Key Takeaways:
- Ten burgeoning Generative AI companies will receive the chance to test their products and business hypotheses, gain access to an extensive corporate network, launch a paid pilot, or secure substantial investment.
- The program offers assistance from top-tier business mentors and technical professionals specializing in Generative AI, machine learning, MLOps, and data science, promising significant technological advancement.
- With no equity required, the program empowers startups to retain complete ownership while gaining valuable experience, exposure, and potential opportunities for commercialization and integration with established corporations.
Unleashing Potential: The Power of Acceleration
In a groundbreaking move, Intema, an international deep tech accelerator, has announced a novel online, equity-free program designed to bolster Generative AI companies for a successful corporate launch. These ten potential game-changers will be competing with notable entities such as ChatGPT, Midjourney, DALL-E, and CoPilot, presenting them with an unparalleled opportunity to push boundaries, test their innovations, and seize opportunities for lucrative investment or paid pilots.
This visionary acceleration program is tailor-made for developers working with text, image, video generation technologies, 3D object and space generation products, and Gen AI for HR and Business Intelligence. In addition, startups creating solutions for pair programming, automatic code generation, automated data markup, chatbots, and more stand to gain enormously from this opportunity.
Harnessing Innovation: A Roadmap to Success
Commencing in September, the intensive 12-week program will enable startups to supercharge their core technologies with access to powerful computing resources for deploying and training ML models, and big data repositories from partner corporations. Furthermore, participants will benefit from in-depth technical audits of products and recommendations for algorithm optimization.
Individual sessions with business mentors and technical professionals, drawn from the most prestigious deep tech corporations, promise to be an enriching experience. These industry veterans, specializing in Generative AI, machine learning, MLOps, and data science, will provide startups with invaluable insights and guidance.
The Future Beckons: The Promise of Commercialization
The acceleration program is designed with a forward-thinking approach that culminates in opportunities for commercialization, launching paid pilots, and integrating solutions with real-world corporations. The grand finale will be an online Demo Day in November where startups showcase their innovative solutions to a global audience. Remarkably, Intema ensures that participants retain full ownership of their ventures, without seeking any equity in exchange for acceleration.
According to Alex Posternak, CIO and co-founder of Intema, Generative AI has the potential to add a staggering $2.6 trillion to $4.4 trillion annually to the global economy. He notes the importance of providing a secure environment for up-and-coming startups to test their technological solutions and apply their unique expertise in generative AI.
Participant Requirements and Application Process
To be eligible for participation in the accelerator, companies must aim at commercializing a technology, be at least at the stage of testing a working technology, and have a robust team. There are no geographic restrictions for project submissions, but English proficiency is a requirement. Applications are open until August 1, 2023.
About Intema
INTEMA is an international deep tech company committed to advancing AI technologies. It accelerates AI startups, offers consulting services, manages a network of hubs, and invests in AI companies through its robust network of partners spread across Asia, Europe, North, and South America. The unique INTEMA VC internal fund has the capacity to invest up to $10M in a single company, making it a potent player in the AI ecosystem.
The Generative AI Acceleration program is another sterling initiative from INTEMA, specifically designed for MTS PJSC, that promises to redefine the landscape of generative AI. It is not just an accelerator; it is a beacon of hope for innovative startups striving to make a significant impact in the corporate world.
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