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LG unveils South Korea’s first open-source AI model Exaone Deep

LG Artificial Intelligence Research has launched its reasoning AI model, Exaone Deep, as an open-source project.

Exaone Deep is South Korea’s first reasoning AI model, competing with OpenAI, Google, DeepSeek, and Alibaba in autonomous decision-making.

Tests on Hugging Face show Exaone Deep performs well in logical reasoning and problem-solving despite being smaller than some rivals.

The Exaone Deep-32B model, containing 32 billion parameters, reportedly achieved this performance despite its smaller size compared to larger models like DeepSeek’s R1, which features 671 billion parameters.

Recent LG developments

Timeline
07-Mar-2025 🤝 LG Uplus eyes $300m AI revenue in Google partnership
LG Uplus partners with Google to boost AI call agent ixi-O, aiming for $300M revenue by 2028 and global expansion.
21-Feb-2025 🚗 LG Electronics invests in US-based software firm Apex.AI
LG Electronics invests in US startup Apex.AI, enhancing its mobility software capabilities and supporting EV technology growth.
18-Feb-2025 💼 LG targets $1.5b India IPO
LG Electronics kicks off roadshows for its Indian IPO, aiming to raise up to $1.5 billion and value LG India at $15 billion.
25-Jan-2025 🔋 LG Energy Solution reports loss in Q4 2024 amid EV slump
LG Energy Solution reports a Q4 2024 net loss of $287.2M, citing declining EV sales and plans for reduced capex in 2025.
25-Jan-2025 🤖 LG acquires US-based AI startup to expand robotic portfolio
LG Electronics acquires 51% of Bear Robotics for $180 million, aiming to enhance its robotics portfolio amid rising competition.
24-Jan-2025 🔋 LG Energy Solution reports first $158m loss in three years
LG Energy Solution reports its first quarterly loss in three years, driven by declining EV demand and policy shifts.

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