Accelerator News: Snowflake launches new Silicon Valley AI Hub
AWS, CrowdStrike, and NVIDIA Inception announce 36 participants for Cybersecurity Start-up Accelerator
Snowflake Start-up Accelerator:
Speaking of artificial intelligence (AI), Snowflake, the AI data cloud company, announced that it is deepening its investments in AI innovation by opening the Silicon Valley AI Hub, a home for developers, start-ups, and business leaders to learn, deepen relationships, and shape the future of AI.
“Snowflake is the most consequential data and AI company in the world today,” said Sridhar Ramaswamy, Chief Executive Officer of Snowflake. “Our technology is already at the heart of customers’ data and AI strategies, and now, we are taking it a step further by creating a physical space for people shaping the future of AI to connect, learn, and work. Whether you’re a developer looking for hands-on experience, a startup founder looking for a place to collaborate, or an executive looking to explore the art of the possible, the Silicon Valley AI Hub will serve as the epicenter of AI development and collaboration.”
Located in the heart of Silicon Valley at Snowflake’s new Menlo Park campus, the nearly 30,000-square-foot space will open in Summer 2025, and will feature a range of spaces designed for people across the AI ecosystem. The Silicon Valley AI Hub will feature a start-up hub with flex desks, event spaces for community meetups and workshops, training rooms, a Customer Experience Center with board rooms for executive meetings, a video production studio, cafe, onsite catering and patio with views overlooking the San Francisco Bay Area. The space will offer enterprise executives a collaborative and flexible venue to define strategies and establish partnerships, AI engineers a space to experiment with new technologies and learn from each other, and early stage start-ups.
In addition to having access to the resources offered at the Silicon Valley AI Hub, start-ups in the Snowflake ecosystem have even more opportunities to build and expand their businesses with Snowflake. Through the Snowflake Start-up Accelerator, Snowflake and its venture capital partners are doubling down on their commitment to invest in and support a broad range of startups, including those that are building AI-based products and industry solutions on Snowflake. Formerly known as the Powered by Snowflake Funding Program, the Snowflake Startup Accelerator is expanding to invest up to $200 million, deliver technical assistance, give free credits, and unlock access to additional capital to help early-stage startups grow their businesses in the AI Data Cloud. In addition, Amazon Web Services (AWS) has also committed to provide up to $1 million in free Snowflake credits on AWS over four years to support startups building and offering applications on Snowflake’s platform.
AWS and CrowdStrike Cybersecurity Start-up Accelerator:
CrowdStrike, a global cybersecurity leader, has announced the 36 start-ups selected for the second annual AWS and CrowdStrike Cybersecurity Start-up Accelerator, in collaboration with the NVIDIA Inception program for start-ups. The program powers the next generation of artificial intelligence (AI) and cloud security start-ups across the U.S., Israel, and Europe.
AWS, CrowdStrike, and NVIDIA Inception will provide the participating companies with mentorship, technical expertise, funding, and go-to-market opportunities to accelerate innovation for cybersecurity’s next market-defining disruptors.
The free eight-week program will include access to top cybersecurity investors and enablement sessions. The program will culminate in a live Demo Day at the RSA Conference 2025 in San Francisco, where an expert panel will select an innovation award winner, with potential to receive funding from CrowdStrike’s strategic investment vehicle, the CrowdStrike Falcon® Fund.
“CrowdStrike revolutionized cybersecurity by bringing AI to the cloud, and now we’re extending that innovation by empowering the next wave of AI and cloud security startups,” said Daniel Bernard, Chief Business Officer at CrowdStrike. “Together with AWS and NVIDIA Inception, we’re combining industry-leading expertise, services, and infrastructure across cybersecurity, cloud and AI to equip the next generation of disruptors with the technology, mentorship, and resources they need to build and scale transformative security solutions.”
Click here to learn the names of the start-ups selected for Cohort 2.
AlphaLab:
AlphaLab, the accelerator of Innovation Works helping entrepreneurs accelerate their path to market, has selected 15 promising companies to join its first combined cohort.
Based in Pittsburgh, PA, the accelerator will provide up to $100,000 in investment, sector-specific expertise through specialized tracks, intensive training in customer acquisition and founder-led sales, hands-on fundraising preparation, and an immersive, on-site cohort experience. Last month, AlphaLab unified its distinct programs as tracks under one core curriculum that focuses on customers, capital, and community, vital pillars of starting and scaling a successful business.
“This year’s cohort represents a dynamic group of founders tackling critical challenges in sectors that are increasingly attractive to investors and areas in which Pittsburgh thrives,” said Aaron Tainter, Director of Accelerator Programs at Innovation Works. “Each of these start-ups brings a strong vision to the table. Our goal is to help them transform their concepts into scalable, high-impact businesses.”
Twelve of the 15 have been announced, and readers can find the names at this link.
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