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 revolutionary merchandise that clear up real-world buyer issues, whereas leveraging the facility of the Databricks Information Intelligence Platform. Sponsored by Databricks Ventures and Databricks for Startups and in collaboration with AWS, that is your probability 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 prospects 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 firms should have been based within the final 5 years and should have raised a pre-seed, seed or Collection A funding spherical (however not later than Collection A).
- Group have to be a C company, LLC or different entity moderately acceptable to Databricks.
- Should be included within the US, the UK, Canada, Israel or India to be eligible.
- Entities not eligible embrace: scholar/college initiatives, incubators or unincorporated entities, entities explicitly established to take part within the Problem, people/sole proprietorships, system integrators, firms for which Databricks Ventures is already an investor, Databricks workers and household of workers.
- Evaluation the Official Guidelines for extra particulars.
Collaborating startups might 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 workforce.
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: Vital Databricks product credit – as much as $500,000 throughout the finalists – to gas your development and improvement.
- Unique Databricks Sources: Entry to the Databricks workforce, executives and arms on assist to help you in your Generative AI journey.
2. Acquire International Publicity
Your startup will acquire helpful visibility amongst business leaders, potential traders and key stakeholders together with the business luminaries who might 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 Common Associate Martin Casado; and IVP Common Associate Cack Wilhelm. By leveraging Databricks’ international attain because the class chief in information and AI, the problem provides a novel stage to current your revolutionary concepts to a worldwide viewers and join with like-minded entrepreneurs and specialists.
3. Speed up Your Progress
Past the prizes, the problem offers invaluable assets and networking alternatives. Profit from workshops, mentorship and suggestions from high business specialists who may help refine your answer and technique.
The way to Get Began
1. Be taught Extra In regards to the Problem
Go to our Generative AI Startup Problem Hub to be taught extra about prizes, judging standards and to entry the appliance type.
2. Submit Your Utility
The subsequent step to competing is submitting your utility. Share your revolutionary Generative AI-driven answer constructed on Databricks and inform us the way it stands out. Guarantee your submission highlights the individuality 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 helpful publicity within the tech neighborhood.
Necessary Dates to Bear 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 vital insights and win game-changing prizes.
Able to take the following 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!
*POTENTIAL DATABRICKS VENTURE INVESTMENT:
- The Grand Prize Successful Firm can have the chance to obtain a Databricks Ventures funding (see Official Guidelines for particulars and necessities).