New York, United States, September 20, 2024, Chainwire
Ignition AI Accelerator, a collaborative initiative between NVIDIA (NASDAQ:), Tribe and Digital Industry Singapore (DISG), today announced that Aptos Foundation has partnered with Ignition AI Accelerator to fuel the growth and development of AI startups in Asia. This deepens the Aptos Foundation’s work to combine its Aptos-related expertise and technology with AI solutions that are expected to change the rules of the game for economies and businesses.
With Aptos Foundation providing industry expertise and financial support, Ignition AI Accelerator is poised to fuel the next generation of high-potential AI innovators and founders in APAC who are pushing the boundaries of AI development on a global scale. According to a recent IMF study, Singapore is the most prepared country in the world for AI, reflecting years of aggressive investment in AI infrastructure and talent in the country.
The Aptos Foundation will provide resources and support to AI startups in the accelerator, opening doors to up-to-date technologies and providing them with access to global markets. The Aptos Foundation will leverage Microsoft’s OpenAI service, which it hopes will eliminate barriers to adoption and establish a clear path to practical application of frontier technologies. The Aptos Foundation has key relationships with AI leaders, including Overlai and Adot.
Ng Yi Ming, Director, Ignition AI Acceleratoremphasized, “The addition of Aptos Foundation as a technical partner marks a key milestone in The Ignition AI Accelerator’s mission to propel AI startups and drive synergies with global leaders in emerging technologies. By leveraging our resources and expertise, we aim to equip AI startups with the tools they need to build applications that will define the next phase of technological advancement. Together, we are committed to driving the evolution of the AI sector and nurturing the next generation of AI entrepreneurs.”
The mission of the Aptos Foundation is to make blockchain technology more accessible and decentralized, but further expansion into artificial intelligence technologies is expected to add a up-to-date dimension to the global ecosystem, making emerging technologies accessible to the masses.
“The growth potential of AI is unparalleled, and we look forward to leading this transformational approach to driving innovation and entrepreneurship. With this partnership, we look forward to joining global partners in The Ignition AI Accelerator in catalyzing the creation of AI applications, ideas, products, and services,” he said. Bashar Lazaar, Head of Grants and Ecosystem at Aptos Foundation“Together we will empower a up-to-date wave of AI founders and pioneers building the future in APAC with global potential.
Ignition AI Accelerator, launched in May 2024, is a global initiative headquartered in Singapore that supports AI startups in business and technical acceleration by offering deep expertise in AI development, cloud credits, and financing opportunities. Since its inception, it has partnered with leading industry giants to provide diverse emerging ventures with the right knowledge and experience to scale their AI-focused businesses globally.
About the Ignition AI AcceleratorIgnition AI Accelerator, a joint initiative between NVIDIA and Tribe, supported by Digital Industry Singapore (DISG), aims to identify founders of high-potential and growth-stage technology companies to accelerate their success and growth. We are committed to supporting a growing and blossoming technology and AI ecosystem by pushing the boundaries of what frontier technologies can offer.
Ignition AI Accelerator provides founders of high-potential and growth-stage technology companies with access to cutting-edge AI tools and in-depth development guidance to produce market-ready AI products and services. Leveraging a global network of corporate partners and investors, Ignition AI Accelerator helps startups build meaningful partnerships and penetrate international markets, driving innovation and transformation across sectors including healthcare and finance.
The Ignition AI Accelerator is exploring corporate partnerships. Interested parties can find more information at https://www.theignition.ai.
About the Aptos FoundationThe Aptos Foundation is dedicated to supporting the development of the Aptos protocol, the decentralized network and ecosystem, and driving engagement in the Aptos ecosystem. By unlocking the blockchain with seamless usability, the Aptos Foundation aims to bring the benefits of decentralization to the masses. Users can visit https://www.aptosfoundation.org for more information.
About the Aptos networkAptos is a next-generation Layer 1 blockchain. Aptos’ groundbreaking technology and programming language, Move, is designed to evolve, improve performance, and strengthen user security. Users can visit https://www.aptosfoundation.org for more information about the Aptos blockchain.
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