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KOSA and KTR sign MOU to back small AI firms with testing fees

The two organizations will cooperate on certification, specialist training and the spread of physical AI under the October 28 agreement.

The Korea Artificial Intelligence and Software Industry Association (KOSA) and the Korea Testing & Research Institute (KTR) signed a memorandum of understanding on October 28 to support the growth of small and mid-sized AI and software companies and the spread of physical AI, according to datanet.co.kr.

The signing ceremony took place at KOSA's headquarters in Songpa-gu, Seoul. KOSA chairman Cho Jun-hee and KTR director Lee Seung-ryul attended.

Under the agreement, the two organizations will support testing fees for KOSA member companies.

They will also cooperate on AI adoption by small and mid-sized companies, on spreading physical AI, and on helping AI and software companies obtain certification at home and abroad and train specialists.

Quick answers

What do KOSA and KTR support under the MOU?

Testing fees for KOSA member companies, domestic and overseas certification for AI and software firms, specialist training, AI use by small and mid-sized companies and the spread of physical AI.

Where was the agreement signed?

At KOSA's headquarters in Songpa-gu, Seoul.

Source