Flapmax Partners with Intel to Accelerate AI Innovation in Africa

Rhea-AI Summary

Flapmax (FAST) partners with Intel to launch FAST Accelerator program empowering startups and SMEs in Africa with AI technology and funding opportunities

Positive

• Strategic partnership with global tech leader Intel to drive AI innovation in Africa
• FAST Accelerator program to provide technology access, training, and funding to startups in emerging markets
• Over 800 startups from 25+ countries applied to join the inaugural program

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• None.

FAST Accelerator program to empower local startups and small/medium-sized enterprises (SMEs)

AUSTIN, Texas, July 31, 2023 /PRNewswire/ -- Flapmax, a leading artificial intelligence (AI) company, announced today its strategic partnership with Intel, the global technology leader, to foster AI innovation and drive economic empowerment in Africa. The collaboration will provide technology access, training, mentorship, and funding opportunities to entrepreneurs in emerging markets, starting with Africa, through the FAST Accelerator program. FAST is designed to help startups that are building cloud-based and AI-enabled products and services supporting communities, companies, and governments.

“Bridging the knowledge gap in technological advancement is key to creating meaningful social impact.”

"Flapmax has been working with Intel to develop sustainable digital solutions that readily expand AI accessibility in underserved communities, and we are excited to build on our momentum with the FAST Accelerator program," said Dr. Dave Ojika, Founder and CEO of Flapmax. "Bridging the knowledge gap in technological advancement is key to creating meaningful social impact. Through this partnership with Intel, Flapmax will bring cutting-edge technology and advanced curricula, including generative AI, robotics, and deep tech, to innovators in Africa and other technologically underserved communities."

Created by Flapmax in partnership with Microsoft, FAST Accelerator combines business development, AI integration, funding, and community building opportunities designed to enable startups to scale more rapidly and sustainably. More than 800 startups from 25+ countries applied to join the inaugural program. Startup leaders are encouraged to apply to this year's FAST Accelerator program. The top startup participants will embark on an enriching five-week program in Silicon Valley, California, forging relationships with industry experts, potential investors, and global partners through Flapmax's vibrant ecosystem of over 600 corporate partners.

"Intel's mission to shape the future of computing and enable a more intelligent, connected, and productive world aligns perfectly with Flapmax's vision to bring AI technology to all aspects of life, inclusive of underserved populations in Africa and other emerging markets," said Michael Campbell, General Manager, Education Client Division, Intel Corporation. "The partnership with Flapmax will greatly accelerate AI adoption for these communities, driving scalable business growth, optimized operations, and contributing to a more sustainable world."

Program participants will collaborate closely with Intel through extensive mentorship and coaching, ranging from co-innovation projects to sales & marketing support and go-to-market enablement to expand their reach to a broader audience. Members of the Flapmax engineering team will help startups apply new Intel-optimized AI hardware and software solutions as well as scale and fine-tune their AI models on Microsoft Azure cloud platform. Participants will benefit from additional perks, including Microsoft for Startups Founders Hub (up to $150,000 of cloud credits) and Azure OpenAI (including ChatGPT, DALL·E 2, and other Large Language Models: LLM releases), as well as access to Microsoft 365 and Dynamics 365 developer sandboxes.

About Intel

Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore's Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers' greatest challenges. By embedding intelligence in the cloud, network, edge and every kind of computing device, we unleash the potential of data to transform business and society for the better. To learn more about Intel's innovations, go to newsroom.intel.com and intel.com.

About Flapmax

Flapmax is a data and AI technology company partnering with leading technology providers around the globe to identify and accelerate sustainable technology solutions to improve communities worldwide. Our mission is to empower and transform lives through the widespread adoption of AI technology. Flapmax is scaling collaboration across borders and connecting entrepreneurs and innovators with digital transformation solutions, advanced AI models, and global partnerships.

For media inquiries, please contact: team@fastaccelerator.com
Website: www.fastaccelerator.com
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SOURCE Flapmax

FAQ

What is the partnership between Flapmax and Intel about?

The partnership aims to foster AI innovation and drive economic empowerment in Africa through the FAST Accelerator program.

What is the FAST Accelerator program designed to do?

It is designed to help startups building cloud-based and AI-enabled products and services supporting communities, companies, and governments.

What opportunities does the FAST Accelerator program offer to startups?

It combines business development, AI integration, funding, and community building opportunities to enable startups to scale more rapidly and sustainably.

What benefits do program participants receive?

They will receive mentorship, coaching, access to Intel-optimized AI hardware and software solutions, as well as cloud credits and access to Microsoft tools and platforms.