{"id":625493,"date":"2024-06-25T17:14:13","date_gmt":"2024-06-25T14:14:13","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/metas-new-accelerator-for-european-ai-startups-could-be-a-blessing-or-a-curse\/"},"modified":"2024-06-25T17:14:13","modified_gmt":"2024-06-25T14:14:13","slug":"metas-new-accelerator-for-european-ai-startups-could-be-a-blessing-or-a-curse","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/metas-new-accelerator-for-european-ai-startups-could-be-a-blessing-or-a-curse\/","title":{"rendered":"#Meta&#8217;s new accelerator for European AI startups could be a blessing or a curse"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a407ef7e3df7\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a407ef7e3df7\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/metas-new-accelerator-for-european-ai-startups-could-be-a-blessing-or-a-curse\/#Big_techs_involvement_in_European_AI\" >Big tech\u2019s involvement in European AI<\/a><\/li><\/ul><\/nav><\/div>\n<p><img decoding=\"async\" src=\"https:\/\/img-cdn.tnwcdn.com\/image?fit=796%2C417&amp;url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2024%2F05%2FUntitled-design-1-1.jpg&amp;signature=5fed0378c97bfca1c69d1326837eea94\" \/><\/p>\n<div id=\"article-main-content\">\n                            Amid tense relations between big tech and the EU, Meta has announced its second AI startup accelerator in Europe.<\/p>\n<p>The accelerator targets startups that want to integrate open-source foundation models (such as Llama and Mistral 7B) into their products.<\/p>\n<p>To deliver the programme, Meta has once again teamed up with Hugging Face, a US-based open-source platform that hosts machine learning models and tools, and Scaleway, a European cloud provider for AI infrastructure.<\/p>\n<p>The initiative will initially select five startups in the MVP (minimum viable product) or product stage.<\/p>\n<div class=\"inarticle-wrapper channel-cta\">\n<div class=\"ica-text\">\n<p class=\"ica-text__title\">TNW Conference 2025 &#8211; Back to NDSM on June 19-20, 2025 &#8211; Save the date!<\/p>\n<p>As we wr<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ed up our incredible 2024 edition, we&#8217;re pleased to announce our return to Amsterdam NDSM in 2025. Registration now!<\/p>\n<\/div>\n<\/div>\n<p>The finalists will receive technical mentoring by teams at Meta\u2019s AI research lab, FAIR. They will also get access to Hugging Face\u2019s platform (which includes Meta\u2019s own Llama models), and to Scaleway\u2019s cluster of several thousand NVIDIA H100 GPUs.<\/p>\n<p>The startups will also benefit from the resources of\u00a0 the\u00a0world\u2019s largest startup campus, STATION F in Paris, which will host the accelerator.<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/europeanaistartupprogram.splashthat.com\/\">Applications<\/a> are open until August 16, and the programme will run from September 2024 to February 2025.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Big_techs_involvement_in_European_AI\"><\/span>Big tech\u2019s involvement in European AI<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Meta is touting the programme\u2019s potential to accelerate the adoption of open-source AI solutions in the EU.<\/p>\n<p>\u201cWe can help European developers innovate faster, bringing growth to their markets and propelling the European ecosystem forwards,\u201d Marco Pancini, Meta\u2019s Head of EU Affairs, said.<\/p>\n<p>Meanwhile, Nick Clegg, Meta\u2019s President of Global Affairs, said the accelerator was part of the possible solutions that could help address an \u201cenormous problem\u201d for Europe.<\/p>\n<p>\u201cAll the big AI companies are Chinese and American,\u201d he <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.corriere.it\/tecnologia\/24_giugno_24\/nick-clegg-meta-intelligenza-artificiale-4ea8fd2a-af21-4d3a-af66-a9ce28514xlk.shtml\">said in an interview<\/a> with Italian <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>paper Corriere Della Sera.<\/p>\n<p>The news about the tech giant\u2019s accelerator comes about a week after the company was forced to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/technology\/artificial-intelligence\/meta-will-not-launch-meta-ai-europe-now-2024-06-14\/\">halt the launch<\/a> of its GenAI models in Europe, following the request of the Irish data protection authority (DPC) on the grounds of data privacy concerns.<\/p>\n<p>Meta\u2019s partnership with Scaleway shields the initiative from similar issues, guaranteeing data residency in the EU.<\/p>\n<p>But it doesn\u2019t safeguard it from concerns over big tech\u2019s involvement in Europe\u2019s AI scene. As the EU is striving for digital sovereignty, it aims to reduce dependence on <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> infrastructure and innovation from external sources.<\/p>\n<p>While the Meta-led accelerator has the potential to boost AI startups in the region, it underscores this reliance. In addition, it could ultimately make a move to the US more attractive or help facilitate an acquisition by larger companies based overseas\u00a0\u2014 striking a blow to the EU\u2019s emerging AI industry.<\/p>\n<p>The UK provides an illuminating example of the consequences. The acquisition of DeepMind and Darktrace, for instance, by US companies has had a serious impact on both the British tech sector and stock market.<\/p>\n<p>\u00a0\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/technology\/\" target=\"_blank\" rel=\"noopener\">Technology category.<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/thenextweb.com\/news\/metas-new-accelerator-european-ai-startups-blessing-or-curse\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amid tense relations between big tech and the EU, Meta has announced its second AI startup accelerator in Europe. The accelerator targets startups that want to integrate open-source foundation models (such as Llama and Mistral 7B) into their products. To deliver the programme, Meta has once again teamed up with Hugging Face, a US-based open-source&#8230;<\/p>\n","protected":false},"author":1,"featured_media":625494,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/img-cdn.tnwcdn.com\/image\/tnw-blurple?filter_last=1&fit=1280%2C640&url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2024%2F05%2FUntitled-design-1-1.jpg&signature=ee03e53b508bdc258a9a3a8b33b07078","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-625493","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/625493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=625493"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/625493\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/625494"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=625493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=625493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=625493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}