Venture capital (VC) SBVA said on the 31st that it will join the "Korea physical AI Start - Up alliance" organized by Nvidia as a member company.
The Korea physical AI Start - Up alliance is a cooperative body that supports domestic AI Start - Ups to foster the AI industry and build an innovation ecosystem, with the government, technology-leading corporations, and VCs participating in addition to Nvidia.
Based on its participation in this alliance, SBVA plans to identify promising AI Start - Ups with innovative technology and take on the role of systematically helping them from the early growth stage through scale-up.
SBVA CEO Lee Jun-pyo said, "In an era of AI-centered industrial transition, we will focus on laying the groundwork for next-generation AI Start - Ups to grow together with global technology corporations."