Flitto Signs MOU with WiseNut for Joint AI Technology Research and Collaboration

AI language data specialist company Flitto announced on the 10th that it has signed a Memorandum of Understanding (MOU) for joint research and cooperation on generative AI technology with AI agent company Wisnut.

The agreement was signed on the 7th at Flitto's Japan branch located in Shibuya-ku, Tokyo, Japan, with executives from both companies in attendance. They plan to conduct joint research and development (R&D) using advanced AI technology and collaborate to build a generative AI ecosystem.

The signed agreement includes key items such as ▲ joint research and shared use of domain-specialized encoding methods for LLM (Large Language Models) ▲ launching a common product combining Flitto’s real-time interpretation and translation system with Wisnut’s RAG (Retrieval-Augmented Generation) and joint sales ▲ conducting language data construction and localization projects for the Japanese market.

Flitto creates various business opportunities by combining multilingual language data with AI technology. It develops industry-optimized customized AI translation technology to improve the quality of interpretation and translation systems. By integrating RAG, it plans to advance automated translation content generation technology. Flitto provides innovative AI language data solutions applicable across various industries, strengthening its global competitiveness.

Flitto CEO Lee Jung-soo said, “We expect this agreement to lead to differentiated synergy through the combination of high-quality language data and advanced AI technology,” adding, “We hope this will be an opportunity to elevate the capabilities and recognition of K-AI technology in global markets such as Japan, Southeast Asia, and North America through close cooperation between the two companies.”

Wisnut CEO Kang Yong-sung emphasized, “This will be the first step in creating a dominant market trend,” and stated, “We will succeed in domestic and international collaborative projects through Wisnut’s RAG and generative AI technology combined with Flitto’s language data technology and global business know-how.”