Meta Expands AI Startup Program to Bolster Tech Companies


Highlighting both the potential for innovation and the growing influence of American tech companies in the Europe’s artificial intelligence (AI) landscape, selected startups will work with Meta’s Fundamental Artificial Intelligence Research (FAIR) lab and gain access to open-source AI models like Llama.

These startups have been struggling to maintain their competitive edge in the global market.

The program, which will run from September 2024 to February 2025, is based at Paris’ STATION F campus and is open to applicants across the European Union.

The Meta-led program could accelerate European AI development, potentially leading to breakthroughs in various sectors. However, this also underscores the region’s reliance on American tech expertise and infrastructure.

The program expansion comes as Europe seeks to establish itself as a responsible AI innovator while navigating complex relationships with big tech.

Also Read: Umniah Launches First Startupbootcamp MENA Challenge

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