Korean AI startups challenge conglomerates in 'AI Squid Game'

South Korean startups Motif Technologies and Upstage are challenging conglomerates SK and LG in the race to build a national AI foundation model. The competition is reshaping Korea's traditionally conglomerate-dominated tech landscape. The dynamic mirrors a broader global trend where nimble AI startups compete with established tech giants for AI supremacy, with the Korean government supporting domestic AI development as a strategic priority.

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