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.