AI natural language processing company “Brain Ventures” selected as a voucher processing company by the Korea Data Industry Promotion Agency.

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SEONGNAM, South Korea, July 9, 2021 / PRNewswire / – Brain Ventures (CEO Won-hoe Kim), a resident company of the ICT-Culture Convergence Center operated by the Ministry of Science and ICT and the National IT Industry Promotion Agency, announced on 5e that it has been selected as a data voucher processing company by the Korea Data Agency for 2021.

The selection as a data voucher processing company is a feat accomplished by Brain Ventures, an AI-based natural language processing company, after 9 months of its inception. It has been highly rated for tangible research achievements such as publishing research papers on natural language processing by AI and enforcing 5 patents and trademarks in a short period of time.

The Data Voucher Business is a state-funded project to create a new business model by processing various data (text, image, video, etc.) held by demanding companies. Based on its own technology, Brain Ventures develops an AI chatbot engine, an AI image processing module, generates AI sports data and develops a business model through video processing, with demanding companies. Brain Ventures is also advancing in the field of legal data processing and intellectual property data based on data de-identification, weight reduction and visualization technologies.

Meanwhile, Brain Ventures has developed an automatic AI video content translator and short answer marker. He is currently co-developing a sentence meaning extraction technology with that of Russia Ashmanov Neural Networks with support from the Small and Medium Business Technology Information Promotion Agency. “Brain Ventures is always open to companies looking to create new business models through data processing,” said CEO Won-hoe Kim. “We will strive to realize the day when artificial intelligence will understand, evaluate and communicate freely with human languages.”

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SOURCE Brain Ventures


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