Aptos Foundation has announced a partnership with Ignition AI Accelerator, an Nvidia-backed initiative aimed at accelerating the growth of artificial intelligence-focused startups in Asia.
Supporting Startups in Asia
The collaboration brings together Aptos Foundation and the NVIDIA, Tribe, and Digital Industry Singapore-backed AI Ignition Accelerator to drive the next stage of AI growth in the Asia Pacific region. According to the announcement, the partnership will leverage Aptos's blockchain technology as well as funding support for startups accepted into the accelerator program. Meanwhile, Aptos Foundation expects to tap into Microsoft’s OpenAI Service to eliminate adoption barriers.
Expanding Aptos Ecosystem
The Aptos ecosystem supports a growing number of projects, from decentralized finance, gaming, and tooling to stablecoins and marketplaces. Other projects include non-fungible token tooling, decentralized physical infrastructure networks, bridges, and AI. In June 2024, entertainment giant NBCUniversal announced a long-term collaboration with Aptos, selecting the blockchain network for its gaming and fan experience initiatives. This move followed an initial partnership in September 2023. In July 2024, event ticketing platform KYD Labs partnered with Le Poisson Rouge to bring the historic venue’s shows and tickets on-chain via Aptos. The blockchain platform also recently teamed up with streaming platform myco to bring web3 entertainment to the mainstream.
Ignition AI Accelerator
Singapore-based Ignition AI Accelerator, launched in May 2024, is backed by government accelerator program Tribe and AI chip maker NVIDIA. Ignition AI Accelerator director Ng Yi Ming noted that the integration will go beyond fueling AI growth, driving synergies globally, combining resources and expertise to empower entrepreneurs and teams across the ecosystem.
The partnership between Aptos Foundation and Ignition AI Accelerator promises significant contributions to the development of artificial intelligence-focused startups in the Asia-Pacific region. This collaboration demonstrates the potential of blockchain and AI to accelerate innovation and create new opportunities.
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