Source URL: https://cloud.google.com/blog/topics/startups/ai-first-accelerator-in-europe-and-israel/
Source: Cloud Blog
Title: Google’s AI First Accelerator: Boosting Europe’s innovator scene
Feedly Summary: Artificial intelligence is no longer a buzzword — it’s the cornerstone of innovation driving global progress, revolutionizing industries from healthcare to finance. In fact, AI could contribute up to $15.7 trillion to the global economy by 2030, according to a PwC report.
Many of today’s startups are harnessing the power of AI to scale faster, offer personalized services and tackle some of the world’s most pressing challenges. Recognizing this transformative potential, Google is fueling the AI revolution by providing these startups with the building blocks, tools, and resources they need to create innovative and responsible AI solutions, accelerating the deployment of solutions that will benefit society as a whole.
Today, we’re excited to announce the new cohort of the Google for Startups Accelerator: AI First. These 15 15 startups hail from five countries across Europe and Israel and are all leveraging AI and machine learning (ML) technologies to address societal challenges:
7Learnings (Berlin, Germany) provides next-generation price optimization software powered by AI.
Bagel AI (Yakum, Israel) empowers product teams to continuously quantify and validate their roadmap, maximize impact, and accelerate revenue.
Coding Bio (Oxford, United Kingdom) combines machine learning and high-throughput screening in a data-driven platform to discover new immunotherapies for cancer patients faster, cheaply and more efficiently than traditional approaches.
Composable (Paris, France) lets enterprise teams automate and augment their business processes and applications with gen AI using LLM-powered tasks.
Contentflow (Hamburg, Germany) solves the complexity of managing live video streams by offering an all-in-one, AI-powered platform that includes live-translation and live-subtitling features, providing engaging livestream experiences on all channels.
Dtect Vision (Tel Aviv, Israel) addresses the growing threat of misinformation in the finance sector by leveraging AI to detect deep-fake video, audio, and content. Their patented engines enhance detection through high-frequency analysis and motion matrix encoding, offering advanced protection against sophisticated forgery techniques.
Dyad AI (London, United Kingdom) has built a clinical document intelligence platform that helps healthcare providers improve care quality and automate administrative workflows.
Flanks (Barcelona, Spain) is an end-to-end solution to make the wealth management services scalable.
Geneyx (Herzliya, Israel) is an AI bioinformatic multi-omics platform for clinical genetics data management that addresses challenges hospitals and genetic labs face while analyzing and interpreting next-generation sequencing of multi-dimensional genetic data.
Graffiti (Caen, France) improves the in-store shopping by using AI and augmented reality to deliver real-time, personalized product information, enhancing customer engagement and helping retailers optimize their strategies.
Libertify (Paris, France) enhances client communication by transforming static and complex documents such as PDFs, Word files, Excel spreadsheets, and PowerPoint presentations into engaging AI experiences in just a few minutes.
martee ai (London, United Kingdom) is a SaaS tool that unlocks drastically improved demand forecasting accuracy for food businesses, reducing their waste while growing the availability of fresh products, with a mission to improve the face of grab and go food, for the benefit of people, planet and profit.
Shakers (Madrid, Spain) helps companies solve their tech challenges by unlocking flexible talent at scale.
VisioLab (Osnabrück, Germany) is an iPad-based visual self-checkout system that enables five-second checkouts and that can be trained to recognize new products in five minutes.
Xapien (London, United Kingdom) provides on-demand, comprehensive due diligence in minutes with the power of AI.
“Google has really pushed what is possible in biology through AlphaFold and we are hoping to learn more about how to apply ML in this domain, particularly in immunotherapies, and how we can leverage Google’s cloud technology to stay focussed on our own strengths.” – Yulia Lampi, Co-founder and CSO, Coding Bio
Over the course of the 10-week program, developed in partnership with Google Cloud, startups can access expertise from Google Cloud and Google DeepMind in a blend of in-person and virtual activities, a one-on-one 1:1 mentorship ring, and group learning sessions. In addition, the program features deep-dives and workshops focused on product design, business growth, leadership development and building responsible and ethical AI solutions that benefit humanity. Moreover, the program facilitates connections with venture capitalists and investors, opening doors to potential funding and partnerships. Startups also benefit from additional support and dedicated Google AI technical expertise and receive Google Cloud credits through the Google for Startups Cloud Program.
“We’re excited to collaborate with talented peers and leverage Google’s tools to refine our AI capabilities. This opportunity will be key in helping us scale our technology and broaden its real-world impact. Together with Google’s guidance, we’re confident that we can take our innovation to new heights and address critical challenges in AI-driven security." – Lior Moyal, Co-founder and CEO, Dtect Vision
To learn more about the AI-first program, and to register your interest in nominating your startup for future cohorts, visit the program page here.
AI Summary and Description: Yes
Summary: The text discusses Google’s initiative to support startups leveraging AI and ML technologies through its “Google for Startups Accelerator: AI First.” This program caters to startups across Europe and Israel focusing on various societal challenges, underscoring the importance of responsible AI deployment and the potential economic impact of AI innovations.
Detailed Description:
The provided text highlights the transformative impact of artificial intelligence across industries and details Google’s structured support for startups through its dedicated accelerator program. This initiative represents a significant movement towards advancing AI solutions while ensuring they are responsible and beneficial to society.
Key points include:
– **Economic Impact of AI**: AI is projected to contribute up to $15.7 trillion to the global economy by 2030, indicating its critical role in future economic growth.
– **Google for Startups Accelerator**:
– Designed specifically for startups utilizing AI and Machine Learning to address societal challenges.
– Features a cohort of 15 selected startups from five countries, showcasing diverse applications of AI.
– **Innovative Startups**:
– Highlights various startups like:
– **7Learnings**: Provides AI-powered price optimization.
– **Bagel AI**: Supports product teams with roadmap validation.
– **Coding Bio**: Uses AI for faster immunotherapy discovery.
– **Dtect Vision**: Focuses on combating misinformation through deep-fake detection.
– **Educational and Technical Support**:
– Startups receive mentorship from Google Cloud and DeepMind experts, covering crucial areas such as product design, business growth, and ethical AI practices.
– Workshop offerings enhance knowledge and practical skills to better navigate AI technologies.
– **Financial Opportunities**:
– The program connects startups with venture capitalists, facilitating potential funding opportunities crucial for scaling businesses.
– **Real-World Application of AI**:
– Testimonials from startup leaders highlight the program’s importance in scaling technology and making a significant societal impact through responsible AI solutions.
Overall, this program by Google underscores its commitment to cultivating AI innovations while ensuring compliance with ethical standards, setting a precedent within the tech industry that may encourage other organizations to follow suit.