New York, United States, September 20th, 2024,
Chainwire
The Ignition AI Accelerator, a collaborative initiative
between NVIDIA, Tribe, and Digital Industry Singapore (DISG), today
announced that Aptos Foundation has
partnered with The Ignition AI Accelerator to drive growth and
advancement of AI startups in Asia. This deepens Aptos Foundation’s
work to connect its expertise and Aptos-related technology with
artificial intelligence solutions that are expected to be the game
changer for economies and businesses.
With Aptos Foundation providing
industry expertise and funding support, The Ignition AI Accelerator
is poised to drive APAC’s next generation of high-potential AI
innovators and founders that are pushing the boundaries of AI
development on a global scale. According to recent IMF research,
Singapore is the world’s most prepared country for AI, which
reflects years of aggressive investment in AI
infrastructure and talent in the country.
Aptos Foundation will be providing
resources and support for AI startups in the accelerator, opening
doors to emerging technologies and providing them with access to
global markets. Aptos Foundation will leverage Microsoft’s OpenAI
Service, which it hopes will eliminate barriers to adoption and
establish a clear path for the practical application of frontier
technologies. Aptos Foundation has key relationships with AI
leaders, including Overlai and Adot.
Ng Yi Ming, Director, The Ignition AI
Accelerator, emphasised, “Onboarding Aptos Foundation as a
technical partner marks a key milestone in The Ignition AI
Accelerator’s mission to fuel AI startups and drive synergies with
global leaders in emerging technologies. By harnessing resources
and expertise, we aim to empower AI startups with the tools they
need to build applications that will define the next phase of
technological advancements. Together, we are committed to driving
the evolution of the AI sector and nurturing a new generation of AI
entrepreneurs.”
While Aptos Foundation’s mission is to
drive blockchain accessibility and decentralisation, the expansion
further into AI technologies is expected to add a new dimension to
the global ecosystem bringing emergent technologies to the
masses.
“The growth potential for AI is unmatched, and we look
forward to leading the way in this transformative approach to
fueling innovation and entrepreneurship. With this partnership, we
aim to join the global partners at The Ignition AI Accelerator in
catalysing the creation of AI applications, ideas, products and
services,” said Bashar Lazaar, Head of Grants &
Ecosystem of Aptos Foundation. “Together, we will empower
a new wave of AI tech founders and pioneers building the future in
APAC with worldwide potential.
The Ignition AI Accelerator, launched
in May 2024, is a global initiative based in Singapore that
supports AI startups with business and technical acceleration,
offering deep AI development expertise, cloud credits, and funding
opportunities. Since its inception, it has partnered with leading
industry giants to provide diverse emerging ventures with the right
knowledge and expertise to scale their AI-focused businesses
globally.
About The Ignition AI Accelerator
The Ignition AI Accelerator, a
collaborative initiative by NVIDIA and Tribe and supported by
Digital Industry Singapore (DISG), is designed to identify
high-potential, growth-stage tech founders to accelerate their
success and growth. We are dedicated to fostering a growing and
thriving tech & AI ecosystem by pushing the boundaries of what
frontier technologies can offer.
The Ignition AI Accelerator provides
high-potential, growth-stage tech founders with access to
cutting-edge AI tools and deep development guidance, aimed at
producing market-ready AI products and services. By leveraging a
global network of corporate and investor partners, The Ignition AI
Accelerator helps startups forge significant partnerships and
penetrate international markets, driving innovation and
transformation across sectors including in healthcare and
finance.
The Ignition AI Accelerator is
exploring corporate partnerships. Interested parties can find out
more information at https://www.theignition.ai.
About Aptos Foundation
Aptos Foundation is dedicated to
supporting the development of the Aptos protocol, decentralized
network and ecosystem and driving engagement with the Aptos
ecosystem. By unlocking a blockchain with seamless usability, Aptos
Foundation aims to bring the benefits of decentralization to the
masses. Users can visit https://www.aptosfoundation.org for more
information.
About Aptos Network
Aptos is a next-generation Layer 1
blockchain. Aptos’ breakthrough technology and programming
language, Move, are designed to evolve, improve performance and
strengthen user safeguards. Users can visit https://www.aptosfoundation.org for more information
on the Aptos blockchain.
Contact
Comms Advisor
Brian
Principato
Aptos
brian@hirschleatherwood.com