S. Korean AI startup Upstage wins another Kaggle competition

South Korean artificial intelligence solution startup Upstage has proven its fame again by winning the second place at this year¡¯s Kaggle competition joined by some 200 countries. Upstage founded in October 2020 won the first place in the competition last year.

Kaggle now owned by Google is a global competition platform for data scientists and engineers and it ranks competitors according to their AI-based problem-solving results, with Grandmaster at the top followed by Master, Expert, Contributor and Novice. There are only 248 Kaggle Grandmasters around the world, including six in Korea.

This year¡¯s Kaggle competition was hosted by Optiver, a global technology-based trading firm, to set the optimal price for buying and selling volumes by predicting the short-term volatility of stock prices in the stock market with a machine learning algorithm.

Kim Yoon-soo, a Grandmaster from Upstage, was awarded the second place in the race of 3,852 teams with accuracy results that belong to the top 0.05 percent group.

Kim, a Seoul National University student, was the youngest to be named the sixth Kaggle Grandmaster in Korea last year. He has sophisticated his AI skill through Upstage¡¯s AI training course Global Residency. He has won five gold medals in global AI competitions since last year, ranking 19th in the Kaggle list. As of January 2022, two Koreans are among the top 20 people in AI technology.

All Korean Grandmasters belong to Upstage, including Kim Sung-hun, the Upstage founder and professor at the Hong Kong University of Science and Technology.

[¨Ï Maeil Business Newspaper & mk.co.kr, All rights reserved]