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LG joins with London Stock Exchange Group to develop AI services

LG AI Research chief Lim Woo-hyung (C) poses with London Stock Exchange Group senior executive Nicolas Falmagne (L) and Kiwoom Securities CEO Eom Ju-sung after agreeing to cooperate on AI agent services for retail investors at the head office of Kiwoom Securities in Seoul on Monday. Photo by LG AI Research

SEOUL, April 14 (UPI) — South Korea’s LG AI Research said Tuesday that it will work with local brokerage Kiwoom Securities and London Stock Exchange Group to develop AI agent services for retail investors.

Under the contract, the three parties aim to provide stock-specific forecast scores alongside easy-to-understand explanations on Kiwoom’s retail trading platform. They also plan to introduce AI-powered wealth management services.

Toward that end, LG AI Research plans to leverage its EXAONE-Business Intelligence system. LG said the system is built on four specialized AI agents — AI journalist, AI economist, AI analyst and decision-maker.

They are intended to collect real-time data, analyze it to forecast market trends and generate reports before evaluating various scenarios to produce final scores for stocks.

Established in 2020 as an affiliate of LG Group, LG AI Research focuses on developing cutting-edge AI technologies and addressing related challenges.

“For financial AI agents, explainability and reliability are just as crucial as accuracy,” LG AI Research chief Lim Woo-hyung said in a statement.

“EXAONE Business Intelligence is evolving into a practical AI system that supports human judgment as expert agents collaborate to perform tasks ranging from analysis and forecasting to report preparation,” he said.

London Stock Exchange Group senior executive Nicolas Falmagne said the three-way alliance would mark a turning point in creating greater value across the entire financial ecosystem.

LG AI Research is not publicly listed. The share price of LG Group’s holding company, LG Corp., edged down 0.11% on the Seoul bourse Tuesday. Those of Kiwoom Securities rose 4%.

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Driver arrested after Hollywood road rage attack on reality TV stars

The L.A. man who was filmed punching and kicking the Mercedes-Benz of “Gown and Out in Beverly Hills” stars Patrik Simpson and Pol’ Atteu in Hollywood was arrested this week and booked on felony vandalism.

The reality stars shared the dramatic video of the incident on social media with the caption, “Emergency! We need your help! We were just attacked at an intersection.”

“This man just blocked the intersection of our car at Melrose and Vine and then kicked our door in attacking us. Police were called and the license plate is on the video. If you know who this is, call the police immediately and send me a DM. He is dangerous and the police are looking for him!”

In the video, a man wearing a Cheech & Chong tee that reads “Don’t Panic, It’s Organic” blocked the Melrose Avenue and Vine Street intersection Sunday around 9:20 a.m. and hopped out of his Toyota 4Runner.

Contrary to instructions on the man’s shirt, the married co-stars of the Amazon Prime reality series did begin to panic as the man, who has been identified as Los Angeles resident Kevin Antonio Hernandez, approached their vehicle and punched the driver’s side window and kicked the driver’s side door. “Lock the door!” Simpson is heard saying in the video. “Call the police!”

Hernandez continued to yell at the fashionistas as he returned to his vehicle, but it’s unclear what he was saying because the techno music playing on the radio in Simpson and Atteu’s Benz drowned out any outside noise. Hernandez climbed into the driver’s side of his Toyota and pointed at the couple, yelling one last time, before speeding off.

“Go get him!” Simpson is heard yelling as they continue to film, while chasing the Toyota through the streets of Hollywood and calling 911. The reality stars’ exchange with the emergency dispatcher played out in the video, with the dispatcher urging the couple to stop following the car.

According to Simpson and Atteu, Hernandez had a baby in the car during the heated exchange and ran stop signs and ignored traffic lights as he sped away.

“This is it, I’m going to die here,” Atteu told KTLA of his headspace during the ordeal. “I’ve never been faced with that kind of fear in my life on the streets of L.A.”

The Los Angeles Police Department told The Times that Hernandez was arrested Wednesday. He has since been released.



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