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At Microsoft, we perceive the unimaginable potential of AI and the very important function that startups play in shaping and turning into the businesses of the long run. At present, we’re excited to announce our help of Alt Capital’s Generate Program that may provide startups of their new accelerator (launching in Might) the chance to innovate and develop with entry to leading edge AI instruments on the Microsoft platform.
What units Alt Capital aside is its devoted deal with B2B options—a subject the place Microsoft’s experience can actually add worth. This partnership presents an distinctive alternative for us to additional empower startups specializing in B2B AI options, fueling innovation, and fostering progress on this vital sector.
“We’re thrilled to be partnering with Microsoft on the brand new Generate program. After all, it’s nice to deliver the extra monetary sources to Generate firms, however extra importantly we’re excited for the experience, community, and distribution they symbolize as a worldwide chief in each AI and B2B software program,” Jack Altman, Alt Capital, Former CEO, Lattice.
Functions are actually open for the Alt Capital Generate program, the place chosen individuals will obtain:
- A $250,000 funding, uncapped (MFN SAFE.)
- Free Azure AI infrastructure together with as much as $350,000 in Microsoft Azure credit together with most well-liked entry to high-end GPU digital machine clusters and Microsoft Go-To-Market help.
- The chance to be taught from a stellar lineup of advisors and visiting companions.
- Networking and growth alternatives, together with buyer growth occasions, a hiring day connecting startups with high expertise, and an investor day to facilitate connections with high-quality traders.
- The deadline to use is Might fifth, 2024, and this system is scheduled to begin on Might twenty seventh.
In November, Microsoft for Startups introduced the provision of Azure AI infrastructure for high-end GPU digital machine clusters to be used in coaching and operating giant language fashions and different deep studying fashions. Since we made these sources obtainable, we’ve expanded entry to Y Combinator, M12, AI Grant Fund, Alchemist Accelerator, Conviction, The Home Fund, Open AI Startup Fund, Neo, AI investor Elad Gil, and at present, Alt Capital.
We acknowledge the challenges that early-stage startups face in constructing the mandatory technical infrastructure for AI growth. These hurdles, together with securing computing sources and establishing scalable structure, could be each expensive and sophisticated. By offering entry to cutting-edge know-how and infrastructure, we purpose to speed up the event of the following technology of groundbreaking firms, drive optimistic change, and form the way forward for AI.
