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SKT to foster 500 startups over five years as CEO Jung Jae-heon pledges \'AI companion\' role

SK Telecom plans to support 500 promising startups over the next five years to help bolster the AI industry ecosystem, it said. CEO Jung Jae-heon met leaders of South Korean startups at MWC26 in Barcelona and pledged that SKT would act as an “AI companion”. SKT is backing 15 AI and ESG startups at the 4YFN event and plans to support 80 startups this year, increasing the total annually through 2030.