While Gwangju City is actively fostering the artificial intelligence (AI) industry as a future strategic industry, an investment fund worth 100 billion won has been created to invest in companies in this field.

The Gwangju Metropolitan Government said on the 3rd, "The artificial intelligence investment fund was jointly invested by the Artificial Intelligence Industry Convergence Project and Gwangju Techno Park, and DT & Investment, COLOPL NEXT and LSK Investment were selected as operators to create a total of 104.8 billion won."

As a result, more than 20 billion won, or 20% of the total fund, is expected to be invested in companies based in Gwangju or artificial intelligence companies that move their headquarters, research institutes, and factories to Gwangju within a year.

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[Original article]

Chosun Ilbo https://www.chosun.com/national/regional/honam/2020/11/03/JHIPLHT4HBDHRFRAPP2LOA5ZMY

KBS News https://news.kbs.co.kr/news/view.do?ncd=5040325&ref=A

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MUHANIT participated in holding an investment attraction IR hosted by Gwangju Metropolitan City to promote artificial intelligence (AI) and regional investment.

It was a very exciting and meaningful place to introduce MUHANIT's "AImaps" to VC investors for the first time.

Through this participation, we saw the possibility of AI maps, our company's product.

We'll continue to be a MUHANIT that's constantly.