🌎 Aptos Foundation and Ignition AI Accelerate AI Startups in Asia

Aptos Foundation Partners with Ignition AI Accelerator to Boost AI Startups in Asia

The Aptos Foundation has announced a strategic partnership with the Ignition AI Accelerator, an initiative backed by Nvidia, aimed at accelerating the growth of artificial intelligence-focused startups in Asia.

Driving AI Growth in the Asia Pacific Region

This collaboration unites Aptos Foundation with the Nvidia-supported AI Ignition Accelerator, along with backing from Tribe and Digital Industry Singapore, to propel the next stage of AI development in the Asia Pacific region.

Focus on AI Startups in APAC

According to an announcement, the partnership will leverage Aptos’s blockchain technology and provide funding support for startups accepted into the accelerator program. Additionally, Aptos Foundation aims to utilize Microsoft’s OpenAI Service to remove adoption barriers, as stated by the companies.

“The integration will go beyond fueling AI growth. It is expected to drive synergies globally, combining resources and expertise to empower entrepreneurs and teams across the ecosystem,” noted Ng Yi Ming, director at Ignition AI Accelerator.

Aptos Blockchain’s Expanding Ecosystem

The Aptos ecosystem supports a growing number of projects, including decentralized finance, gaming, tooling, stablecoins, marketplaces, 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 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.