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LG Unveils Korea’s First Open Source AI, ‘EXAONE 3.0’

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– Available for research purposes, contributing to an AI ecosystem

SEOUL, South Korea, Aug. 7, 2024 /PRNewswire/ — LG AI Research today released its latest AI model, EXAONE 3.0, as open source for research purposes.

To contribute to the development of the AI research ecosystem, LG AI Research has decided to open source the ‘lightweight model’ of EXAONE 3.0, which is the most versatile in terms of performance and cost-efficiency, so that it can be utilized for various research purposes.

The company is also preparing for the transition to the ‘era of everyday AI’ by releasing the open beta version of ChatEXAONE, an enterprise AI agent based on EXAONE 3.0, to LG’s employees. 

EXAONE 3.0 proved global competitiveness with top performance among global open-source AI models

LG AI Research published a technical report detailing the model training method and performance evaluation findings of EXAONE 3.0.

LG AI Research has been focusing on research and development to apply generative AI to real-world industrial applications from its inception, including the release of EXAONE 1.0 in December 2021 and EXAONE 2.0 in July 2023.

The latest iteration, EXAONE 3.0, combines enhanced performance with cost-efficiency.

Compared to its predecessor, EXAONE 2.0, EXAONE 3.0 shows excellent results in both performance and economy, with 56% less processing time for inference, 35% less memory usage, and 72% lower operating costs.

To solve the problem of power consumption triggered by AI, LG AI Research focused on researching lightweight and optimization technologies and succeeded in reducing the size of the model by 97% while increasing performance compared to EXAONE 1.0.

In the technical report of EXAONE 3.0, LG AI Research disclosed both the individual scores of the 25 benchmarks used in the evaluation, including MT-Bench, AlpacaEval-2.0, Arena-Hard, and WildBench, which comprehensively evaluate the real-world use cases performance of AI models, as well as the average score for each area, to enhance the reliability of the results.

EXAONE 3.0 ranked global top in 13 benchmark scores, including real-world use cases, coding, and math, demonstrating its global competitiveness when compared to other global open-source AI models of similar size, such as Meta’s Llama 3.1 and Google’s Gemma 2.

EXAONE 3.0, a bilingual model that can learn and understand both Korean and English, also recorded the world’s best performance in Korean.

To improve the performance of EXAONE 3.0, LG’s AI Research used more than 60 million data from patents, software code, math, chemistry, and other specialized fields for training. As part of its strategic expansion, the company aims to incorporate additional fields such as law, biology, medicine, education, and various languages by the year-end, to surpass 100 million data points to bolster the system’s performance.

LG AI Research have also been working to enhance the safety and reliability of EXAONE 3.0 by conducting red-teaming, which involves intentionally attacking the AI model to verify vulnerabilities in technologies, and then improving them.

LG products and services with EXAONE 3.0 will be available in the second half of the year

LG AI Research will work with LG affiliates to bring EXAONE 3.0 to products and services in the second half of the year. 

LG AI Research has designed different model sizes for different applications, from the ‘ultra-lightweight model’ for on-device AI to the ‘lightweight model’ for general purpose, to the ‘high-performance model’ for specialized applications.

LG affiliates will fine-tune EXAONE 3.0 with their data and apply it to their businesses, products, and services to accelerate innovation.

LG AI Research is also actively discussing global partnerships.

“As it is important to create AI that can be used in real-world industries, we plan to strengthen partnerships between LG affiliates and other companies and institutions with EXAONE, which has specialized performance and cost-efficiency,” said Bae Kyunghoon, President of LG AI Research. “In particular, we plan to open source this highly versatile and lightweight model so that academia and research institutes can utilize the latest generative AI technology, contributing to the AI research ecosystem and further enhancing AI competitiveness.”

LG‘s AI assistant, ChatEXAONE, debuted as an Enterprise AI Agent

LG will start the open beta service of ChatEXAONE for its affiliates’ employees from the 7th.

ChatEXAONE is an enterprise AI agent based on EXAONE 3.0 and provides a variety of functions to enhance work productivity, including real-time web-based Q&A, document and image-based Q&A, coding, and database management.

LG employees can experience a change in the way they work by using AI for various tasks, from searching to summarization, translation, data analysis, report writing, and coding.

ChatEXAONE adopted ‘Retrieval-Augmented Generation’ (RAG) technology that utilizes real-time web search results to understand the context of the user’s instruction (prompts) and provide answers that reflect the latest information.

“Generative AI generates different results depending on the prompts, i.e., how the question is asked,” said an official from LG AI Research. “We have also applied a feature that recommends sample questions that fit the user’s job so that people who are not familiar with generative AI can use it comfortably.” 

ChatEXAONE also provides features for software developers and data analytics experts.

LG AI Research expects that ChatEXAONE can generate queries in 22 programming languages (such as Python, Java, and C++,) and SQL (Structured Query Language) for database management, using only natural language (a language used by humans daily) input. This will help users improve their work productivity.

LG AI Research will release an open beta service through the end of the year and regularly update it to reflect the feedback and ideas of employees, and will provide the official service and mobile app according to the readiness of each LG affiliate.

For affiliates that need to learn proprietary documents and secure data, the company plans to build separate specialized services, like the case of LG Display, which in June built an AI service that can answer questions after training 300,000 additional proprietary documents.

Meanwhile, LG has been accelerating its AI transformation for the past four years after establishing the LG AI Research, an AI think tank for LG Group, in December 2020, and has planned to invest KRW 3.6 trillion in R&D in AI by 2026 for future technologies, and global AI talents. 

Koo Kwang-mo, Chairman and CEO of LG Group has identified AI as a future business and emphasized bold investment and innovation, leading to tangible results such as increasing the number of AI technology applications at each affiliate’s business sites and expanding external partnerships, including production processes, product development, and customer service improvement.

About LG Group

LG Group is a leading global company representing South Korea, offering innovative products and services across various industries such as electronics, chemicals, telecommunications, and energy. Established in 1947, LG Group has grown into a world-renowned brand through its activities in these diverse fields. The company is committed to continuous research and development, focusing on innovation to enhance the quality of life for its customers. Emphasizing its role as a socially responsible enterprise, LG Group is striving to strengthen its competitiveness in the global market and achieve sustainable growth through its future portfolio in areas like AI, Bio, and Cleantech. The company is dedicated to realizing its vision of being a business that provides value to customers and society, pursuing this mission with unwavering determination.

About LG AI Research

Launched in December 2020 as the artificial intelligence (AI) research hub of South Korea’s LG Group, LG AI Research aims to lead the next epoch of artificial intelligence (AI) to realize a promising future by providing optimal research environments and leveraging state-of-the-art AI technologies. And LG AI Research developed its large-scale AI, EXAONE, a 300 billion parametric multimodal AI model, in 2021. EXAONE, which stands for “Expert AI for Everyone,” is a multi-modal large-scale AI model that stands out from its peers due to its ability to process both language and visual data. With one of the world’s largest learning data capacities, LG AI Research aims to engineer better business decisions through its state-of-the-art artificial intelligence technologies and its continuous effort on fundamental AI research. For more information, visit https://www.lgresearch.ai/.

View original content:https://www.prnewswire.com/news-releases/lg-unveils-koreas-first-open-source-ai-exaone-3-0-302216329.html

SOURCE LG Corp.

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ADX welcomes Morgan Stanley as the first international investment bank Remote Trading Member, expanding global access to Abu Dhabi’s capital markets

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ABU DHABI, UAE, May 5, 2026 /PRNewswire/ — The Abu Dhabi Securities Exchange (ADX) Group today announced that Morgan Stanley, a leading investment bank and financial services company, has joined the ADX as its first international investment bank Remote Trading Member — enabling Morgan Stanley’s clients to access the ADX directly.

This milestone strengthens ADX’s global connectivity and supports growing international institutional demand for exposure to UAE markets. It also reinforces its position as one of the world’s fastest-growing exchanges by market capitalization, while highlighting the market’s continued progress in depth, liquidity, and inclusion in major global indices.

Remote membership enables Morgan Stanley to provide its clients with direct market access to the ADX, with trading conducted via the firm’s global trading platform. The ADX continues to play a pivotal role in advancing Abu Dhabi’s long-term economic ambitions, as a mechanism for a diversified, innovation-led, knowledge-based economy.

Morgan Stanley’s direct trading access to ADX reflects the strength of Abu Dhabi’s investment proposition and the continued institutionalization of UAE capital markets. Morgan Stanley’s membership will enhance execution quality, optimize order routing, and provide greater control across the end-to-end trade lifecycle, delivering an advanced trading experience for global investors.

The structure follows a proven international access model used by Morgan Stanley and is designed to meet growing client demand for efficient, transparent, and seamless access to ADX-listed opportunities.

Abdulla Salem Alnuaimi, Group Chief Executive Officer of Abu Dhabi Securities Exchange (ADX) Group, said: “This marks a significant step in advancing our ambition to be a leading financial marketplace that drives opportunity and sustainable economic growth. This momentum is reflected in the strong foreign investor participation, with trading value exceeding 85 billion dirhams in the first quarter of 2026 up by 22% year on year. This performance underscores the growing depth and global relevance of our market, while reinforcing our commitment to expanding international access, strengthening cross-border connectivity, and building a world-class market infrastructure that attracts global capital, supports a diverse range of issuers and contributes to Abu Dhabi’s long-term economic prosperity.”

Patrick Delivanis, Regional Co-Head of MENA at Morgan Stanley, said: “Becoming a Remote Trading Member of ADX reflects our focus on providing clients with efficient, seamless access to Abu Dhabi’s capital markets through our market–leading trading platform. We see continued momentum in the institutionalization and international participation of UAE markets, and we’re pleased to support that evolution by enabling international investors to access opportunities in MENA with direct connectivity to local markets, alongside greater transparency and control across the trading lifecycle.”

Morgan Stanley’s participation aligns with ADX’s strategy to strengthen international connectivity, with remote memberships selectively offered to global firms to attract high-quality cross-border liquidity. The announcement builds on the ADX’s expansion momentum: in 2025, foreign investment rose by nearly 14% and institutional trading increased by 10% year on year. Subject to final operational readiness, Morgan Stanley expects to begin trading as a remote member in the coming weeks.

About Abu Dhabi Securities Exchange (ADX)

The Abu Dhabi Securities Exchange (ADX) was established on 15 November 2000 pursuant to Local Law No. (3) of 2000, which granted the exchange legal rights with independent financial and administrative status, as well as the necessary supervisory and executive powers necessary to carry out its functions. On 17 March 2020, the ADX was converted from a public entity into a Public Joint Stock Company (PJSC) in accordance with Law No. (8) of 2020.

The ADX Group, a market infrastructure group comprising the exchange (ADX) and its post-trade ecosystem, including its wholly owned subsidiaries AD Depository and AD Clear, was established. Through its integrated and globally aligned business structure, the ADX Group supports efficient, transparent, and resilient capital markets across trading, clearing, settlement, and custody.

The Group provides an efficient and regulated marketplace for the trading of securities, including equities issued by public joint-stock companies, bonds issued by governments and corporations, exchange-traded funds (ETFs), and other financial instruments approved by the UAE Capital Market Authority.

The ADX is the second-largest exchange in the Arab region by market capitalization. Its strategy of delivering stable financial performance through diversified revenue streams is aligned with the UAE’s national development agenda, “Towards the Next 50”, which aims to build a sustainable, diversified, and high-value-added economy.

For more information, please contact:
Abdulrahman Saleh ALKhateeb
Manager of Corporate Communication
Abu Dhabi Securities Exchange (ADX)
Mobile: +971 (50) 668 9733
Email: ALKhateebA@adx.ae

 

 

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SOURCE Abu Dhabi Securities Exchange (ADX)

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Geotab integrates Polestar vehicles into its OEM telematics network

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Fleet operators across North America, Europe, and APAC can now access Polestar vehicle data directly in MyGeotab — no aftermarket hardware required.

LONDON, UK, May 5, 2026 /PRNewswire/ — Geotab, a global leader in connected vehicle and asset management solutions, today announced the integration of Polestar vehicles into its OEM telematics network, giving commercial fleet operators seamless access to Polestar data within MyGeotab from day one — with no aftermarket hardware installation required. The integration is available globally across North America, Europe, and Asia Pacific, supporting all Polestar models.

Developed in collaboration with Geotab, among other telematics service providers, Polestar Fleet Telematics integrates directly into MyGeotab. The Geotab integration enables fleet managers to manage Polestar vehicles alongside all other makes and models on a single unified platform — without fitting additional devices.

Connected vehicle data where it matters most

Through Polestar Fleet Telematics, fleet operators gain near-real-time access to a comprehensive dataset — covering EV battery and charging status, location, tyre information, vehicle security, maintenance alerts, and climate data — flowing directly from Polestar’s connected vehicle architecture into MyGeotab, with no physical installation required.

This breadth of data enables fleet managers to move from reactive to proactive operations — scheduling maintenance before failures occur, optimising charge planning across depots, and maintaining duty-of-care oversight across the entire fleet.

Supporting Europe’s Mixed-Fleet Reality

OEM-embedded telematics removes the need for aftermarket device installation across mixed-manufacturer fleets, reducing logistical overhead and supporting compliance with works council and GDPR requirements — a critical consideration for European fleet operators.

“Polestar Fleet Telematics combines sustainability with intelligence, integrating seamlessly with Geotab to deliver these capabilities directly into the platforms fleet operators trust. Continuous data visibility enables more efficient and informed fleet operations, from day-to-day management to long-term planning. By leveraging Polestar vehicles’ embedded connectivity, fleet managers can make smarter, data-driven decisions — without adding hardware or complexity to their operations.” said Emma Knapp, Manager of Global Key Accounts at Polestar.

Polestar joins an OEM telematics network that already spans over 80% of leading global vehicle manufacturers by fleet market share, including BMW Group, Ford, Stellantis, Volkswagen Group, and Volvo Cars. For fleet operators already using MyGeotab, Polestar vehicles can be connected and deliver data without any additional hardware or installation.

“OEM-embedded telematics represents a change in how fleet data reaches the platform — and Polestar’s connected vehicle architecture makes this integration particularly well-suited for markets that are seriously considering transitioning to electric vehicles.” said Christoph Ludewig, Vice President OEM Global at Geotab. “Fleet operators managing mixed EV and internal combustion engine fleets no longer need separate tools or hardware for each vehicle type. Polestar data flows directly into MyGeotab alongside every other vehicle in the fleet — giving operators the consolidated visibility they need to drive efficiency, support duty of care, and manage their EV transition with confidence.”

Global Availability

The integration is available now across North America, Europe, and Asia Pacific, supporting all Polestar models. Fleet managers can activate the service via the Geotab Marketplace or by contacting their Geotab representative.

About Polestar

Polestar (Nasdaq: PSNY) is the Swedish electric performance car brand with a focus on uncompromised design and innovation, and the ambition to accelerate the change towards a sustainable future. Headquartered in Gothenburg, Sweden, its cars are available in 28 markets globally across North America, Europe and Asia Pacific.

Polestar has four models in its line-up: Polestar 2, Polestar 3, Polestar 4, and Polestar 5. Planned models include the Polestar 7 compact SUV (to be introduced in 2028) and the Polestar 6 roadster. With its vehicles currently manufactured on two continents, North America and Asia, Polestar plans to diversify its manufacturing footprint further, with production of Polestar 7 planned in Europe.

Polestar has an unwavering commitment to sustainability and has set an ambitious roadmap to reach its climate targets: halve greenhouse gas emissions by 2030 per-vehicle-sold and become climate-neutral across its value chain by 2040. Polestar’s comprehensive sustainability strategy covers the four areas of Climate, Transparency, Circularity, and Inclusion.

About Geotab

Geotab is a global leader in connected vehicle and asset management solutions, with headquarters in Oakville, Ontario and Atlanta, Georgia. Our mission is to make the world safer, more efficient, and sustainable. We leverage advanced data analytics and AI to transform fleet performance and operations, reducing cost and driving efficiency. Backed by top data scientists and engineers, we serve approximately 100,000 global customers, processing 100 billion data points daily from more than 5 million vehicle subscriptions. Geotab is trusted by Fortune 500 organisations, mid-sized fleets, and the largest public sector fleets in the world, including the US Federal government. Committed to data security and privacy, we hold FIPS 140-3 and FedRAMP authorisations. Our open platform, ecosystem of outstanding partners, and Geotab Marketplace deliver hundreds of fleet-ready third-party solutions. This year, we’re celebrating 25 years of innovation. Learn more at www.geotab.com/uk and follow us on LinkedIn or visit our blog.

GEOTAB and GEOTAB MARKETPLACE are registered trademarks of Geotab Inc. in Canada, the United States and/or other countries.

Media Contact: Geotab Contact, Romina Dashghachian, Strategic Communications Lead, EMEA, pr@geotab.com

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IDX Opens Geneva Office and Strengthens Global Data & Insights Capability

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New Swiss presence and specialist team integration support growing global demand for evidence-based, defensible communications strategies

LONDON, May 5, 2026 /PRNewswire/ — IDX today announced the opening of its new Geneva office and the integration of a specialist Data & Insights team, strengthening the company’s international footprint and expanding its ability to help clients worldwide build communications strategies grounded in evidence, market intelligence and audience insight.

The expansion gives IDX an on-the-ground presence in Switzerland while adding further depth to its Data & Insights capability. The Geneva-based team will work closely with IDX specialists across performance marketing and corporate communications, helping clients develop a clearer view of the markets they operate in and the forces shaping their growth.

The move aligns with Destination 250 – Customers First, IDX’s global strategy to grow its team by 250, focused on deepening client value, strengthening delivery and investing in the capabilities that matter most to clients.

The investment strengthens the Data pillar of IDX’s Connected Content™ model, which combines Creative, Data, Technology and Media to create what IDX calls The Multiplier Effect, helping clients multiply what matters through more connected, measurable and effective work.

“IDX is experiencing phenomenal growth, and our new Geneva office gives us boots on the ground to better serve clients across Europe and globally across performance marketing, investor relations and corporate communications,” said Crispin Beale, Worldwide CEO, IDX. “Data has been at the heart of this business for decades, and this centre of excellence reflects our continued investment in that capability. It’s an incredibly exciting time for IDX, and I look forward to the next phase of our growth as we continue to expand globally.”

“This is an exciting step in IDX’s growth story and a clear response to what clients are asking for: more evidence-based thinking, stronger market context and clearer rationale behind their communications strategies,” said Chris Corrigan, Chief Customer Growth Officer, IDX. “Our new presence in Geneva, combined with deeper Data & Insights expertise, strengthens the way we support clients globally, giving them earlier access to the insight and market context they need to make better-informed decisions and turn evidence into action.”

The Geneva office will strengthen relationships with existing clients in the region, support re-engagement with former partners and create new opportunities for IDX with organisations operating across European and global markets. It reflects IDX’s continued investment in the capabilities that matter most to clients as communications, marketing and corporate reputation work become increasingly data-led and commercially accountable.

“IDX’s integrated offer across insights, performance marketing and corporate communications, powered by the combination of human intelligence, advanced technology and AI, represents exactly where the industry is heading,” said Lonneke de Roo, Head of Data & Insights, IDX. “I am delighted to join the business and help clients navigate increasingly complex markets with clearer evidence, sharper insight and more connected strategies.”

ABOUT IDX  

IDX is a global strategic communications and marketing agency, headquartered in London with offices around the world, including New York, London, Phoenix, Helsinki, Gothenburg, Geneva, and Vadodara. Working with more than 1,600 clients across sectors, IDX combines deep industry knowledge with a data-first mindset to help ambitious brands thrive in complex, fast-moving markets. The firm specialises in performance marketing, investor relations, and stakeholder engagement, delivering integrated campaigns that drive meaningful business outcomes. Visit www.idx.inc to learn more.

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