CG Inside Co., Ltd. (CEO Park Seon-chun), an AI agent company specializing in law, regulation, and policy, announced on the 16th that its 'iHopper-xAI' was selected as an excellent product in the B2B category of the 'Seoul Awards' hosted by the Seoul Economic Promotion Agency (SBA).
The Seoul Awards is a project designed to discover and foster excellent products from small and medium-sized businesses nationwide and to strengthen product competitiveness. The ‘iHofer-xAI’ selected as an excellent product this time will be able to officially use the Seoul Awards emblem in future promotional materials and will also receive benefits from various sales support programs.
iHoffer-xAI is attracting attention for its ability to provide 99% accurate answers and detailed sources at the same time by building a high-quality vector DB of over 1 billion big data in specialized fields such as law, regulation, and policy and connecting it to its own developed Retrieval-Augmented Generation (RAG) engine.
Last year, CG Inside was selected for the Ministry of Science and ICT's GovTech startup support project and announced the 'AI regulatory interpretation solution' developed based on iHoffer-xAI.
The solution achieved an excellent score of 100% in the 'regulatory interpretation accuracy' index in the KOLAS accredited software quality certification test, and is expected to be introduced to companies and institutions to automate regulatory environment analysis in the future.
As of now, more than 40 public institutions, universities, associations, and companies are utilizing iHoffer-xAI, and this year, the business scope is scheduled to expand to areas such as police investigation support, local finance, and disaster safety. CG Inside is currently in the process of attracting 4 billion won in Series-A investment for the purpose of raising funds for business expansion.
Park Seon-chun, CEO of CG Inside, said, “I am delighted that the excellence and reliability of iHoffer-xAI data-based AI technology have been recognized through this Seoul Award selection.” He also announced plans to “continuously develop AI services based on expert knowledge to help users find and utilize information easily and accurately.”
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