Upstage, Winner Of 2nd Place In The World At This Year'S First Kaggle Ai Competition
2022/01/153,852 teams from around the world participated in the first world artificial intelligence contest this year, winning gold medal... 2nd place in the world
AMONG THE GLOBAL TOP 20 AI EXPERTS, TWO KOREANS BELONG TO KOREA’S LEADING AI STARTUPS, PROVING THE BEST TECHNOLOGY IN UPSTAGE
Upstage launches 'AI Pack', an easy-to-use AI solution based on AI technology leadership, in the first half of the year
(Upstage=2022/1/25) In the first 'AI Olympics' Kaggle competition of this year, Korea's representative AI startup Upstage spit out the spirit of being in second place.
Upstage ( https://www.upstage.ai/ ) won the gold medal by ranking second in the world's most famous online artificial intelligence (AI) contest, Kaggle, with 9 million participants from 200 countries on the 25th. said.
KAGGLE IS A DATA EXPERT COMMUNITY AND AI COMPETITION PLATFORM OWNED BY GOOGLE, AND OPERATES A RATING AND RANKING SYSTEM TO ASSESS THE OBJECTIVE ABILITIES OF AI EXPERTS AROUND THE WORLD. RANKING AND GRADES ARE MADE BASED ON THE RESULTS OF A CONTEST THAT SOLVES PROBLEMS OF VARIOUS COMPANIES WITH AI, AND THE GRADES ARE DIVIDED INTO FIVE GRADES: GRANDMASTER, MASTER, EXPERT, CONTRIBUTOR, AND NOVICE. THERE ARE ONLY 248 GRANDMASTERS IN THE WORLD, THE HIGHEST LEVEL.
This Kaggle AI contest is an 'Optiver Realized Volatility Prediction' contest hosted by Optiver, a global financial company. A challenge was conducted with the goal of setting the optimal price. 3,852 teams participated in this competition, which took place for about 7 months from last June, and competed in AI technology, and Grandmaster Kim Yun-su of Upstage won the gold medal in 2nd place overall.
The contest allows participants to build a model that predicts short-term stock price volatility in the future 10 minutes from the previous 10-minute stock quote and close data for hundreds of stocks over a 3-month period, and then compares it with real market data collected over the next 3 months. to evaluate the accuracy of the prediction. Upstage improved the machine learning algorithm performance to increase prediction consistency and achieved a result in the top 0.05%.
In particular, Grandmaster Kim Yun-soo, who won this competition, was the youngest in last year and was named the 6th Kaggle Grandmaster in Korea. Grandmaster Yunsu Kim, an undergraduate student at Seoul National University, participated in Upstage's Global Residency course last year, an AI talent nurturing program. Based on this, it has won five gold medals in the world artificial intelligence competition since last year, ranking 19th in the Kaggle global ranking.
AS OF JANUARY 22, 22, AMONG THE TOP 20 PEOPLE IN THE WORLD IN AI TECHNOLOGY, KOREANS ACCOUNTED FOR 10% OF THE TOTAL, OR TWO. ALL KOREAN GRANDMASTERS ARE UPSTAGE, INCLUDING LEADER KIM SANG-HOON, WHO LEADS THE COMPETITION TEAM WITH GRANDMASTER KIM YUN-SU.
In addition to winning the Kaggle Competition, Upstage developed an 'AI Pack' that can easily apply the latest AI technology to various industries based on its AI technology leadership proven by papers presented at international AI conferences such as NeurlPS, AAAI, ACL, and EMNLP. , plans to launch in the first half of this year.
'AI Pack' is a customized AI technology, such as OCR technology that can extract desired information from images, high-performance natural language processing search technology that can search for information with similar meaning, and recommendation technology that takes customer information and product and service characteristics into consideration. It is a one-stop solution to help you utilize it. Through Upstage's 'AI Pack', customers can always use the latest AI technology in the field through continuous updates as well as data processing and AI modeling.
GRANDMASTER YUNSU KIM SAID, “I AM DELIGHTED TO HAVE WON ANOTHER GOLD MEDAL AFTER THE SHOPEE CONTEST, WHICH TOOK FIRST PLACE LAST YEAR, AND THE COMMONLET CONTEST, WHICH WAS RANKED AS THE GRANDMASTER. I GOT HELP, AND I WILL DO MY BEST TO BECOME A BETTER AI DEVELOPER IN THE FUTURE.”
▶ Attachment 1: Upstage Logo
▶ Attachment 2: Kim Yunsu Kaggle Grand Master
▶ Attachment 3: Kaggle Competition Page
Contact
Upstage | Geun-Kyo Kim PR Director | 010-8229-7240 | keunkyo@upstage.ai
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Founded in October 2020, Upstage identifies areas that can be innovated through AI technology among corporate problems and provides consulting including basic AI model and system construction required for this. In addition, by supporting the nurturing of AI talents within customer companies, it will help companies with successful AI transformation by improving their own AI competitiveness. Furthermore, the company plans to actively design AI teams by nurturing differentiated professional talents who can be immediately put into AI business through hands-on training that melts AI business experience and solid AI basic training.
CEO Seong-Hoon Kim developed Kachine, an early search engine in Korea, and co-founded Nara Vision, Inc. Since then, while serving as a professor at Hong Kong University of Science and Technology, he won the ACM Sigsoft Distinguished Paper Award 4 times, the best paper award, for research on bug prediction and automatic source code generation that converges software engineering and machine learning. He is a world-class scholar in software engineering and AI, winning influential thesis awards. He is also widely known as a deep learning instructor for everyone, which has recorded more than 6 million views in total.
Upstage's co-founders include CTO Lee Hal-seok, who led Naver Visual AI / OCR and achieved global results, and CSO Park Eun-jung, who led the model team of Papago, the world's best translator.