“I hope KAIST will leap ahead to turn into the world’s No. 1 synthetic intelligence (AI) analysis establishment.”
These have been the phrases of encouragement from Kim Jae-cheol, honorary chairman of Dongwon Group, as he pledged a further 5.9 billion gained in growth funds to KAIST on Jan. 16 for AI expertise cultivation and analysis infrastructure strengthening.
This marks Kim’s third donation to KAIST since 2020. Beginning with a 50 billion gained donation in 2020 for the institution of KAIST Kim Jae-cheol AI Graduate College, adopted by 4.4 billion gained in January final 12 months and 5.9 billion gained this January, his cumulative donation quantity has elevated to a complete of 60.3 billion gained.
The third donation took place when Kim discovered that KAIST’s AI analysis degree lately ranked fifth amongst world universities. Kim made the third donation to KAIST, requesting it to raise its AI analysis degree to world No. 1 standing.
When KAIST President Lee Kwang-hyung defined to Kim that “to surpass the 45-member school measurement of Carnegie Mellon College’s AI division, which is evaluated as world-class in the US, KAIST’s AI Graduate College additionally must broaden its school to greater than 50 members and assemble a brand new analysis constructing the place they will concentrate on analysis,” he responded, “I’ll construct the constructing.” This was a call to meet the promise made with the KAIST president.
KAIST plans to take a position Kim’s donation within the building of the AI Schooling and Analysis Constructing, which is anticipated to face funding shortages in the course of the building course of.
The AI Schooling and Analysis Constructing shall be constructed with 8 flooring above floor, 1 basement ground, and a complete ground space of 18,182 sq. meters, with completion scheduled for February 2028. After completion, it’s anticipated to function a world-class AI analysis hub the place 50 school members and 1,000 college students will conduct analysis.
KAIST plans to assemble world-class school at Kim Jae-cheol AI Graduate College to function systematic grasp’s and doctoral packages and domesticate international AI core expertise.
The establishment additionally envisions working instructional packages that embody not solely technical capabilities but additionally character and holistic qualities, main the strengthening of AI competitiveness throughout schooling and analysis.
Kim acknowledged, “I hope this donation will function a small catalyst for the Republic of Korea’s leap ahead as an AI-leading nation,” including, “I count on international core skills to develop at KAIST sooner or later and contribute to strengthening nationwide competitiveness.”
In the meantime, the extra donation settlement ceremony was held at Dongwon Group headquarters in Seocho-gu, Seoul on Jan. 16.
