LifestyledAI Partners with Dongguk University for AI Advancement

Author: Owen Jenkins Updated: 09-13-2024 09:14 AM

Partnership to Innovate in AI and Healthcare

In a significant development, LifestyledAI Co., Ltd., Dongguk University Startup Technology Institute, and UMUST R&D have signed a Memorandum of Understanding (MOU) aimed at propelling advancements in artificial intelligence (AI) deep tech and healthcare sectors. This agreement signifies a collaborative effort to harness cutting-edge AI technologies, setting the stage for mutual growth and innovation.

Objectives of the Joint Initiative

The collaborative initiative outlines several critical objectives designed to foster growth and exploration. These goals include:

Enhancing AI Technology Development

The joint MOU focuses on cultivating collaboration in AI-based technology development and commercialization. By pooling resources and expertise, the parties involved aim to innovate and enhance various applications of AI, particularly in sectors that intersect with everyday consumer experiences.

Expanding Global Market Reach

Another essential aspect of this collaboration is the establishment of strategies and the provision of technical support for exploring international markets. With the global landscape for technology and healthcare rapidly evolving, these efforts will help facilitate access to diverse markets, broadening the reach of AI applications.

Research and Development Initiatives

A significant portion of the partnership’s efforts will involve joint research and development activities, such as international workshops and seminars. Such initiatives are expected to foster knowledge-sharing and innovation among the parties, motivating them to tackle challenges in AI and healthcare.

Exchange of Expertise and Knowledge

Part of this partnership will include the exchange of research personnel, enhancing collaboration and innovation. By integrating various skills and insights from different organizations, the joint venture aims to create a robust framework for industry-academia cooperation.

About LifestyledAI and Its Vision

LifestyledAI is at the forefront of AI-based innovation, dedicated to redefining customer experiences in fashion and beauty. Notably, their AI Ultra-Real Fitting technology enables highly realistic virtual try-ons, coupled with an accurate body measurement system. Their ambition is to emerge as a global leader in the application of AI image technology, particularly within the e-commerce sector, enhancing user convenience with innovative solutions.

As a resident company in Dongguk University’s Startup Incubation Center, LifestyledAI benefits from a supportive ecosystem that fosters industry collaborations, market expansions, and technology transfers. Their innovations not only transform the fashion landscape but also create significant opportunities within the beauty industry.

Overview of UMUST R&D

UMUST R&D Co., Ltd. stands as a prominent figure in the global healthcare startup arena, focusing on developing advanced healthcare solutions and AI-based medical devices. Their commitment to leveraging state-of-the-art technologies propels them forward in driving changes in the medical industry, significantly contributing to health sector advancements.

Industry Leadership Through Collaboration

The joint efforts of LifestyledAI and UMUST R&D exemplify a dedication to enhancing healthcare accessibility and innovation. By joining forces, the two entities are positioned to lead in developing cutting-edge solutions that transform healthcare delivery.

Voices from Leadership

Jinwan Kim, CEO of LifestyledAI, emphasized the importance of this partnership, stating, "This collaboration will enhance our proprietary AI technologies, accelerating their global reach and contributing significantly to the advancement of AI in both deep tech and healthcare sectors."

Furthermore, Director Gwangho Yoo from Dongguk University articulated the significance of the agreement, noting that it will facilitate a coordinated research and development approach in AI and healthcare, nation enhancing industry-academia cooperation through shared resources.

Kangpa Lee, CEO of UMUST R&D, also expressed enthusiasm about the partnership, reinforcing their commitment to advancing the AI capabilities developed by LifestyledAI. He highlighted the shared vision for implementing innovations in cutting-edge AI medical devices while enhancing global business capabilities.

Frequently Asked Questions

What is the purpose of the partnership?

The partnership aims to advance AI technologies in deep tech and healthcare sectors through collaboration between LifestyledAI, Dongguk University, and UMUST R&D.

What technologies will be developed?

The collaboration focuses on developing AI-based technologies, including medical devices and virtual fashion try-on solutions.

How will this initiative impact global healthcare?

The initiative seeks to enhance the accessibility of advanced healthcare solutions, thereby improving health sector innovations and client service capabilities.

What are LifestyledAI's main products?

LifestyledAI's main innovations include AI Ultra-Real Fitting technology and a precise AI body measurement system, aimed at enhancing the e-commerce experience.

Who are the key leaders involved?

Key leaders include Jinwan Kim (CEO of LifestyledAI), Gwangho Yoo (Director of Dongguk University Startup Technology Institute), and Kangpa Lee (CEO of UMUST R&D).

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