Agorai, the UK-based operator of a marketplace for artificial intelligence tools, has formed an accelerator that will invest in developers of AI-powered technology.
In addition to securing capital, participants will be able to meet businesspeople and AI experts, and will receive licences that will allow them to develop and operate their software on Agorai’s platform.
The initiative is being set up as part of a drive by Agorai to invest £20m ($26.4m) in the UK’s AI sector. The company also plans to fund education and research as well as promoting access to the technology for small and medium-sized businesses.