Search results for Korea Startup Forum
AI & Enterprise
NIPA, Korea Startup Forum join hands to support growth of AI, ICT startups
The National IT Industry Promotion Agency (NIPA) said on July 24 it signed a memorandum of understanding with the Korea Startup Forum on July 23 at Maru360 in Seoul to support innovative growth of AI and ICT startups. The two sides will cooperate on infrastructure to provide public resources based on demand, address regulatory hurdles and difficulties in the field, work on policy cooperation reflecting private-sector views, and support global expansion using overseas hubs and networks.
Finance
Finance industry needs lower network segregation, infrastructure barriers to speed AI innovation
Use of artificial intelligence in South Korea\'s finance industry is spreading to credit scoring, fraud detection, financial advice and wealth management, but network segregation rules and limited access to AI infrastructure are constraining innovation, speakers said at a forum. Experts urged a shift in regulation from prior permission and approval toward continuous verification and accountability management. Fintech representatives also called for broader participation in rule changes and improved access to up-to-date AI models and infrastructure.
AI & Enterprise
AI startups need markets, not technology; government should be first customer
Industry participants at the AXIS 2026 conference in Seoul said AI startups lack markets and first customers rather than ideas or technology, and urged the government to play an early-market role. Korea Startup Forum Chairman Jae-won Kim (김재원) said Korea has the layers needed for an AI powerhouse but needs the government to act as a customer. Companies cited public demand, regulation and domains such as defence and disaster response. Officials and lawmakers voiced support for first-use and purchase projects.
