Aptos Foundation partners with The Ignition AI Accelerator to drive AI startups forward in APAC By Chainwire


New York, USA, September 20, 2024, Chainwire

The Ignition AI Accelerator, a collaborative initiative between NVIDIA (NASDAQ:), Tribe and Digital Industry Singapore (DISG), today announced that Aptos Foundation has partnered with The Ignition AI Accelerator to drive the growth and advancement of AI startups in Asia. This deepens Aptos Foundation’s work to connect its expertise and Aptos-related technology with AI solutions that are expected to be game-changers for economies and businesses.

With Aptos Foundation’s expertise and financial support, The Ignition AI Accelerator is poised to foster the next generation of high-potential AI innovators and founders from the APAC region who are pushing the boundaries of AI development on a global scale. According to recent IMF research, Singapore is the most AI-ready country in the world, reflecting years of aggressive investment in AI infrastructure and talent in the country.

Aptos Foundation will provide resources and support to AI startups in the accelerator, opening doors to emerging technologies and giving them access to global markets. Aptos Foundation will leverage Microsoft’s OpenAI service, which it hopes will remove barriers to adoption and establish a clear path for the practical application of cutting-edge technologies. Aptos Foundation has key relationships with AI leaders including Overlai and Adot.

Ng Yi Ming, Director, The Ignition AI AcceleratorHe highlighted: “The addition of Aptos Foundation as a technical partner marks a key milestone in The Ignition AI Accelerator’s mission to power AI startups and drive synergies with global leaders in emerging technologies. By leveraging resources and expertise, we aim to empower AI startups with the tools they need to build applications that will define the next phase of technological advancements. Together, we are committed to driving the evolution of the AI ​​sector and nurturing a new generation of AI entrepreneurs.”

While the Aptos Foundation’s mission is to drive blockchain accessibility and decentralization, the expansion into AI technologies is expected to add a new dimension to the global ecosystem, bringing emerging technologies to the masses.

“The growth potential of AI is unmatched and we look forward to leading the way in this transformative approach to driving innovation and entrepreneurship. With this partnership, we aim to join The Ignition AI Accelerator’s global partners in catalysing the creation of AI applications, ideas, products and services,” he said. Bashar Lazaar, Director of Grants and Ecosystem at Aptos Foundation“Together, we will empower a new wave of AI founders and technology pioneers who will build the future in APAC with global potential.

Launching in May 2024, Ignition AI Accelerator is a Singapore-based global initiative that supports AI startups with business and technical acceleration, offering deep AI development expertise, cloud credits, and funding opportunities. Since its inception, it has partnered with leading industry giants to provide diverse startups with the right knowledge and experience to scale their AI-focused businesses globally.

About the Ignition AI AcceleratorIgnition AI Accelerator, a collaborative initiative between NVIDIA and Tribe with support from Digital Industry Singapore (DISG), is designed to identify founders of high-potential, early-stage technology companies to accelerate their success and growth. We are dedicated to fostering a growing and thriving AI and technology ecosystem by pushing the boundaries of what cutting-edge technologies can deliver.

The Ignition AI Accelerator provides founders of high-potential, growth-stage technology companies with access to cutting-edge AI tools and deep development guidance, with the goal of producing market-ready AI products and services. By leveraging a global network of corporate partners and investors, the Ignition AI Accelerator helps startups forge meaningful partnerships and penetrate international markets, driving innovation and transformation across all sectors, including healthcare and finance.

The Ignition artificial intelligence accelerator is exploring corporate partnerships. Interested parties can find more information at

About the Aptos FoundationAptos Foundation is dedicated to supporting the development of the Aptos protocol, decentralized network, and ecosystem, and driving participation in the Aptos ecosystem. By unlocking a blockchain with seamless usability, Aptos Foundation aims to bring the benefits of decentralization to the masses. Users can visit for more information.

About Aptos NetworkAptos is a next-generation layer-1 blockchain. Aptos’ innovative technology and Move programming language are designed to evolve, improve performance, and strengthen user protection. Users can visit to learn more about the Aptos blockchain.

ContactCommunications AdvisorBrian PrincipatoSuitable[email protected]

This article was originally published on Chainwire



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