LG Electronics CEO Cho Joo-wan is moving ahead to attract top AI talent in the field of artificial intelligence (AI) by offering annual salaries exceeding $1 million. This approach and strategy are taken to compete with the major U.S. tech companies like OpenAI and Microsoft. These companies have already taken movement in substantial investments in AI research and development.

By issuing such lucrative offers, LG Electronics CEO, Cho aims to attract exceptional AI experts to join LG Electronics. This step remarks the company's identification of the importance of AI talent in navigating innovation for long-term growth.

To strengthen its AI capabilities, LG Electronics is actively seeking talent in the core of the Artificial intelligence jobs, especially in Silicon Valley, California. The company's executives, including LG Electronics CEO, Cho, are indulging themselves in recruitment activities, also by attending tech conference meetings to identify and recruit.

“The tech industry is at a crucial inflection point with the development of AI, and we are here to reinvent the future together,” LG Electronics CEO, Cho told the attendees at the recruitment event.

LG Electronics marks AI integration as important across its functioning, from home appliances to TVs and electronics. The company has been gathering vast amounts of customer data using platforms like ThinQ and WebOS, which are necessary for developing new AI-driven businesses and services.

The upcoming LG innovation in AI initiative is the launch of an "AI Agent" service. This service will rectify the lifestyle patterns and emotional data in real-time to improve the functionality of home appliances. Also, LG plans to team up with Microsoft to discover AI practices applicable to its various business segments.

“In the second half of this year, we will launch ‘AI Agent,’ an AI service that collects lifestyle patterns and emotion data in real-time to operate home appliances,” LG Electronics CEO, Cho said. “In the future, if you wake up in the morning and your complexion is not good, home appliances, such as the TV, will capture it and schedule a doctor’s appointment.”

Moreover, LG Electronics is investing heavily in AI RND, a mission to achieve technological independence by building its own AI models and chips for home appliances and semiconductors. The company also aims to expand into the home and wearable robot market, as demonstrated by its recent investment in Bear Robotics.

Overall, LG Electronics' aggressive recruitment drive and strategic focus on AI reflect its commitment to staying competitive in the rapidly evolving tech landscape and leveraging AI to drive innovation and growth across its business segments. To achieve this, they have launched a bold recruitment drive to hire AI-skilled individuals. To incentivize the hiring process, LG Electronics is offering $1M to those who excel in AI jobs.