AI

Korea Picks 103 AI Solutions From 50 Firms for MoDoo Startup

The Ministry of SMEs and Startups selected the tools after expert review of versatility, technical and price appropriateness, and security.

South Korea's Ministry of SMEs and Startups has announced 103 AI solutions submitted by 50 supplier companies for the second round of its MoDoo Startup project, according to ZDNet Korea.

An evaluation committee made up of AI and software experts assessed the submitted solutions on versatility, technical and price appropriateness, and security.

The selected tools cover tasks including website creation, promotional content generation and contract drafting.

The list of chosen solutions is being published on the MoDoo Startup platform starting on the 12th, with detailed features and usage methods for each solution available from the 14th.

Participants in the second MoDoo Startup first round can use the AI solutions with a budget of up to 1 million won per person. Applications to use the solutions on the platform open on the 16th, the same day explanatory videos for each solution become available there.

Quick answers

How many AI solutions were selected for MoDoo Startup?

The Ministry of SMEs and Startups selected 103 AI solutions from 50 supplier companies.

How much can participants spend on AI solutions?

Participants in the second MoDoo Startup first round can use AI solutions with a budget of up to 1 million won per person.

When do applications open?

Applications to use the solutions on the MoDoo Startup platform open on the 16th.

Source