South Korea’s mobile-only bank KakaoBank has established an artificial intelligence (AI) lab to provide AI-powered services and focus on research and development for new financial services.
According to the bank, the AI lab will help develop personalised content for mobile banking services, including customised financial advice, product recommendations, and marketing messages based on individual customer data and preferences.
KakaoBank’s chief research and development officer, Hyun-chul Ahn, said the bank plans to accelerate AI-based businesses and research in generative AI and language models, to gain customers and continue to grow by enhancing technological capabilities.
Data centre provider Digital Realty will provide the physical infrastructure to support the AI lab.
The lab will use Digital Realty's ICN10 data centre infrastructure in Seoul.
ICN10 will provide high-density colocation services to support up to 70 kilowatts (kW) per rack for compute-intensive workloads of generative AI.
It employs Air-Assisted Liquid Cooling (AALC) technologies to dissipate heat and provide support for the GPU servers.
Digital Realty’s data centre platform – PlatformDIGITAL – will support private cloud consumption and its service orchestration platform ServiceFabric enables access to data sets across KakaoBank’s ecosystem.
According to the bank, ICN10's access to AWS Direct Connect enables it to connect its private infrastructure to the AWS Asia Pacific (Seoul) Region.
This provides a low-latency, high-performance, secure, and cost-effective connectivity solution, it added.
