Friday, July 19, 2024


Crowdworks AI, Participates in VIVATECH 2024 to Expand into European Market

Crowdworks AI announces on 20th its participation for the second consecutive year at VIVATECH 2024, Europe’s biggest startup and tech event.

Since its inception in 2016, VIVATECH has served as a nexus for startups, investors, buyers, and media entities, fostering an environment of the latest tech trends exchange. Last year, the event boasted an impressive turnout, with over 150,000 attendees and more than 2,800 promising tech startups in attendance. For Crowdworks AI, this year’s participation signifies an opportunity to elevate its profile as a leading AI startup from South Korea within the European market and explore avenues for collaboration. 

Crowdworks AI is an AI startup contributing to the advancement of South Korea’s AI industry. It collaborates with leading South Korean ICT companies for building training data for its LLMs such as Naver’s HyperCLOVA X and LG EXAONE, as well as contributing to the establishment of national-level data standards. Providing over 260 million data to more than 500 clients worldwide, Crowdworks AI has led the enhancement of trustworthiness in AI-ready data and fostering the evolution of AI technology in South Korea. Its achievements have been recognized with an entry into the KOSDAQ(Korean Securities Dealers Automated Quotation), becoming the first in the industry to do so within just six years of its establishment. 

At the event, Crowdworks AI sets its sights on the enterprise AI market. Among its offerings will be realworld use cases highlighting the tailored building of LLMs, particularly in sectors of interest such as healthcare and retail, aimed at attracting international clients. Leveraging its high understanding and expertise in data design, processing, and building, Crowdworks AI will introduce comprehensive solutions tailored for Enterprise LLM adoption, underscoring its commitment to driving data-centric AI technological competitiveness.

Especially with its presence at in France, Crowdworks AI anticipates strengthening partnerships with European companies and expanding synergies following its participation in this event. serves as the world's largest startup incubator, a hub for networking and collaboration opportunities aimed at facilitating European market penetration. Since its occupancy in May last year, Crowdworks AI has rapidly connected with potential international clients, validating its potential in international markets.

Kim, Woosung CEO of Crowdworks AI, expressed anticipation for the participation of VIVATECH, stating, "Participating in VIVATECH provides a great opportunity to showcase Crowdworks AI's technology and capabilities to the European market. We will actively seek diverse collaboration opportunities with global companies and explore meaningful results in international markets."

Meanwhile, Crowdworks AI has been recognized for its technological excellence on the global stage, being listed as a sample vendor for Gen AI in a report published by a prestigious global research institution. With participation in major international IT exhibitions like CES and MWC, Crowdworks AI continues to expand its footprint in international markets.

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