Translated from the original article (https://www.sedaily.com/NewsView/29UTKPIN4H):

The "Generative AI Startup Association," a consortium of startups in the field of generative artificial intelligence (AI), has been launched. Comprising major startups from 20 companies, the association plans to work together to foster the AI ecosystem and enhance the global competitiveness of the domestic AI industry.

Lee Se-young, CEO of Wrtn Technologies and the inaugural chairman of the Generative AI Startup Association, stated at the launch ceremony held at the Korea Press Center in Jung-gu, Seoul, on the 25th, "We will actively work towards creating a new future with technology, people, and generative AI. We will also strive for public-private cooperation for national agendas such as leapfrogging into super-large AI, enhancing AI reliability, promoting the startup ecosystem, and transitioning to an innovation platform. Through cooperation across various sectors, we aim to foster the healthy growth of the AI industry."

The association has outlined three major objectives: creating an AI ecosystem for everyone, providing healthy and safe AI services that fulfill social responsibilities, and enhancing the global competitiveness of South Korea's AI industry. To achieve these goals, the association plans to listen to the opinions of its member companies on AI-related issues, and engage in technology exchanges, social communication, and publishing generative AI startup reports.

The association's board members include Ki-Jung Kim, CEO of Coxwave; Sung-Hoon Kim, CEO of Upstage; Jong-Yoon Kim, CEO of ScatterLab; Chan-Min Woo, CEO of Liner; and Byung-Gon Jeon, CEO of FriendliAI. Member companies include Nouvo AI, Liberty Labs, Mathpresso, BHSN, Theta One Korea, SelectStar, Supertone, SnapTag, Sweet And Data, Onoma AI, WeCover Platforms, ZenIP, Fora Labs, and 42Maru. Jong-Yun Kim, the auditor of the association, promised, "We will work hard to help startups in the generative AI field grow into unicorns (privately held startups valued at over 1 trillion won) and conduct business worldwide."

Go Jin, the chairman of the The Presidential Committee on the Digital Platform Government, expressed in his congratulatory speech, "for South Korea to become a leading AI nation, a variety of AI startups must grow. We expect the Generative AI Startup Association to be the cornerstone of the development of the AI industry." Lee Young, the Minister of SMEs and Startups, conveyed, "The Ministry will spare no effort in supporting the development of the generative AI industry and the growth of AI startups."