Latest news with #Accelerator
Time of India
5 days ago
- Automotive
- Time of India
Maruti Suzuki signs MoU with JETRO to connect Indian and Japanese startups
Maruti Suzuki India Limited has signed a Memorandum of Understanding (MoU) with the Japan External Trade Organization ( JETRO ) to promote collaboration between startups in India and Japan. The agreement aims to facilitate business opportunities and mutual access to innovation ecosystems in both countries. The MoU was exchanged between Tapan Sahoo, Executive Officer, Digital Enterprise at Maruti Suzuki, and Takashi Suzuki , Chief Director General of JETRO India, in the presence of Mr. Hisashi Takeuchi , Managing Director and CEO of Maruti Suzuki. Under the agreement, Indian startups will be supported in accessing the Japanese startup and innovation ecosystem, while Japanese startups will be given the opportunity to engage with the Indian ecosystem. Support through existing programs The collaboration will also involve support for startup participation in events and networking activities, linking them with relevant partners in the respective countries. Startups selected through Maruti Suzuki's four existing innovation programmes—Accelerator, Incubation, Mobility Challenge and Nurture—will be eligible for these opportunities. Japanese startups will be able to engage with the Indian ecosystem through JETRO. Hisashi Takeuchi, MD and CEO of Maruti Suzuki India, said, 'Startups are key drivers of innovation and economic growth. Through our multi-format innovation programmes, we have been engaging with startups in India to co-create technology-driven solutions relevant to the automobile manufacturing and mobility space. With this MoU with JETRO, we will be able to provide a platform for these startups to explore the Japanese business landscape.' Takashi Suzuki, Chief Director General, JETRO India, stated, 'Maruti Suzuki stands as one of the finest examples of the successful partnership between India and Japan. With this MoU, we are creating opportunities for even more fruitful business collaborations between our two nations. This MoU aims to foster innovation, drive economic growth, and further strengthen the deep-rooted
Business Wire
5 days ago
- Business
- Business Wire
Twenty High-Potential Startups Selected for MedTech Innovator's 2025 Asia Pacific Accelerator
LOS ANGELES & SINGAPORE--(BUSINESS WIRE)-- MedTech Innovator, the world's largest accelerator of medical technology companies, today announced that 20 high-potential medtech companies will participate in the sixth annual Asia Pacific (APAC) Accelerator program. 'We're incredibly proud to welcome this diverse and dynamic group of startups to the 2025 Asia Pacific Accelerator Program,' said Fredrik Nyberg, managing director, MedTech Innovator Asia Pacific. 'This year's cohort is tackling some of the most pressing challenges in healthcare with bold ideas and transformative technologies. We're excited to support their journey, connect them with key industry partners, and accelerate their path to market, ultimately improving patient outcomes across APAC and globally.' MedTech Innovator Asia Pacific unites best-in-class startups with investors, business leaders, and allied service professionals in the medtech industry to help drive the commercialization of life-changing technologies in the region. The 2025 cohort companies will also compete for up to USD 300,000 in non-dilutive cash prizes and awards. More than 550 companies applied for the Asia Pacific program this year, and after a rigorous selection process, 60 companies were invited to pitch, 20 of which were named to the 2025 cohort. The Asia Pacific Accelerator 2025 Cohort will attend the program's kick-off, joining the MedTech Innovator and the BioTools Innovator 2025 Cohorts at the invitation-only Innovator Summit on June 25-26 in Mountain View, California. This event connects the leadership teams from the latest cohorts with MedTech Innovator's partners, alumni, and other industry leaders. The 20 companies selected for the 2025 MedTech Innovator Asia Pacific Accelerator are: 2Strands Biosciences, Singapore Australis Scientific, Brisbane, Australia Belun Technology, Singapore B dot Medical, Tokyo, Japan Borns Medical Robotics Inc., San Jose, California, United States ClearCut Medical, Rehovot, Israel Fukuoka, Japan Hemotag, Boca Raton, Florida, United States Heuron Co., Seoul, South Korea HiCura Medical, Singapore Laronix, Brisbane, Australia MAXM Skate, Adelaide, Australia MEDICAL IP, Seoul, South Korea MedInTech Inc., Seoul, South Korea OsseoLabs, Bangkok, Thailand Pretect Devices, Perth, Australia Rosalind Dx, Singapore Sehat Kahani, Karachi, Pakistan SIMPLEX QUANTUM, Tokyo, Japan VesselSens, Bonn, Germany MedTech Innovator Asia Pacific's 2025 program sponsors include Johnson & Johnson MedTech, B. Braun Medical, Becton Dickinson, Teleflex, Siemens Healthineers, Cambridge Consultants, and Enterprise Singapore. The program will culminate with its first-ever self-hosted Showcase and Grand Finals in Singapore at the end of October. About MedTech Innovator MedTech Innovator is the world's largest accelerator of medical technology companies. Its mission is to improve human health by accelerating the growth of companies that are transforming care. MedTech Innovator has been a catalyst for groundbreaking healthcare solutions, reviewing well over 14,000 applicants and fostering the growth of 717 companies globally that have collectively raised over USD 9.5 billion in follow-on funding, transforming the lives of millions. For more information about MedTech Innovator Asia Pacific, its annual programs, portfolio of industry-leading startups, and insights on trends, visit MedTech Innovator Asia Pacific's website, follow the U.S. organization on LinkedIn U.S. and its APAC program at LinkedIn APAC, and subscribe to its monthly newsletter.
Miami Herald
7 days ago
- Business
- Miami Herald
The Center by Lendistry Launches Main Street Goes Green to Help Small Businesses Save Money and Build Resilience
New program offers sustainable solutions for California's small businesses, contractors, and communities LOS ANGELES, CALIFORNIA / ACCESS Newswire / May 27, 2025 / The Center by Lendistry today announced the launch of Main Street Goes Green, a new initiative designed to help California's small businesses, contractors, and local governments to build energy efficient and resilient communities. From extreme heat to rising utility bills, small businesses-especially those in under-resourced communities-are facing environmental and economic challenges. Yet many lack the time, tools, or funding to take action. Main Street Goes Green fills that gap by offering practical, easy-to-use resources and hands-on support to help business owners adopt smart energy practices and cut operating costs. "Too often, resilience conversations leave out the very people at the heart of our communities-our small business owners," said Tunua Thrash-Ntuk, President & CEO of The Center by Lendistry. "This initiative brings energy discussions down to earth, making it accessible, affordable, and actionable for the businesses that fuel our local economies." The initiative features two core components: A one-stop resource hub offering: Real-life case studies from small business ownersStep-by-step implementation guidesSector-specific tools for businesses, cities, and contractorsCapital and funding resources to support green upgrades Main Street Goes Green Accelerator Now accepting applications through June 13, the Accelerator is a fully funded program valued at $7,500 per participant. Selected small businesses will receive: $500-$1,000 grants to support energy improvements10 hours of one-on-one support tailored to their businessAccess to capital connections and peer networks Eligible small businesses must be: Located in CaliforniaIn operation for at least one yearMaintaining at least one brick-and-mortarCommitted to implementing energy-efficient practices in less than six months. This program is made possible through generous support from the California Office of the Small Business Advocate (CalOSBA), Federal Home Loan Bank San Francisco's 2024 AHEAD Grant, Pacific Premier Bank, and First Citizens Bank. To learn more and apply, visit: Whether a business is just starting its energy efficient journey or looking to deepen its impact, Main Street Goes Green was designed to meet them where they are-and help them move forward. About The Center by Lendistry The Center by Lendistry is a nonprofit organization that supports diverse small businesses through education, technical assistance, and access to competitive financing. Our mission is to close the wealth gap by anchoring small businesses and the communities where they do business. To learn more about our work, visit Contact Information SOURCE: Lendistry press release
Yahoo
26-05-2025
- Business
- Yahoo
AI Accelerator Chips Market Size to Hit USD 362.75 Billion by 2032, at 37.43% CAGR
AI Accelerator Chips Market growth is driven by surging demand for generative AI, edge computing, and energy-efficient chips, with innovations from leaders like Nvidia and Google. Austin, May 26, 2025 (GLOBE NEWSWIRE) -- AI Accelerator Chips Market Size & Growth Insights: According to the SNS Insider Report, 'The AI Accelerator Chips Market size was valued at 28.51 billion in 2024 and is projected to reach USD 362.75 billion by 2032, growing at a CAGR of 37.43% during 2025 to 2032.' Emergence of Semiconductor Lithography Drives the AI Accelerator Chips Market Growing adoption of AI across automotive, healthcare, and data centers, among others, is propelling the growth in the AI accelerator chips market. As with all computer technology things are moving forward, particularly in chip designs and fabrications, which means that performance is improving and power requirements are dropping. One of the key factors contributing to this market growth is the advancement of the semiconductor lithography sector that includes DUV lithography and SAOP lithography, through which it would be possible to produce chips of at least 5nm without the adoption of the extreme ultraviolet (EUV) process. This initiative contributes to the semiconductor industry's self-reliance by minimizing dependence on foreign technologies, while also forming a foundation of the country's industries. US AI accelerator chips market to expand at a CAGR of 34.11% from USD 8.56 billion in 2024 to USD 89.63 billion by 2032 Get a Sample Report of AI Accelerator Chips Market @ Leading Market Players with their Product Listed in this Report are: NVIDIA AMD Intel Google Qualcomm Graphcore Tesla Baidu Huawei Samsung AI Accelerator Chips Market Report Scope: Report Attributes Details Market Size in 2023 USD 28.51 Billion Market Size by 2032 USD 362.75 Billion CAGR CAGR of 37.43% From 2024 to 2032 Report Scope & Coverage Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook Key Segments • By Chip Type (GPU, ASIC, FPGA, CPU, Others)• By Processing Type (Edge, Cloud)• By Industry (Automotive, Consumer Electronics, Healthcare, Manufacturing, Others) Key Drivers • Enhancing Semiconductor Self-Sufficiency Through Advanced Lithography Drive AI Accelerator Chips Growth.• Enhancing Energy Efficiency in Generative AI Creates Growth Opportunities in the Future Chips. For example, SMIC's development of DUV lithography and SAOP has made it possible to produce more advanced chips such as Huawei's Ascend 920 AI accelerator, to overcome export restrictions and stay competitive. These are the types of breakthroughs that can beget resiliency and innovation, and continue to fuel the growth of the AI accelerator chip market while promoting semiconductor independence around the world, even in the face of changing geopolitical and regulatory landscapes. Purchase Single User PDF of AI Accelerator Chips Market Report (20% Discount) @ Key Industry Segmentation By Chip Type In 2024, GPUs led the AI accelerator chips market with a 35% revenue share, attributed to their flexibility and massive parallel processing power. The extensive adoption across a wide range of workloads from deep learning and generative AI to high performance computing and beyond drive CUDA GPUs as the platform of choice for developers and businesses striving for a scalable, high performance AI solution. The ASIC segment is expected to experience rapid growth, with a projected CAGR of 43.42% during the forecast period. The growth is driven by the explosive growth in demand for custom-built, power-efficient chips optimized for specific AI inference workloads, all while delivering better performance, lower latency and lower power consumption, relative to general purpose GPUs. By Processing Type In 2024, the cloud segment dominated the AI accelerator chips market, contributing around 75% of the revenue, as there is an increasing requirement of scalable and high performance computing infrastructure for generative AI and large language models. The role of cloud in accelerating AI adoption in different domains is increasingly critical. The edge segment is rapidly expanding, with a forecasted CAGR of 42.26% from 2025 to 2032. This rise is motivated by greater needs for on-device AI processing with low latency in industries such as automotive, healthcare and consumer electronics for enabling on-the-edge decision-making, which do not rely on cloud connectivity. By Industry In 2024, the consumer electronics segment held about 34% of the AI accelerator chips market share, and is a significant contributor in the market as AI has been integrated into smartphones, smart home devices, wearables, and AR/VR systems, where real-time processing, personalization, and power efficiency are essential to improve user experience. The automotive segment is expected to be the fastest-growing market from 2025 to 2032, with a strong CAGR of 42.61%, on account of the increasing use of AI in level 2/3 autonomous driving, advanced driver-assistance systems (ADAS), and in-vehicle infotainment that demand robust real-time processing. Regional Overview of the AI Accelerator Chips Market in North America, Asia Pacific, Europe, Latin America, and MEA In 2024, North America dominated the AI accelerator chips market with a 44% share, share at an entire level and many investments made across the AI infrastructure development, early adoption of technology, and existence of large tech players in the region Asia Pacific is poised for rapid growth between 2025 and 2032, with a projected CAGR of 39.58%, owing to developments in the field of AI, increasing number of AI start-ups, and growing interest in AI solutions across sectors; within Asia Pacific, China is expected to register the highest growth due to its massive investments in AI infrastructure. Europe is experiencing moderate growth, fueled by the likes of Germany and the UK, but money is going into AI in automotive, manufacturing and healthcare – with cost and infrastructure high up on the challenges still facing Europe. Latin America and the Middle East & Africa show steady but slower growth, due to weaker tech infrastructure and lower volumes investments, while demand for energy, healthcare and infrastructure is rising. Do you have any specific queries or need any customized research on AI Accelerator Chips Market? Submit your inquiry here @ Recent developments In May 2025, Intel launched their Arc Pro GPUs and Gaudi 3 AI accelerators at Computex 2025 with a focus on the AI creators with scale out multi-GPU support and enterprise grade AI inference hardware. In April 2025, Google unveiled its seventh-generation TPU, Ironwood, at Cloud Next 2025, tailored for AI inference with up to 4,614 TFLOPs of capacity and 192GB RAM per chip. The chip with improved Sparse Core technology will be used in Google Cloud's AI Hyper computer later this year. Table of Contents - Major Key Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics Impact Analysis 5. Statistical Insights and Trends Reporting 5.1 Rising integration in autonomous vehicles and robotics 5.2 Edge AI adoption growth vs. centralized cloud computing 5.3 Integration Rates 5.4 Latency & Throughput Trends 6. Competitive Landscape 7. AI Accelerator Chips Market, by Chip Type 8. AI Accelerator Chips Market, by Processing Type 9. AI Accelerator Chips Market, by Industry 10. Regional Analysis 11. Company Profiles 12. Use Cases and Best Practices 13. Conclusion About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. Read Other Related Reports: North America Leads Accelerator Card Market with 46% Share in 2023, Driven by R&D Investments and Demand for HPC & Cloud Advancements Asia-Pacific Leads Global AI Chip Market with 33% Share in 2023, Driven by Surging Demand Across Key Sectors and Nations Like India, China, and Japan Edge AI Hardware Market Sees APAC Surge as AI, Robotics, and IoT Transform Healthcare and Industrial Sectors U.S. Edge AI Chips Market Set to Surge from $6.42B in 2024 to $54.73B by 2032, Driven by Soaring Demand for On-Device Intelligence AI-Powered Video Surveillance Market in the U.S. Expected to Reach $1.03 Billion, Driven by 24.5% CAGR Growth CONTACT: Contact Us: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 | +44- 20 3290 5010 (UK)
Scoop
22-05-2025
- Business
- Scoop
Taranaki Startups Begin 10-Week Sprint To Scale With PowerUp Accelerator
Press Release – Venture Taranaki The PowerUp Accelerator, an initiative of Te Puna Umanga Venture Taranaki, the regional development agency, offers a hands-on, founder-focused experience combining mentoring, expert-led workshops, peer support, and direct exposure to capital investors. The PowerUp Accelerator has officially kicked off, with six ambitious founders from across the region now embarking on a high-impact, 10-week journey designed to grow their early-stage ventures into investable, scalable businesses. The PowerUp Accelerator, an initiative of Te Puna Umanga Venture Taranaki, the regional development agency, offers a hands-on, founder-focused experience combining mentoring, expert-led workshops, peer support, and direct exposure to capital investors. 'This isn't a theory-based programme – it's tailored, practical, and focused on real-world outcomes,' says Jennifer Patterson, General Manager of Economic Development, Venture Taranaki. 'Participants benefit from one-on-one mentoring to unlock their potential, expert sessions to sharpen their business strategy, and the chance to fine-tune their pitch so they're ready to step in front of investors with confidence.' Throughout the programme, founders will also have access to dedicated co-working spaces and take part in regular peer check-ins to build a strong support network with other like-minded entrepreneurs. The Accelerator culminates in a live Showcase Night on 26 June – a pitch event where each participant will present their venture to an audience of investors, industry experts, and potential collaborators. Tickets will be available to the public on 2 June. Those interested can attend online or in person. 'It's a chance to gain valuable feedback, build connections, and create real momentum for their business,' adds Patterson. 'We're really excited to be part of the Accelerator programme and the momentum it brings to RockPool's mission,' said Masina Taulapapa, co-founder of RockPool Collective. ''At RockPool, we're reimagining aged care by connecting senior Kiwis with local families to build thriving intergenerational communities – a fresh and powerful solution to isolation, childcare challenges, and ageing at home.' 'The PowerUp programme gives us the chance to strengthen our business and connect with others who believe in building a more inclusive, intergenerational Aotearoa – an invaluable opportunity at this point in RockPool's journey.' The 2025 cohort reflects the diversity and ingenuity of the region's entrepreneurial ecosystem, with ventures spanning healthcare, aged care, edtech, skincare, and premium beverages. The startups and their hand-picked mentors include: – BOTALLOW: New Zealand's first supplier of premium, cosmetic-grade tallow at scale. Mentored by Nick Carey from Green Meadows Beef. – Elshaw: A natural solution for managing healthcare dressings and patches. Mentored by Glen Stephens from Sol + Sea – ExplainIT: Transformational education tools for those who struggle with numbers. Mentored by Kevin Best from Trackit – Her Strength: A science-based learning platform designed to help young female athletes thrive in sport. Mentored by Letitia Stevenson from Yonder HQ – Rockpool Collective: Reimagining the future of aged care by building intergenerational communities. Mentored by Sandra Julian – Zoa Vodka: International award-winning premium vodka produced exclusively in Taranaki. Mentored by Lindie Meintjes 'The PowerUp Accelerator is part of our wider mahi to strengthen the regions' innovation ecosystem,' says Patterson. 'We're proud to support these founders and help them move from promising ideas to powerful enterprises.' About the PowerUp Accelerator Showcase Event The PowerUp Accelerator Showcase Night is a live pitching event where six of the region's boldest new ventures will present their ideas to investors, industry leaders, and supporters. The night Hosted by Stacey Hitchcock, General Manager of Investment, Venture Taranaki, alongside a special guest speaker, you are sure to be entertained and inspired. Date: Thursday, 26 June 2025 Time: 6:00pm – 8:30pm Venue: The Devon Hotel, New Plymouth Tickets: Available 2 June – $35 to attend in-person, or $15 to view the online stream. About PowerUp PowerUp is a Venture Taranaki initiative. It is a range of support, services and activity focused on fostering and nurturing entrepreneurship and the entrepreneurship ecosystem in Taranaki, to help create smart, connected communities and enterprises. PowerUp is a carefully constructed programme of events and activities, delivered in conjunction with partners, and designed to complement the services and support already on offer by the wider ecosystem. A key objective of PowerUp is to highlight the range of support available for start-ups, entrepreneurs and enterprises across the entire ecosystem, helping to build visibility of the ecosystem itself. Connection and collaboration with the region's institutions, businesses and communities is vital to successfully powering-up the entrepreneurship ecosystem in Taranaki.
