Among 23 companies from the Asia-Pacific (APAC) region, Google announced on Thursday that two Pakistani start-ups have been selected to take part in the company’s inaugural Artificial Intelligence (AI) Academy. Accelerated company development and improved AI solutions are the goals of this effort.
The three-day boot camp in Singapore earlier this week marked the start of the AI program, which included companies from India, Korea, Japan, Indonesia, Singapore, and Malaysia in addition to Pakistan’s AdalFi and Adlytic AI.
In addition to receiving up to $350,000 in Google Cloud credits and the chance to network with AI innovators around the Asia-Pacific area, participants will gain from more than 170 hours of mentorship from AI and Cloud professionals.
Google stated in a press release, “Two innovative startups from Pakistan are among the 23 chosen from across the Asia-Pacific (APAC) to participate in Google’s first-ever AI Academy in the region.”
The AI Academy was established in August to assist Pakistani and Asia-Pacific start-ups in their expansion. By promoting new cross-border partnerships and innovations, the program hopes to establish the APAC area as a “global hub” for AI development and facilitate the sharing of resources, ideas, and skills to speed up the development of AI solutions.
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The statement emphasized these start-ups’ contributions to Pakistan’s AI ecosystem.
“Pakistani startup AdalFi is increasing access to financial services with its AI-powered credit scoring system, promoting financial inclusivity for millions of individuals and small businesses. Adlytic AI is enhancing retail analytics by transforming CCTV cameras into intelligent tools for businesses, helping retailers better use visual and geospatial data to grow their business.”
According to Google for Startups Head Michael Kim, the AI Academy will be launched in the Asia-Pacific reigon. He stated, “AI has the potential to be an incredible force multiplier, and it’s incredible to see these 23 startups harnessing AI’s potential to impact some tough challenges, ranging from addressing underserved sectors, like expanding access to financial services and health care, to building AI collaborators for lawyers, democratizing influencer marketing with AI-generated avatars.”
According to the press release, on Graduation Day later this year in December, all participating start-ups will present their “refined AI solutions” to leading figures in the AI business, investors, and entrepreneurs.
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