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Ministry of Science and ICT Boosts Early Investment in AI Startups; Deepfake-Detection Firm Stillcut Wins Top Prize in Competition

AI 3-line summary
  1. On September 17, the Ministry of Science and ICT and the Korea Telecommunications Operators Association held the final round of a competition to discover AI startups for investment and selected Stillcut as the target company.
  2. Held in Samseong-dong, Seoul, the competition drew applications from 268 companies, a ratio of 33.5 to 1, and eight companies that passed the preliminary round competed in the final.
  3. The eight finalists are competing for a total prize of 80 million won and investment opportunities through KIF, including the AI Venture Fund, while the top three teams also gain a chance to move into Venturium.

Summary written by AI from the original article · 88 languages

Ministry of Science and ICT Boosts Early Investment in AI Startups; Deepfake-Detection Firm Stillcut Wins Top Prize in Competition

Read the full article (machine translation) → Original article (Korean): 과기정통부, AI 스타트업 초기 투자 마중물…경진대회 대상에 딥페이크 판별 ‘스틸컷’

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