Naver Cloud Supports AI Startups... Launches Service Based on HyperCLOVA X

Through Startup Support Program
5 Companies Set to Launch AI Services

Naver Cloud announced on the 13th that it introduced five startups preparing to launch artificial intelligence (AI) services through its startup support program at the global startup festival 'Try Everything 2024.'

At this event, Naver Cloud set up a booth showcasing services from a total of nine companies, including five startups preparing to launch AI services based on 'HyperCLOVA X' and startups utilizing Naver Cloud's infrastructure.

At the Try Everything 2024 Naver Cloud Open Innovation session, a panel discussion is being held with AI startups.
[Photo by Naver Cloud]

Since 2017, Naver Cloud has been providing credits for using the Naver Cloud Platform and technical consulting from experts in various fields through its 'Greenhouse' program. In particular, it supports innovative AI service development by startups utilizing 'HyperCLOVA X.'

Through this, five companies are preparing to launch their services: 'Sunday Thinker,' which operates PandaRank, an e-commerce marketing data analysis platform necessary for online business; 'Drap,' which offers generative AI-based advertising creative and product photo generation, as well as automated advertising execution solutions; 'Little Song Music,' which operates BGM Factory, a Korean-style background music and sound effects library service created by a professional music production company; 'MyFranchise,' which runs MyFcha, a platform connecting franchise headquarters and prospective entrepreneurs; and 'Wadle,' which develops the AI agent Zentu that increases purchase conversion for commerce companies.

Naver Cloud provided promotional booths for nine startups at the Try Everything event, allowing consumers to directly experience the services and provide feedback. On the 12th, a session titled 'Innovation Created Together by Naver and Startups, Open Innovation' was held. Afterwards, collaboration experiences were shared through a panel discussion with AI startups.

Yoon Hee-young, Executive Director of Naver Cloud, said, "We provide practical support such as infrastructure and technology assistance, market validation, and joint marketing to startups, helping to reduce initial cost burdens and enable stable service provision." He added, "We will continue to expand various cooperation programs and support benefits to foster an ecosystem of co-growth with startups."