Exit Selections for MSIT TIPS, Recognized for Multimodal AI Competitiveness

AI healthcare company Exit said it has been selected for the Ministry of SMEs and Startups' private investment-led technology startup support program, TIPS. Exit was chosen after being recommended by Samsung Fire, a TIPS operator, and will receive a total of KRW 800 million in R&D funding over the next 2 years. Exit's CEO is Kim Seong-ho.

TIPS is a program that provides R&D funding after private operators identify, invest in, and recommend startup companies with technological capabilities and growth potential, followed by a separate government evaluation. Through this selection, Exit has been recognized for its noncontact multimodal AI technological competitiveness and R&D capabilities, and has secured a foundation for advancing its core technologies.

The technology developed by Exit is an AI called Human State Intelligence. It simultaneously interprets a range of signals expressed by the human body and mind, with a core approach that combines camera-image-based biosignal estimation rPPG technology with facial expressions, voice, and daily-life data. It also performs noncontact multimodal analysis without separate sensors, analyzing relationships among multiple signals and changes over time to integrate inferences about users' physical, emotional, and cognitive states.

The focus of this project is to expand multimodal analysis for monitoring solutions currently being provided to the global caregiving market. While the existing scope was limited to status checks centered on biosignals, the company plans to expand it by simultaneously analyzing various types of information, including facial expressions and voice. The goal is to help care workers more broadly understand the physical changes, emotional state, and cognitive state of the people they support.

To improve analysis stability, the company is taking into account real-world conditions such as the characteristics of older adults, lighting, and movement. It also plans to improve the way results are delivered and how they are used by reflecting feedback from the field. Exit has continued to secure intellectual property through patent registration and filings related to its core technologies, and it recently obtained venture company certification as well.

Exit has set a policy to strengthen the development of its own algorithms and AI models following this TIPS selection. It plans to link R&D results to upgrading existing solutions and expanding its business, and in South Korea it plans to respond to on-site demand arising from community-integrated care policy. In line with the policy direction of connecting medical care, nursing care, health management, and caregiving services around the needs of individuals, it plans to refine a status monitoring model that can be used at local governments, public health centers, welfare centers, in-home care providers, and long-term care institutions. Its own solution, V CARE, supports everyday status checks and change detection, and provides information that complements care workers' observation and counseling.

Kim Nam-hee, a director at Exit, said the meaning of this TIPS selection is that the company has been recognized for its accumulated technology and R&D capabilities. She added that the company plans to combine multimodal AI with the monitoring solution it provides to the Japanese market, expand the value it delivers in the field, and develop it into an AI healthcare solution that can also be used in South Korea's integrated care environment.

Source: TECHWORLD · Kim Kyung-joo
Original: https://www.epnc.co.kr/news/articleView.html?idxno=407729

References

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