GS convenes top execs to discuss AI strategies – News Directory 3
Author: News Directory 3 | Source: News Directory 3 | Read the full article
GS Group, one of South Korea's largest business conglomerates, is making significant strides in integrating artificial intelligence (AI) and quantum computing into its operations. Recently, the company's chairman and around 80 executives gathered in Seoul to discuss future strategies for leveraging these advanced technologies. This meeting was notable as it was the first time the top executives convened since the start of the year, highlighting the urgency and importance of these discussions.
During the meeting, executives emphasized the need to adopt AI and digital technologies to enhance business practices. They shared insights on how two of their energy affiliates, GS Power and GS E&R, have successfully implemented AI solutions in their operations. For instance, GS Power has developed a platform to analyze data from its power plants, while GS E&R has created a system to more accurately predict wind power generation by analyzing various environmental factors.
The executives also explored the potential of quantum computing, which promises to revolutionize industries by enabling faster calculations. A CEO from a startup specializing in quantum technology was invited to speak, emphasizing the importance of preparing for what they termed a "quantum transformation." This reflects GS Group's commitment to staying at the forefront of technological innovation in sectors like oil refining, petrochemicals, and construction.
