Are you an entrepreneur or startup with a groundbreaking Generative AI use case constructed on Databricks? Then we now have a Problem for you! Databricks is thrilled to introduce the Databricks Generative AI Startup Problem – a contest with over $1M in prizes for early-stage startups who’re utilizing the facility of Generative AI to construct modern merchandise that clear up real-world buyer issues, whereas leveraging the facility of the Databricks Knowledge Intelligence Platform. Sponsored by Databricks Ventures and Databricks for Startups and in collaboration with AWS, that is your likelihood to make a mark, acquire unparalleled publicity and speed up your journey to success.
Who Can Take part?
The Databricks Generative AI Startup Problem is open to present Databricks clients or prospects who’ve accomplished a POC the place Databricks is a part of the structure for a Generative AI use case. Different qualification standards embrace:
- Applicant corporations should have been based within the final 5 years and should have raised a pre-seed, seed or Sequence A funding spherical (however not later than Sequence A).
- Group should be a C company, LLC or different entity fairly acceptable to Databricks.
- Have to be integrated within the US, the UK, Canada, Israel or India to be eligible.
- Entities not eligible embrace: pupil/college initiatives, incubators or unincorporated entities, entities explicitly established to take part within the Problem, people/sole proprietorships, system integrators, corporations for which Databricks Ventures is already an investor, Databricks workers and household of workers.
- Assessment the Official Guidelines for extra particulars.
Collaborating startups will probably be judged on how the startup is leveraging Databricks, the market potential for his or her providing, and the general energy and expertise of the founding group.
Why Ought to You Enter?
1. Unprecedented Prizes and Alternatives
Competing within the Generative AI Startup Problem means you’ll be within the operating for over $1 million in prizes. This consists of:
- Fairness Investments: Alternative to obtain as much as $600,000 USD in potential Databricks Ventures funding.*
- Databricks Product Credit: Important Databricks product credit – as much as $500,000 throughout the finalists – to gas your development and growth.
- Unique Databricks Sources: Entry to the Databricks group, executives and fingers on assist to assist you in your Generative AI journey.
2. Achieve International Publicity
Your startup will acquire worthwhile visibility amongst business leaders, potential traders and key stakeholders together with the business luminaries who will probably be judging the competitors. Featured judges embrace Databricks Co-Founder Patrick Wendell; MosaicML Co-Founder and Databricks VP for Generative AI Naveen Rao; Andreessen Horowitz Basic Accomplice Martin Casado; and IVP Basic Accomplice Cack Wilhelm. By leveraging Databricks’ international attain because the class chief in knowledge and AI, the problem provides a novel stage to current your modern concepts to a worldwide viewers and join with like-minded entrepreneurs and consultants.
3. Speed up Your Development
Past the prizes, the problem gives invaluable assets and networking alternatives. Profit from workshops, mentorship and suggestions from prime business consultants who will help refine your resolution and technique.
Get Began
1. Study Extra In regards to the Problem
Go to our Generative AI Startup Problem Hub to study extra about prizes, judging standards and to entry the applying type.
2. Submit Your Utility
The subsequent step to competing is submitting your software. Share your modern Generative AI-driven resolution constructed on Databricks and inform us the way it stands out. Guarantee your submission highlights the distinctiveness and potential affect of your providing.
3. Compete for the Grand Prizes
The problem culminates with judging in November and with the announcement of the winners in December. Stand an opportunity to win substantial rewards and acquire worthwhile publicity within the tech neighborhood.
Vital Dates to Keep in mind
- Problem Opens: September 16, 2024
- Utility Deadline: November 1, 2024
- Finalists Introduced: November 20, 2024
- Winners Introduced: December 2024
Be a part of the Generative AI Revolution!
The Databricks Generative AI Startup Problem is greater than only a competitors; it’s a launchpad for the way forward for AI innovation. Don’t miss this opportunity to propel your startup ahead, acquire important insights and win game-changing prizes.
Able to take the subsequent step? Apply Now and make your mark on the AI panorama. For extra particulars, go to our Generative AI Startup Problem Hub or attain out to us at [email protected].
Let’s form the longer term collectively. We’re excited to see what you’ll create!
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*POTENTIAL DATABRICKS VENTURE INVESTMENT:
- The Grand Prize Profitable Firm can have the chance to obtain a Databricks Ventures funding (see Official Guidelines for particulars and necessities).
