YBM and ThetaOne Sign MOU for Joint Research on Generative AI-Based English Education
Generative AI EdTech startup Theta One has signed a Memorandum of Understanding (MOU) with education company YBM for 'Joint Development of Generative AI-Based Hyper-Personalized English Education Services.'
Through this agreement, YBM has decided to research and develop advanced personalized English education services by combining its vast learning data with Theta One's generative artificial intelligence (AI) technology. Utilizing AI technology, both companies plan to focus on developing hyper-personalization technology and services tailored to each generation, from infants to elementary, middle, and high school students, and adults. Additionally, both companies have agreed to explore joint business opportunities based on AI-based technology and services developed together.
Theta One is an EdTech startup operating the AI English conversation app 'MetaBuddy,' with strengths in hyper-personalization services and excellent speech recognition technology. YBM has accumulated vast educational and learning data over the past 60 years by operating various online and offline academies and schools for all age groups, from infants to adults. Both companies plan to jointly develop AI-based technologies and services that can target the entire education market, including B2C, B2B, and B2G, by combining these strengths to create synergy.
YBM CEO Heo Moon-ho said, "We highly value the hyper-personalization strategy and AI technology that Theta One has demonstrated through 'MetaBuddy.' We will effectively combine YBM's vast educational and learning data with Theta One's AI technology to deliver new learning experiences to learners of all generations."
Theta One CEO Kim Chan-woo said, "We are pleased to join hands with YBM to jointly research and develop more advanced AI technology. We will do our best to present a new level of hyper-personalized service with Theta One's advanced AI technology and YBM's vast learning data."
Related article: IT Chosun https://it.chosun.com/news/articleView.html?idxno=2023092106309
