TL;DR:
- Oxigênio and Liga Ventures collaborate for the 18th edition of an acceleration cycle.
- The focus is on AI solutions applicable in various sectors.
- Startup participants gain access to personalized mentorship and networking opportunities.
- AI investments are expected to surge, with over USD $150 billion projected for 2023.
- High acceptance of AI in Latin American markets, offering significant growth potential.
Main AI News:
In a strategic move aimed at propelling innovation in the Information Technology sector, Oxigênio has teamed up with Liga Ventures, Latin America’s foremost open innovation network. Together, they have officially launched registrations for their groundbreaking acceleration cycle, marking the 18th edition of this prestigious program. Visionaries and tech entrepreneurs keen on making their mark in the AI landscape have until November 12 to secure their spot through the accelerator’s dedicated website.
With eight years of industry presence, Oxigênio has nurtured over 130 transformative projects and catalyzed the growth of 97 startups across diverse sectors. In this current iteration, Oxigênio is on the hunt for Artificial Intelligence solutions capable of revolutionizing areas such as Sales and Marketing, Customer Service, Legal, Finance, Knowledge Management, and Product and Service Development.
Mauricio Martinez, R&D Manager at Porto and Oxigênio, expresses high hopes for the ongoing acceleration program. “Our relentless commitment to innovation and entrepreneurship has spanned eight fruitful years. With each edition, we seek technological advancements that can invigorate various industries,” he affirms.
Throughout the acceleration journey, selected startups will gain access to bespoke mentorship from top-notch executives from Porto and Oxigênio, as well as industry experts. This invaluable support, complemented by the Liga Ventures team’s expertise, will pave the way for knowledge exchange, growth strategy formulation, business creation, and enhanced market visibility.
Rogério Tamassia, co-founder of Liga Ventures, underscores the enduring partnership’s significance. “We are resolute in leveraging our experience and insights to unearth startups with transformative AI ideas that will drive innovation and growth in the ecosystem,” he states. The spotlight is firmly on AI solutions as organizations prepare to invest more than USD $150 billion in AI-based systems in 2023, marking a remarkable 26.9% increase from 2022. By 2026, cumulative AI investments will have surpassed the USD $300 billion mark, as projected by analysis firm IDC.
In a nod to the thriving AI market, a survey by Ipsos conducted in late 2021 revealed the high acceptance of Artificial Intelligence among citizens in countries like Mexico, Peru, and Colombia. This unequivocally positions the AI landscape as a fertile ground of immense interest and value for companies like Luzia.
Conclusion:
The partnership between Oxigênio and Liga Ventures in their latest AI-focused acceleration cycle signifies a pivotal moment in the market. As AI investments are set to soar, reaching over USD $150 billion in 2023, and with Latin American countries displaying a strong appetite for AI adoption, this collaboration opens doors for innovative startups and promises substantial growth opportunities for businesses operating in this dynamic landscape.
