A six-week accelerator programme called ML Elevate 2023 has been announced by venture capital firm Accel and Amazon Web Services (AWS) to support Indian businesses creating generative AI solutions.
By giving them access to useful AI models and tools, commercial and technical mentoring, curated resources, the AWS Activate programme, and up to USD 200,000 in AWS Credits, ML Elevate aims to promote generative AI businesses.
Other advantages include the chance to scale production-ready generative AI apps on Amazon SageMaker JumpStart and peer support from a network of top AI and ML startup founders.
Startups in generative AI that have created a Minimum Viable Product (MVP) and plan to apply for funding in the ensuing 12 to 18 months are eligible to apply. Selected companies will participate in live virtual masterclasses, which will include fireside chats and panel discussions with investors, business titans, and AWS specialists.
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Poonacha Kongetira, SVP Engineering at SambaNova, Anupam Datta, co-founder, President, and Chief Scientist at TruEra, Tom Mason, Chief Technology Officer at Stability AI, Vishal Dhupar, Managing Director, Asia-South of NVIDIA Graphics, Apurva Kalia, Senior Researcher at Tufts University, and others will be on the panel of speakers.
Through a dedicated Demo Week, the cohort will also have the chance to pitch to top VC funds, angel investors, and business titans in order to raise money.
“Our goal with ML Elevate is to help generative AI startups create solutions tailored to specific industries and invent to advance the digital economy,” Vaishali Kasture, Director of AWS India and South Asia at Amazon Web Services India.
