Pundi AI, a data infrastructure platform that integrates artificial intelligence with blockchain technology, has joined the NVIDIA Inception program, according to an April 29 statement shared with CryptoSlate.
The initiative, designed to support cutting-edge AI startups, will offer Pundi AI access to advanced tools, training, and market support.
According to the statement, Pundi AI provides several services, including an omnichain data layer, a data tagging and annotation framework, and a marketplace for trading AI data.
Pundi AI aims to build an open ecosystem for AI that encourages broader access to data, development tools, and decentralized innovation.
Joining the NVIDIA Inception program gives Pundi AI several key advantages. These include discounts on high-performance hardware, cloud computing credits, and NVIDIA Deep Learning Institute learning resources.
The company expects these benefits to speed up product development, improve deployment strategies, and attract new users to its platform.
Pundi AI will also gain access to NVIDIA’s global startup community. This network connects emerging companies with industry veterans, enabling knowledge sharing and potential collaboration on AI research and applications.
Meanwhile, the inclusion of the decentralized AI project is noteworthy because NVIDIA’s Inception program typically excludes crypto-focused ventures.
According to the program’s official guidelines, businesses involved in digital assets, including consulting firms, cloud service providers, and public companies, are ineligible to participate in the initiative.
However, the AI project’s admission suggests its core identity lies more in AI innovation than crypto involvement. This positioning likely helped it qualify despite NVIDIA’s policy.
Commenting on the milestone, Pundi AI CEO Zac Cheah said the partnership “marks a key step towards creating 1 million AI jobs globally.”
According to Cheah:
“Being a part of this ecosystem will help Pundi AI stay at the forefront of AI innovation, paving the way for impactful solutions that leverage NVIDIA’s high-performance infrastructure to transform industries.”
Following the news, Pundi AI’s native token saw a 30% surge in value and was trading at $0.15957 as of press time, based on CryptoSlate data.
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Source: https://cryptoslate.com/pundi-ai-breaks-new-ground-by-joining-nvidias-exclusive-ai-startup-circle/