LG Group has established an AI research hub to explore business opportunities and future technologies. The hub, having the participation of LG’s 16 affiliates, will have an investment of $184 mn in the R&D projects and recruitment in the next three years. LG expects the centre to solve business-related problems i.e life expectancy for rechargeable batteries, new drug discovery etc. The hub will hire 100 people by next year and aim to foster another 1,000 AI experts by 2023.

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