NewenAI (NewenAI) , a company specializing in generative AI-based big data analysis, announced on the 10th that it had been selected as one of the '2025 Korea AI 50' companies.
Forbes Korea highlighted the current state of commercialization of the domestic AI industry and discovered and introduced AI companies that are actually performing well in the market. This was focused on promoting a virtuous cycle in the domestic AI ecosystem and strengthening global competitiveness by selecting companies that are not limited to technological prowess but have actual business performance and growth potential.
Founded in 2004, Newen AI is an AI analysis company that provides corporate subscription services based on artificial intelligence (AI) technology. It operates a 'customized subscription AI analysis solution business' based on the 'Quetta' AI technology, a colloquial language model. Its business models include ▲customized big data AI analysis service 'Quetta Enterprise' ▲general-purpose big data AI analysis service 'Quetta Service' ▲data purification and processing service 'Quetta Data'.
Meanwhile, NewenAI has recorded an average annual growth rate (CAGR) of 13.5% over the past three years (2022-2024). More than 88% of total sales are generated in the private sector, proving its market competitiveness, and the long-term customer ratio is 77%. In addition, it has recorded operating profit for 10 consecutive years.
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