UPSTAGE WINS 2 SILVER MEDALS IN KAGGLE AI RECOMMENDATION CONTEST
2022/05/16
UPSTAGE WINS 2 SILVER MEDALS IN KAGGLE RECOMMENDATION CONTEST HOSTED BY GLOBAL SPA BRAND H&M GROUP
Out of 3,006 participating teams, 19th and 41st place… Reconfirmation of the highest level of recommendation technology with a difference of 0.004 points from 1st place within 2 weeks of participation
“WE WILL COMPLETE THE ‘UPSTAGE AI PACK’ BASED ON THE MOST IMPORTANT AI RECOMMENDATION AND PROVEN TECHNOLOGY IN THE DIGITAL AGE”
KOREA'S LEADING AI STARTUP UPSTAGE WON TWO SILVER MEDALS IN THE 'AI OLYMPICS' KAGGLE COMPETITION TO FIND THE BEST AI RECOMMENDATION TECHNOLOGY.
Upstage (https://www.upstage.ai/) announced on the 16th that both teams participated in the AI recommendation Kaggle contest hosted by the global SPA brand H&M, and both teams ranked 19th and 41st, achieving the best results. In particular, the Upstage Challenges team, which won the silver medal in 19th place, surprised other participating teams by winning the gold medal in the previous competition and winning again with excellent results two weeks after participating.
KAGGLE IS A DATA EXPERT COMMUNITY OWNED BY GOOGLE AND THE WORLD'S MOST FAMOUS ONLINE ARTIFICIAL INTELLIGENCE (AI) CONTEST PLATFORM WITH 9 MILLION PARTICIPANTS FROM 200 COUNTRIES. THE RANKING CONSISTS OF FIVE GRADES: GRANDMASTER, MASTER, EXPERT, CONTRIBUTOR, AND NOVICE. THE RANKING AND RATING ARE BASED ON THE RESULTS OF A CONTEST THAT SOLVES PROBLEMS OF VARIOUS COMPANIES WITH AI.
This contest is a 'H&M Personalized Fashion Recommendations' contest hosted by H&M. The challenge was to create an excellent AI product recommendation model based on data about customers and products around the world and previous transaction data. A total of 3,006 teams participated in this competition, which was held for about three months from February, and fierce competition was held.
THE UPSTAGE CHALLENGES TEAM AND THE RECOMMENDED TEAM DECIDED TO PARTICIPATE JUST TWO WEEKS BEFORE THE END OF THE COMPETITION DUE TO THEIR PARTICIPATION IN THE PREVIOUS KAGGLE COMPETITION, BUT THEY BOTH OBTAINED SILVER MEDALS WITH EXCELLENT RESULTS, WITH A DIFFERENCE OF ONLY 0.004 AND 0.007 POINTS FROM THE 1ST PLACE, AND 19TH AND 41ST PLACES IN THE OVERALL RANKING. DID. THIS DREW ATTENTION IN CONTRAST TO THE FACT THAT WORLD-CLASS KAGGLE RANKERS OF TOP AI COMPANIES SUCH AS NVIDIA AND H2O DID NOT PARTICIPATE IN THE COMPETITION DUE TO THE IMMINENT END OF THE COMPETITION BECAUSE IT WAS DIFFICULT TO ACHIEVE RESULTS WITHIN THE TOP 50.
The upstage teams achieved excellent results by improving the machine learning algorithm performance by using deep learning in the stage of selecting candidate items to be recommended and retraining the model through the selected products. Although deep learning shows good performance on unstructured data such as images and natural language, it shows relatively poor performance on structured data. was created and differentiated.
AI RECOMMENDATION TECHNOLOGY IS A TECHNOLOGY THAT INFORMS USERS OF WHAT THEY WANT TO FIND BY ANALYZING PREFERRED CONTENT OR PRODUCTS BASED ON ACQUIRED DATA AS ONE OF THE INFORMATION FILTERING TECHNOLOGIES. AS INFORMATION INCREASES, THE IMPORTANCE OF RECOMMENDATION TECHNOLOGY IS GRADUALLY INCREASING, AND WITH THE DEVELOPMENT OF ARTIFICIAL INTELLIGENCE-BASED TECHNOLOGY, AI RECOMMENDATION TECHNOLOGY IS ALSO BECOMING MORE SOPHISTICATED.
UPSTAGE HAS ACHIEVED REMARKABLE RESULTS IN RECOMMENDATION, ONE OF THE MOST IMPORTANT AI TECHNOLOGIES IN THE DIGITAL ERA, SUCH AS CONTENT, SHOPPING, AND PORTALS, AND PLANS TO CONTINUOUSLY FOCUS ON THE DEVELOPMENT OF THE 'AI RECOMMENDATION PACK' TO BE RELEASED IN THE SECOND HALF OF THE YEAR.
Meanwhile, Upstage also took 12th place in the 'Happywhale - Whale and Dolphin Identification' last month, and won the third gold medal this year. This contest was conducted as a contest to create a model that analyzes pictures of whales' tails and dorsal fins with AI to identify objects and understand their status and trends. The gold medal qualification for the Kaggle Competition is generally in such a way that 10 teams are awarded in the event of more than 1000 teams participating, and the number of winners increases according to the number of additional participating teams.
IN ADDITION TO THE DOUBLE-DIGIT GOLD MEDAL FOR THE FIRST TIME IN A DOMESTIC COMPANY, UPSTAGE PROVED THAT IT POSSESSES THE BEST TECHNOLOGIES NEEDED BY REAL COMPANIES, SUCH AS AI RECOMMENDATION TECHNOLOGY AND COMPUTER VISION. UPSTAGE HAS ALREADY ESTABLISHED ITSELF AS KOREA'S BEST AI COMPANY BY WINNING THE GOLD MEDAL IN THE FIRST KAGGLE COMPETITION IN JANUARY THIS YEAR, AND HAVING TWO OF THE TOP 20 GRANDMASTERS, THE HIGHEST GRADE OF KAGGLE.
SANG-HOON KIM, THE WORLD'S 19TH KAGGLE GRANDMASTER AND LEADER OF THE UPSTAGE CHALLENGES TEAM, SAID, "I AM DELIGHTED TO HAVE ACHIEVED EXCELLENT RESULTS, INCLUDING TWO GOLD MEDALS AND TWO SILVER MEDALS, WITHIN A MONTH AT THE KAGGLE COMPETITION WHERE WORLD-CLASS DATA SCIENTISTS PARTICIPATE DESPITE THE TIGHT SCHEDULE." IN THE MOST IMPORTANT AI RECOMMENDATION FIELD, WE WILL COMPLETE THE 'UPSTAGE AI PACK' BASED ON THE TECHNOLOGY VERIFIED THROUGH THIS COMPETITION."
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 second half of this year.
Upstage's 'AI Pack' includes AI technologies such as OCR technology that can extract and use desired information from images, high-performance natural language processing 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 that helps you to use the 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.
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.