KAIST

<Jae-Chul Kim, Honorary Chairman of Dongwon Group>

"In the era of AI, a new future lies within the sea of data. I ask that KAIST leaps forward to become the world's No. 1 AI research group." — Jae-Chul Kim, Honorary Chairman of Dongwon Group

KAIST announced on January 16th that Honorary Chairman Jae-Chul Kim of Dongwon Group has pledged an additional 5.9 billion KRW in development funds to foster Artificial Intelligence (AI) talent and strengthen research infrastructure, bringing his total contribution to 60.3 billion KRW. This marks his second additional donation since 2020, continuing his steadfast support for strengthening South Korea's national competitiveness in the field of AI.

Through his initial donation in 2020, Chairman Kim established the 'Kim Jaechul Graduate School of AI' at KAIST, urging the university to secure world-class capabilities. Upon hearing that KAIST’s AI research level ranked 5th among global universities over the past five years (2020–2024), Chairman Kim requested that the university strive to reach the No. 1 spot in the world.

In response, President Kwang Hyung Lee explained, "To surpass Carnegie Mellon University (CMU), which is currently evaluated as the world’s best with an AI faculty of about 45, the KAIST Graduate School of AI needs to expand its faculty to over 50 and construct a dedicated research building." Chairman Kim responded by saying, "I will build the building," and this latest donation is a fulfillment of that promise.

This third pledge of 5.9 billion KRW was decided to cover the projected budget shortfall as the design of the AI Education and Research Building enters full-scale development.

The AI Education and Research Building will be a facility with 8 floors above ground and 1 basement level, covering a total floor area of 18,182 m² (approx. 5,500 pyeong). It is scheduled for completion in February 2028. Once finished, it will serve as a global AI research hub housing 50 faculty members and 1,000 students.

Since the 2021 academic year, KAIST has been selecting 60 Master’s and 10 Doctoral students annually as 'Dongwon Scholars' outside of the regular quota for a period of 10 years. While the tuition and research incentives for the first three years were supported by the donation, KAIST has been utilizing its own budget since the 2024 academic year to ensure students can focus entirely on their research.

Moving forward, the Kim Jaechul Graduate School of AI plans to build a world-class faculty and operate systematic Master's and Doctoral programs to cultivate global AI leaders. In addition to technical expertise, the school will offer educational programs focused on character and holistic development, leading the charge in strengthening Korea's AI competitiveness.

Honorary Chairman Jae-Chul Kim stated, "I hope this donation serves as a small 'priming water' for South Korea to leap forward as an AI powerhouse. I look forward to seeing global core talents grow here and contribute to our national strength."

President Kwang Hyung Lee expressed his gratitude, saying, "Chairman Kim’s unwavering support is the greatest driving force for KAIST to secure global AI sovereignty. We will ensure the Kim Jaechul Graduate School of AI becomes a mecca where the world's best AI minds gather to innovate, honoring the Chairman’s vision."