Chairman Jae-Chul Kim of Dongwon Group Donates a Total of 60.3 Billion Won to 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."
KAIST Drives National Competitiveness with a Dual-Impact Model for AI Research and Regional Innovation
<Photo of KAIST Students>
KAIST announced on December 9th that it will accelerate the nurturing of world-class scientific talent and regional balanced development. This follows the government's recent announcement on 'Leaping to a Science and Technology Powerhouse, the Republic of Korea, Where People Dream of Becoming Science and Technology Professionals Again (Nov. 7),' which explicitly named the four major science and technology institutes, including KAIST, as AX (AI Transformation) innovation hubs and key leading institutions for regional innovation.
This move aligns with the policy direction of President Jae-myung Lee. On November 4th, President Jae-myung Lee stated in a Cabinet meeting, "STEM talent is the core of national competitiveness," adding that "the increase in applicants for early admissions to the four major science and technology institutes is a very desirable phenomenon for the nation's future." In particular, the President requested that the government "actively seek concrete policies, such as expanding the allowance for transfers between STEM fields, increasing budget support, securing excellent faculty, and upgrading research and education infrastructure, because science and technology institutes can also significantly contribute to regional balanced development."
KAIST President Kwang Hyung Lee stated, "Strengthening AI research capabilities and regional balanced development is a Dual-Impact Model for AI Research and Regional Innovation that boosts national competitiveness." He confirmed that through the government's policy direction, the innovation philosophy KAIST has pursued—that 'the region is national competitiveness'—has been established as a core national direction.
In reality, KAIST continues to firmly play a central role in nurturing the talent that sustains South Korea's science and technology sector, even amid the deepening phenomenon of students flocking to medical schools. The increase in early admission applicants to the four science and technology institutes proves the successful establishment of education and research foundations where students can choose the dream of becoming science and technology professionals instead of doctors. To accelerate this trend, KAIST is focusing on establishing a National AI Research Lab and pioneering the next-generation AI research paradigm with the goal of becoming one of the top three AI powerhouses (G3) globally.
Our university was selected not only to lead the development of the next-generation bio-AI model 'K-Fold'—which surpasses Google DeepMind—and as a key participating institution in the Lunit consortium, but also as a core research team in the national AI flagship project, the 'Generative AI Leading Talent Cultivation Program.' Through discovering research topics that reflect diverse technological demands from industries, nurturing advanced AI talent, and demonstrating research outcomes in industrial settings, KAIST is being reborn as a field-ready leader guiding the AI Transformation (AX) across all of South Korea's industries.
KAIST's AI research competitiveness has also been officially recognized overseas. NVIDIA CEO Jensen Huang personally introduced KAIST as an "Amazing University" during his keynote speech at the 2025 APEC CEO Summit (Oct. 31), highly evaluating KAIST's world-class research capabilities and global collaboration potential.
Regional innovation is also gaining momentum. Our university is expanding physical AI-based research infrastructure in regions like Jeonbuk and Gyeongnam, centered around its main campus in Daejeon. Through the AI and robot-based 'Robot Valley Project' and the 'Global Innovation Startup Growth Hub Project,' in cooperation with Daejeon City, KAIST is supporting the advancement of local industries and the growth and global expansion of startups.
<ANGEL SUIT, a gait-training robot>
In particular, Sovagen—a bio-company founded on the technology of Professor Jeong Ho Lee of the KAIST Graduate School of Medical Science—recently succeeded in an overseas technology transfer of an RNA new drug for epilepsy valued at 750 billion KRW, proving a virtuous cycle model of innovation where university research translates into actual industry success.
Furthermore, the foundation for future talent development is being strengthened through efforts like promoting a culture of challenging research via the 'Failure Lab,' and early nurturing of outstanding talent through the 'Junior KAIST' and '3+4 TUBE Programs.' While setting the direction for regional university innovation through the specialized and performance-centric 'KAIST Model,' the university is also taking the lead in popularizing science and fulfilling its social responsibilities.
President Kwang Hyung Lee emphasized, "We will continue to pursue the expansion of the AI research budget and the establishment of international joint research infrastructure through close cooperation with the government." He concluded, "We will cultivate young talents who have chosen the future to be the main players in South Korean science and technology, fulfilling our central role in the 'AI Powerhouse Republic of Korea,' where the nation and the regions grow together."