AI Briefing2022 Kaggle Competition
Key point
Upstage won a gold medal by placing 2nd in the Optiver Kaggle competition.
Details
Upstage placed 2nd overall and won a gold medal in the 'Optiver Realized Volatility Prediction' Kaggle competition hosted by global financial firm Optiver. 3,852 teams participated in this competition, and Upstage's Grandmaster Kim Yoon-su led the achievement.
The competition's task was to predict short-term stock volatility over the next 10 minutes based on the previous 10 minutes of bid/ask and trade data across hundreds of stocks. Participants' models were evaluated for accuracy against actual market data collected over 3 months, and Upstage achieved results in the top 0.05% through improvements to its machine learning algorithm performance.
Grandmaster Kim Yoon-su became Korea's 6th Kaggle Grandmaster last year, the youngest to do so, and has since built practical experience through the Global Residency program. As a result, he has added 5 gold medals in global AI competitions since last year and risen to 19th in the Kaggle global ranking.
- As of January '22, there were 2 Koreans among the world's top 20 in AI technology.
- Upstage is also preparing to launch AI Pack, building on its papers and competition results at international conferences such as NeurIPS, AAAI, ACL, and EMNLP.
- AI Pack is a one-stop solution that provides customized OCR, high-performance NLP search, and recommendation technology.
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