SingleStore Launches dot_product Accelerator AI Program
July 30 2024 - 9:00PM
Business Wire
New program powers startups in Asia Pacific to
develop world-class AI applications
SingleStore, the real-time data platform that helps users
transact, analyze and contextualize their data, announced today
that it is launching a new accelerator program for AI startups in
the Asia Pacific region. The program furthers SingleStore’s vision
to partner with businesses in the region to develop world-class AI
applications.
SingleStore is committed to innovation and advancing AI’s
development in Asia and around the world. In particular, India and
Singapore are poised to become hubs of technological innovation,
with significant government and private investment pouring into AI
development. SingleStore’s goal for the accelerator program is to
help startup communities develop cutting-edge AI technologies
through the best and most responsible use of data. Eligible
startups will be able to apply for SingleStore credits to help
build, grow and scale their missions.
“It is a good moment to be in tech in India and Singapore, as
their burgeoning and diversifying economies are attractive for tech
investment,” said Raj Verma, CEO of SingleStore. “We are here to
help this region become a hub for AI and technological innovation,
and are committed to providing users with a robust data platform to
support their current and future data needs.”
“B2B marketing has become more data driven, requiring a data
platform with speed, scale and simplicity, automating data analysis
in milliseconds rather than minutes,” said Aravind Murthy,
Co-Founder, Factors.AI. “We are proud to work alongside SingleStore
in fostering AI’s development and deployment while providing
real-time data analysis to our B2B customers.”
As the only data platform that can act as a single store for all
AI applications, SingleStore remains at the forefront of generative
AI innovation. The company released the latest version of its data
platform in June 2024, and this new AI accelerator program will be
an asset to supporting rising startups and customers looking to
harness their data to advance their company’s growth.
In 2024, SingleStore earned five 2024 TrustRadius Top Rated
Awards, the most the company has ever won in a single year. Four of
those awards were earned for the third consecutive year, while the
recognition in the Vector Database category was a first.
To experience what a new AI application could look like with
SingleStore, visit here. Learn more about SingleStore here.
Additional Resources:
- Try SingleStore for free
- Read the SingleStore blog to learn more about today’s
announcement
- Follow SingleStore on X, Facebook, LinkedIn and Instagram
About SingleStore
SingleStore empowers the world’s leading organizations to build
and scale intelligent applications using the only data platform
that allows you to transact, analyze and contextualize data in real
time. With streaming data ingestion, support for both transactions
and analytics, horizontal scalability and hybrid vector search
capabilities, SingleStore helps deliver 10-100x better performance
at 1/3 the costs compared to legacy architectures. Hundreds of
customers worldwide — including Fortune 500 companies and global
data leaders — use SingleStore to power real-time applications and
analytics. Learn more at singlestore.com. Follow us @SingleStoreDB
on X or visit www.singlestore.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240730908612/en/
Heather Lowe Director of Communications & PR at SingleStore
hlowe-ctr@singlestore.com