Scatter Lab

Executive Summary

The South Korean artificial intelligence company Scatter Lab focuses on building computer programs that talk like people. They use their famous Lee Luda digital companion and an internal database of billions of actual human chat messages to train their systems. The company uses two ways to make money, bringing in 50 million dollars in total sales by selling digital friends to regular people and selling their technology tools to other businesses. Although their total sales are growing, the company is spending a lot of money on research and expensive computer hardware. This high spending led to a reported loss of 30 million dollars after all expenses. Large companies like SK Telecom invested money after Scatter Lab completely rebuilt how they protect private information to fix earlier mistakes. Scatter Lab stays ahead of rivals because their Pingpong software engine is better at talking with emotions than typical models that only focus on providing facts. This potential stock market debut is a major test for whether investors truly want to buy into companies that only focus on social artificial intelligence.