Tech startup 42Maru eyes foreign market with deep learning solution

42Maru is moving to expand its presence in Britain

March 8, 2019, noon

Korean tech startup 42Maru is moving to expand its presence in Britain, as part of efforts to spread what it calls the Question Answering system built on deep learning technology beyond the local market.

The company, established in late 2015, said its QA system is being used not only for digital chatbots but also for the Smart Watch from broadband carrier LG U+ and smart speakers from telecom giant KT.

42Maru has 28 employees, including top search engine experts. It successfully completed the demo day at the Techstars London 2018 accelerator program last summer and was selected among 1,200 startups after fierce competition.

The venture’s foray into Britain came after it was accepted to the Global Entrepreneurship Program run by Britain’s Department of International Trade. 42Maru said its deep learning-based system is deemed superior to existing ontology-based or ruled-based solutions.

At the heart of 42Maru’s QA system is the Machine Reading Comprehension engine, which had joined the MRC competition organized by Stanford University and competed with the Google AI Team in November 2018. The MRC engine allows computers to understand the meaning of a passage and to find answers to any given question.

42Maru said it recently provided its QA system to Daewoo Shipbuilding & Marine Engineering to help deal with a number of technical inquiries and contract-related issues in a timely manner.

“We have already completed deep learning (sessions) on about 100,000 sets of data,” a Daewoo official said. “Since the system becomes smarter as we continue to use it, we expect it to evolve into a more accurate and powerful system through additional learning processes.”

Source: Korea Herald

Techstars London