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Experts Share: What To Consider When Running An AI Startup

  • Microsoft and Nvidia have launched a new programme to support AI startups in the UK.
  • Startups joining the programme will get practical help with technology, marketing strategies, and connections to investors.
  • The programme backs startups that want to create solutions to improve everyday life, generate jobs, and contribute to economic growth.
  • Each startup will get dedicated help from Microsoft’s AI Black Belt team, specialists in artificial intelligence and machine learning.
  • Nvidia will also support startups through training sessions at its Deep Learning Institute, alongside access to its computing tools, designed to improve AI project development and performance.
  • All AI startups in the UK that have already launched products and are ready for the next phase of growth can join.
  • Of course, funding and support are not the only things to keep in mind when running an AI startup.
  • Experts have shared that AI startups need to focus on specific opportunities and understand how their AI tool can impact a company’s bottom line.
  • AI startups must consider ethics, user experience, data quality, team dynamics, and scalability.
  • Startups should simplify their products, customer onboarding, hiring, and burn rate, to keep organizations efficient and agile.

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