Are you an entrepreneur or startup with a groundbreaking Generative AI use case constructed on Databricks? Then we’ve 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 ability of Generative AI to construct revolutionary merchandise that resolve real-world buyer issues, whereas leveraging the ability of the Databricks Information Intelligence Platform. Sponsored by Databricks Ventures and Databricks for Startups and in collaboration with AWS, that is your likelihood to make a mark, achieve 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 fairly acceptable to Databricks.
- Should 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, firms for which Databricks Ventures is already an investor, Databricks staff and household of staff.
- Evaluate the Official Rules for extra particulars.
Taking part startups might be judged on how the startup is leveraging Databricks, the market potential for his or her providing, and the general power 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: 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 workforce, executives and arms on assist to assist you in your Generative AI journey.
2. Acquire International Publicity
Your startup will achieve helpful visibility amongst business leaders, potential buyers 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 Basic Accomplice Martin Casado; and IVP Basic Accomplice Cack Wilhelm. By leveraging Databricks’ world attain because the class chief in information and AI, the problem provides a singular stage to current your revolutionary concepts to a world viewers and join with like-minded entrepreneurs and specialists.
3. Speed up Your Development
Past the prizes, the problem supplies invaluable assets and networking alternatives. Profit from workshops, mentorship and suggestions from high business specialists who might help refine your answer and technique.
How one can Get Began
1. Be taught Extra Concerning the Problem
Go to our Generative AI Startup Challenge Hub to be taught extra about prizes, judging standards and to entry the applying kind.
2. Submit Your Utility
The following step to competing is submitting your application. 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 impression 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 achieve helpful publicity within the tech group.
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 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, achieve crucial 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 Challenge Hub or attain out to us at [email protected].
Let’s form the long run collectively. We’re excited to see what you’ll create!
*POTENTIAL DATABRICKS VENTURE INVESTMENT:
- The Grand Prize Profitable Firm could have the chance to obtain a Databricks Ventures funding (see Official Rules for particulars and necessities).
