Princeton signs agreement with Korean company for research on AI and other technologies
Representatives from Princeton University and CJ Corp. signed a memorandum of understanding Thursday in Seoul, South Korea, to explore potential research collaborations in artificial intelligence (AI), machine learning, and computer and information sciences.
The announcement came in the second stage of an economic development trade mission led by New Jersey Gov. Phil Murphy, who headed the state delegation on visits in Japan earlier in the week.
CJ Corp. is a global lifestyle company with divisions spanning food, biotechnology, logistics, entertainment and media.
Arnold, who is also Princeton’s Susan Dod Brown Professor of Mechanical and Aerospace Engineering, called the governor’s trade mission “an excellent opportunity for the state of New Jersey, and Princeton specifically, to engage more broadly with the global research and innovation community, creating new opportunities for economic development in our region and around the world.
“Today, in corporate and university laboratories throughout the state, we are developing ways to solve critical problems and to improve the lives of people in New Jersey and around the world,” Arnold said. “This outreach to Asia led by Gov. Murphy will build bridges strengthening collaborations and creating new partnerships for the mutual benefit of all.”
“This collaboration with Princeton's AI experts aims to leverage AI's transformative potential, combining their expertise with CJ's industrial knowledge and resources,” said Lee Chi-hoon of CJ Corp. “The objective is to pioneer innovative solutions, reaffirming a commitment to innovation and solidify our position as industry leaders, driving excellence in our core sectors.”