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Korean start-ups awakened to medical AI

 11-Mar-16, Business Korea 

These days, Google is making headlines as its artificial intelligence (AI) AlphaGo beated top pro Go player Lee Se-dol 2:0 in a highly publicized five-game Go series. The internet search giant is expanding its AI business by taking over four robotics companies including DeepMind which designed AlphaGo.

Korean start ups awakened to medical AI (c) Business Korea

Image: Business Korea

But in Korea, AI is an underdeveloped and poorly invested sector. “Korean companies have not made much progress in AI research. They still have a long way to go in terms of AI commercialization,” said Jin Jeong-yeol, director of the Kohyoung Technology. 

But it is in hospitals that AI is applied most actively at home and abroad. In hospitals, AI is used for various purposes such as analyzing medical videos to pinpoint diseases and suggesting treatment plans optimized for some diseases. In Korea, various venture startups are developing health care technologies based on AI.

  • Buno is developing Buno-Med, where medical data meet the “deep learning” which is a core technology of AlphaGo.
  • Lunit is developing deep learning-based medical image reading technology. 
  • Neofect is developing technology to implement rehabilitation training programs without medical staffs’ helps by connecting AI technology to rehabilitation medical equipment. 

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