SingleStore’s Latest Initiative Empowers APAC Startups To Create Top-notch AI Apps

KUALA LUMPUR, July 31 (Bernama) -- SingleStore, the real-time data platform that helps users transact, analyse and contextualise their data, has launched a new accelerator programme for artificial intelligence (AI) startups in the Asia Pacific (APAC) region.

In a statement, SingleStore said the programme furthers its vision to partner with businesses in the region to develop world-class AI applications (apps).

“We are here to help this region become a hub for AI and technological innovation, and are committed to providing users with a robust data platform to support their current and future data needs,” said SingleStore Chief Executive Officer, Raj Verma.

SingleStore is committed to innovation and advancing AI’s development in Asia and around the world. In particular, India and Singapore are poised to become hubs of technological innovation, with significant government and private investment pouring into AI development.

The company’s goal for the accelerator programme is to help startup communities develop cutting-edge AI technologies via the best and most responsible use of data, whereby eligible startups will be able to apply for SingleStore credits to help build, grow and scale their missions.

As the only data platform that can act as a single store for all AI apps, SingleStore remains at the forefront of generative AI innovation.

The company released the latest version of its data platform in June, and this new AI accelerator programme will be an asset to supporting rising startups and customers looking to harness their data to advance their company’s growth.

This year, SingleStore earned five 2024 TrustRadius Top Rated Awards, the most the company has ever won in a single year with four of those awards earned for three consecutive year, while the recognition in the Vector Database category was a first.

-- BERNAMA