Meta and Dubai Future Foundation announced the launch of the first cohort of the Llama Design Drive, a regional AI Accelerator powered by Startupbootcamp targeting corporates and startups across the Middle East and North Africa.
The first cohort of the programme includes 22 startups, and 8 AI development professionals focused on solving leading industry challenges related to AI.
This first-of-its-kind initiative is designed to accelerate the development of innovative AI solutions using Meta’s open-source large language model Llama 3.1 by fostering collaboration between startups and leading corporations within the UAE. The programme is set to significantly advance the AI ecosystem in the UAE, aligning with the nation’s strategic vision to be a global leader in AI technology.
The first cohort of the Llama Design Drive consists of a 4-week AI design sprint aiming to connect startups at the forefront of AI innovation with real-world business challenges presented by four of the UAE’s leading companies: Emirates airline, The Roads and Transport Authority (RTA), Dubai Holding and Chalhoub Group. The programme offers unparalleled access to real complex business problems that these companies are facing, enabling participants to conceptualize, develop, and pitch AI-driven solutions with significant commercial and social impact leveraging Meta’s open-source AI models.
Startups selected for the Llama Design Drive will benefit from close collaboration with Meta’s engineering teams and may have the chance to be fast-tracked into a global programme sponsored by Meta, with the opportunity to receive up to $500,000 in funding to support the development of their AI products. This initiative is not just about innovation; it’s about creating real impact and advancing the UAE’s position as a leader in the AI field.
News Source: Emirates News Agency
