Volkswagen and NVIDIA are looking to help five top startups put the pedal to the metal in the race to bring new technology to the automotive industry.
The startups will be part of a VW effort focused on exploiting technology such as, but not limited to, GPU deep learning, machine learning and data science to solve challenges the auto industry faces inside and outside the vehicle, including cybersecurity, logistics, speech and image recognition, and predictive maintenance.
Those selected will each receive €30,000 ($35,000) investment without giving up equity; office space and lab facilities within the lab; mentoring and guidance from VW and NVIDIA experts; plus access to the full resources of the Data:Lab, including an NVIDIA DGX-1 AI supercomputer.
After the first 14-week session, further startups will be selected to participate in future cycles.
“At the Data:Lab Munich, our mission is to create an environment where our team of machine learning experts, industry and academic partners can realize AI’s potential to transform the auto industry,” says Barbara Sichler, director of Business Development and Product Management at the Volkswagen Data:Lab.
Interested startups should apply at the Startup Collaboration Space platform.