Introduced at Asia Tech x Endeavor 2024, Ignition AI Accelerator is a fresh world AI startup accelerator primarily based in Singapore. Its four-month program will foster best-in-class assistance platform AI startups to thrive within the abruptly rising world AI marketplace.
A collaboration between tech gigantic NVIDIA, startup ecosystem builder Tribe and Virtual Business Singapore (DISG), a joint place of business between the EDB, EnterpriseSG and IMDA. Ignition AI Accelerator has gained an preliminary blended funding of US$3 million and has already decided on an preliminary cohort of 15 startups.
The AI marketplace in Singapore is i’m ready for important expansion. Projections point out it is going to surpass US$1 billion by way of year-end 2024 and quadruple to US$4.6 billion by way of 2030.
Ignition AI is a curated four-month programme that features a layout of coaching workshops to reinforce core AI-building capacity, masking the whole AI stack, from GPU to software layer building framework. Startups will obtain cloud credit to unblock building throughout more than one cloud platforms, permitting them to undertake a versatile style throughout other cloud environments and on-premise infrastructure.
This system will grant coveted alternatives to bridge the distance between startups and doable buyers, together with firms, VCs, and personal buyers. It’s going to reveal the startups to real-world pitching and aid them pack early-stage investment assistance for his or her launch-ready answers.
As well as, a professional advisory will aid startups in any respect phases of this program, together with in-depth training from supremacy experts, subject material mavens, and skilled founders.
As a part of this program, NVIDIA and Tribe will collaborate with Endeavor Singapore (EnterpriseSG) to trade in certified AI startups investment assistance throughout the Startup SG Tech scheme.
Packages for the later cohort are detectable, and you’ll be able to check in at their website online.
Property Symbol: EDB
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