom

Hancom Inc. announced on the 10th that it has signed a 'Memorandum of Understanding (MOU) for Strengthening AI Technology Collaboration' with Upstage, an AI technology specialist company.

Through this agreement, they will develop AI solutions combining 'Hancom Assistant' and Upstage's large language model (LLM) 'Solar.'

Hancom Assistant is a product that understands content using AI models tailored to the customer's environment when given natural language commands, and automatically generates documents that meet the intended purpose. It supports various tasks such as document creation and data analysis. Hancom expects that integrating Solar, which embodies Upstage's LLM technology, will significantly enhance natural language understanding and contextual comprehension capabilities.

Kim Yeon-su, CEO of Hancom, said, "This agreement will bring together the document and AI technologies of both companies to create world-class AI solutions. Based on the strengths and technological fusion of the two companies, we will accelerate not only the development of the domestic AI industry but also entry into the global market."

Kim Seong-hoon, CEO of Upstage, stated, "We will continue to focus on technological innovation and lead the global AI market."