OpenAI Holds First 'Model Masters' to Help Startups Develop AI

API credits provided to 11 Korean startups

OpenAI said on October 26 that it had held “OpenAI Model Masters,” a program supporting Korean startups in developing artificial intelligence (AI) services.

The scene at the “OpenAI Model Masters” event for Korean startups, held at OpenAI’s Seoul office on the 23rd. Courtesy of OpenAI.

OpenAI launched the program for the first time this year to help startups turn AI application ideas into real products and features and use them to solve problems in business operations. The company provided API credits that startups recommended by venture capital firms (VCs) could use with its models.

The 11 participating companies demonstrated products and features across a range of fields, including business process automation, website development, commerce, real estate development, biotechnology research, and dance and video content production.

Cutback, which presented an AI editing solution based on video understanding, took first place. The company applied OpenAI models’ video-understanding capabilities to professional video editing. It also shared a case in which it extracted 140 highlights featuring a specific player from eight soccer match videos totaling 16 hours.

OpenAI said Cutback was recognized for its ability to select models based on the cost, speed and quality required for each task, as well as for the technical execution of applying its models’ video-understanding capabilities to real editing work.

Han Yuha, account director in charge of startups at OpenAI, said, “We created this program to help Korean startups go beyond developing products with Codex, our coding agent, and make more effective use of OpenAI’s various models and APIs to build their products’ core features.”

This content was produced with the assistance of AI translation services.