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SEOUL, Aug. 29 (Yonhap) — Microsoft Corp. on Monday introduced the launch of a complete tech assist program for promising startups in South Korea to assist up-and-coming corporations broaden globally.

The Microsoft Launcher program plans to supply as much as 500 million gained (US$370,000) value of assist to a choose variety of startups, in keeping with the U.S. software program big.

It plans to supply assist in credit and licensing for its cloud computing platform Microsoft Azure and different technical assist. The corporate may also present free use of its numerous enterprise software program options for one 12 months.

Chosen teams may also be given the chance to make the most of GPT-3, an AI language mannequin developed by U.S. analysis lab OpenAI that makes use of deep studying to provide human-like texts, of their merchandise.

All startups with software-based services and products, and in states of pre-Sequence C financing, are eligible to use.

Ahmed Mazhari, president of Microsoft Asia, stated at a press convention in Seoul that this system will empower the Korean startup ecosystem by offering a dependable end-to-end know-how stack and can speed up the innovation and world enlargement of Korean startups.

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