AI Research

LG AI Research launches upgraded AI model Exaone Path 2.0 to improve cancer diagnosis, treatment options

Published

6 hours ago

July 9, 2025

Bae Kyung-hoon, head of LG AI Research, speaks at a conference held at LG Science Park in Magok-dong, western Seoul, on July 19, 2023. [LG]

LG AI Research on Wednesday unveiled Exaone Path 2.0, its upgraded artificial intelligence (AI) model designed to enhance cancer diagnosis and drug development. The move aligns with LG Group Chairman Koo Kwang-mo’s vision of making AI and biotechnology core growth engines.

Exaone Path 2.0 learns from higher-quality data than the 1.0 version, which was launched in August last year, according to LG AI Research.

It can precisely analyze and predict not only genetic mutations and expression patterns but also subtle changes in human cells and tissues. The institute says this could enable earlier detection of cancers, forecast disease progression and support new drug discovery and personalized treatments.

A key breakthrough comes from new technology that trains the AI not only on small pathology image patches but also on whole-slide imaging. This pushed genetic mutation prediction accuracy to a globally leading level of 78.4 percent.

LG AI Research expects it will help secure the critical “golden hour” for cancer patients by cutting gene test times from over two weeks to under a minute. The institute also unveiled models tailored to specific diseases, including lung and colorectal cancers.

Dr. Hwang Tae-hyun, an expert in AI-driven research in precision oncology, immuno-oncology, cellular therapy and 3D/4D molecular modeling, is a professor at Vanderbilt University Medical Center. [LG]

LG is bolstering this initiative through a partnership with Dr. Hwang Tae-hyun at Vanderbilt University Medical Center, a leading expert in biomedicine. Hwang, a prominent Korean scientist, heads a U.S. government-backed “Cancer Moonshot” project targeting gastric cancer.

LG AI Research and Hwang’s team plan to jointly build a multimodal medical AI platform that utilizes real clinical tissue samples, pathology images and treatment data from cancer patients in clinical trials. They believe this will usher in an era of personalized, precision medicine.

Their collaboration also underscores Chairman Koo’s push to position AI and bio as technologies that transform customers’ lives. LG AI Research and Hwang’s team see this platform as the world’s first attempt to implement clinical AI in this way.

Starting with oncology, the team will expand into transplant rejection, immunology and diabetes research.

“Our goal isn’t just to develop another AI model. We want to create a platform that actually helps doctors treat patients in real clinical settings,” Hwang said. “This won’t just be a diagnostic tool — it has the potential to become a game changer that transforms the entire process of drug development.”

Performance level of LG AI Research’s precision medical AI model EXAONE Path 2.0 [LG]

Translated from the JoongAng Ilbo using generative AI and edited by Korea JoongAng Daily staff.
BY NA SANG-HYEON [[email protected]]

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Avalara rolls out AI tax research bot

Published

18 minutes ago

July 9, 2025

Chris Gaetano

Tax solutions provider Avalara announced the release of its newest AI offering, Avi for Tax Research, a generative AI-based solution that will now be embedded in Avalara Tax Research. The model is trained on Avalara’s own data, gathered over two decades, which the bot will use for contextually aware, data-driven answers to complex tax questions.

“The tax compliance industry is at the dawn of unprecedented innovation driven by rapid advancements in AI,” says Danny Fields, executive vice president and chief technology officer of Avalara. “Avalara’s technology mission is to equip customers with reliable, intuitive tools that simplify their work and accelerate business outcomes.”

Avi for Tax, specifically, offers the ability to instantly check the tax status of products and services using plain language queries to receive trusted, clearly articulated responses grounded in Avalara’s tax database. Users can also access real-time official guidance that supports defensible tax positions and enables proactive adaptation to evolving tax regulations, as well as quickly obtain precise sales tax rates tailored to specific street addresses to facilitate compliance accuracy down to local jurisdictional levels. The solution comes with an intuitive conversational interface that allows even those without tax backgrounds to use the tool.

For existing users of Avi Tax Research, the AI solution is available now with no additional setup required. New customers can sign up for a free trial today.

The announcement comes shortly after Avalara announced new application programming interfaces for its 1099 and W-9 solutions, allowing companies to embed their compliance workflows into their existing ERP, accounting, e-commerce or marketplace platforms. An API is a type of software bridge that allows two computer systems to directly communicate with each other using a predefined set of definitions and protocols. Any software integration depends on API access to function. Avalara’s API access enables users to directly collect W-9 forms from vendors; validate tax IDs against IRS databases; confirm mailing addresses with the U.S. Postal Service; electronically file 1099 forms with the IRS and states; and deliver recipient copies from one central location. Avalara’s new APIs allow for e-filing of 1099s with the IRS without even creating a FIRE account.

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Nvidia becomes first company to be worth $4 trillion

Published

44 minutes ago

July 9, 2025

Steve Kopack

Nvidia is the first company to be worth $4 trillion.

The chipmaker’s shares rose as much as 2.5% on Wednesday, pushing past the previous market value record ($3.9 trillion), set by Apple in December 2024. Nvidia has rallied by more than 70% from its April 4 low, when global stock markets were sent reeling by President Donald Trump’s global tariff rollout.

Tech analyst Dan Ives called Wednesday’s milestone a “huge historical moment for the U.S. tech sector.”

The record value comes as tech giants such as OpenAI, Amazon and Microsoft are spending hundreds of billions of dollars in the race to build massive data centers to fuel the artificial intelligence revolution. All of those companies are using Nvidia chips to power their services, though some are also developing their own.

In the first quarter of 2025 alone, the company reported its revenue soared about 70%, to more than $44 billion. Nvidia said it expects another $45 billion worth of sales in the current quarter.

“Global demand for Nvidia’s AI infrastructure is incredibly strong,” CEO Jensen Huang told investors in a May conference call.

Shares have surged nearly 20% this year on that explosive growth. Its shares are also higher by 1,500% over the course of the last five years. That also led Nvidia to unseat Microsoft in mid-June as the most valuable public company in the world.

A little over two years ago, Nvidia was worth just $500 billion. In June 2023, the company surpassed $1 trillion in value, only to double that by February 2024. Last month, the company’s value hit more than $3 trillion.

Currently trailing Nvidia and Microsoft in the rankings are Apple at $3.13 trillion, Amazon at $2.38 trillion, Alphabet at $2.12 trillion and Meta Platforms at $1.81 trillion.

Still, Nvidia has faced a number of hurdles. In early April, as global markets were plunging on fears about Trump’s global tariffs, the company disclosed that it would take as much as a $5.5 billion hit from Chinese export restrictions imposed by the U.S. government. It ended up having to swallow most of that, with a $4.5 billion hit in the three-month period.

“The $50 billion China market is effectively closed to U.S. industry,” Huang said at the time.

The tech CEO has gained a cult following and become something of a global diplomat for artificial intelligence and Nvidia’s central role in it. In the last few months alone, Huang has made trips to meet with Trump at the president’s Mar-a-Lago club in Florida. Huang has also met with the chancellor of Germany in Berlin, top European Commission leaders and senior lieutenants to President Xi Jingping in China.

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Hungary Boosts AI Research with New Supercomputer at University of Szeged

Published

51 minutes ago

July 9, 2025

Ádám Bráder

Hungary Boosts AI Research with New Supercomputer at University of Szeged – Hungarian Conservative

A state-of-the-art supercomputer designed for artificial intelligence research has been installed at the University of Szeged, marking a major step in Hungary’s digital innovation strategy and boosting its global presence in AI development.

Hungary has taken a major step toward becoming a significant player in artificial intelligence (AI) research with the installation of a cutting-edge supercomputer at the University of Szeged (SZTE). The high-performance system, unveiled on Tuesday, is optimized specifically for AI-focused scientific work and brings the university into the ranks of elite global research institutions.

Government Commissioner for Artificial Intelligence László Palkovics hailed the investment as a transformative milestone. ‘This supercomputer is our entry ticket into a world typically beyond the reach of countries the size of Hungary,’ he said at the inauguration event.

The university has acquired 1.75 petaflops of computing capacity, with additional access to more powerful resources managed by Hewlett Packard Enterprise (HPE), which supplied the technology. According to Palkovics, Hungary has also partnered with Europe’s largest supercomputing centre in Jülich, Germany, to secure access to 10 petaflops of computing power, with the possibility of scaling further. Hungarian-owned computing infrastructure may also be hosted at the German site to provide access to its full capacity when needed.

In a further development, German tech company ParTec AG announced plans for a 3 billion euro investment to build a new data centre in Hungary, which is expected to eventually double the capacity of the Jülich facility. Energy security, political stability, and Hungary’s skilled labour pool were cited as key reasons for selecting the country as the site.

László Bódis, Deputy State Secretary for Innovation at the Ministry of Culture and Innovation, noted that the University of Szeged is a leader in developing Hungary’s innovation ecosystem, contributing both public funding and its own resources. He highlighted ongoing projects such as the Science Park, industrial academic partnerships with pharmaceutical firms, and nuclear waste treatment research.

Managing Director of HPE Hungary Tibor Szpisják emphasized that the supercomputer in Szeged employs the same top-tier technology used by the fastest systems in Europe and among the top three globally. He explained that the supercomputer’s performance can expand indefinitely as more services migrate onto the system.

During the event, SZTE and HPE signed a strategic agreement covering joint research and education initiatives. Szpisják expressed optimism that their shared laboratory will bring new products and services to market.

According to Director of IT Services at SZTE Csaba Fekete the system is tailored for solving complex AI challenges in fields such as medicine, genomics, language models, and transportation. The partnership also gives researchers scalable access to HPE’s cloud computing resources based on project needs.

The total cost of the IT investment was 1.2 billion forints (approx. 3 million euros), with operational costs estimated at 800 million forints over the next five years.

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Ádám Bráder graduated from the Faculty of Humanities of Eötvös Loránd University in 2021 as an English major specializing in English in the Media and Applied Linguistics. From 2017, he worked as an assistant editor at TV2’s news programme. After graduating, he continued his work as an online journalist, which led to him joining the Hungarian Conservative team in 2022.