Established in 2017, the AI Alliance, LLC is a joint fund with Korean conglomerates SK Telecom, Hyundai Motor Company, Hanwha Asset Management and Element AI, world-renowned Canadian AI pioneer. The fund leverages each partner's unique value and targets the most promising sectors of commercial AI applications and infrastructure, specifically emerging AI-based technologies including autonomous vehicles, robots, manufacturing, drones, and AI hardware. The fund uses extensive domain knowledge and cutting edge research from Element AI to source, assess, and invest in startups focused on applying AI in advanced technologies. SK Telecom, Hyundai Motor Company and Hanwha's data and deep industry expertise combined with Element AI's artificial intelligence knowledge will both differentiate the fund in the market and add immense value to portfolio companies.
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