SK Telecom promotional material for the AI Startup Accelerator. /Courtesy of SK Telecom

SK Telecom announced on the 9th that it will begin accepting applications from startups to participate in its 'AI Startup Accelerator' program aimed at discovering and growing startups in the artificial intelligence (AI) sector.

'AI Startup Accelerator' is a program designed to accelerate the growth of AI startups, selecting a total of 15 startups through an application process from April 8 to May 9. The selected startups will receive a tailored program and various benefits over a six-month period. Key support includes specialized mentoring for AI startups, business collaboration opportunities with SK Telecom, mentoring and investment review from venture capitalists, participation in demo days, and external investor relations (IR) events.

Since 2023, SK Telecom has discovered and nurtured 30 innovative AI startups over two years, with 10 out of 15 teams selected last year conducting 16 collaborative projects and achieving results.

Additionally, SK Telecom revealed its new environmental, social, and governance (ESG) vision 'DO THE GOOD AI' at a recent shareholder meeting, stating that it aims to drive growth in the AI business and social change based on the synergy between AI and ESG. SK Telecom plans to continue its efforts to discover capable AI startups and expand the AI ecosystem through this program.