Waddle, an interactive artificial intelligence (AI) startup, has signed an enterprise contract with OpenAI
Waddle, an innovative AI startup, has recently inked a significant enterprise deal with OpenAI. This groundbreaking contract paves the way for the utilization of Open AI's advanced technology on a large scale by the company. Notably, this marks the first instance of a local startup securing an enterprise contract with OpenAI.
Partnership Details
According to the Ministry of SMEs and Startups, Waddle, in collaboration with OpenAI through a global corporate partnership program, officially signed the enterprise contract on the 7th of the month.
About Waddle
Waddle specializes in the development and provision of 'Gentoo', an interactive AI shopping agent. The startup garnered a notable 2 billion won in Free A investment from Kakao Ventures, Bon Angels, and Fast Ventures. Furthermore, it was recognized as one of Forbes Asia's top 100 promising companies in August.
One of Waddle's flagship products is the AI agent "Gentoo," which functions as a personalized shopping assistant. Unlike conventional chatbots that offer predefined responses to FAQs, Gentoo mimics the role of an in-store sales clerk by providing tailored product recommendations to drive actual sales.
Recent Developments
In a recent advancement, Waddle unveiled the Gentoo 2.0 version, which leverages customer intentions and scenarios to deliver seamless product recommendations during conversations. Major companies in Korea such as Kyobo Life Insurance, 11th Street, and Samsung Well Story have already integrated Gentoo into their operations.
Collaboration with OpenAI
Waddle's collaboration with OpenAI was facilitated through the Ministry of SMEs and Startups' global corporate collaboration initiative. This initiative, aimed at fostering promising Korean startups in the AI sector, saw the participation of ten companies in the global program.
Future Outlook
Cho Kyung-won, a startup policy officer at the Ministry of SMEs and Startups, expressed plans to further engage with global industry leaders to bolster the international growth of local startups.
