Multinational corporation and technology company Intel has announced a new programme to help Israeli startups develop autonomous systems and artificial intelligence (AI).
The programme also intends to advance open innovation and accelerate early-stage startup companies in Israel and will be based in Tel Aviv.
Intel has said that the Ignite programme will leverage it’s global market access and business and technology leadership to provide early-stage startups with unique advantages on their paths to disrupt the future.
Following a selection process, Intel will host 10 to 15 top pre-seed to seed startups through a 20-week programme where they will receive hands-on mentorship from Intel and industry experts in a variety of product, business, management and technical areas.
Intel CEO Bob Swan said, ‘Israel has the deep skill base in AI, autonomous systems and the underlying technologies critical to these inflections that make it a natural choice to launch our Ignite programme.’
The Ignite programme will begin operations in Israel this year, with plans to scale to additional countries over time.