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Thursday, 19 October 2017

NVIDIA Inception Awards Come to Tel Aviv: Ultimate Startup Faceoff Plays Out in Ultimate Startup Center

Source: blogs.nvidia.com --- Wednesday, October 18, 2017
It was the ultimate setting – like playing Baseball and Yankee Stadium or singing opera and La Scala. NVIDIA’s Inception Award competition for promising AI startups found its perfect home today in a packed auditorium in Tel Aviv, the epicenter of Israel’s startup culture. In a nation with the highest number of startups per capita – some 5,000 fledgling companies in a country of 8.5 million – six of the best competed head-on at GTC Israel, NVIDIA’s inaugural local edition of its GPU Technology Conference, which is on a global swing through six cities this autumn. In quarter-hour blocks, their CEOs briefly described their business strategy and then fielded questions from five judges with deep startup experience, including execs from three Israeli VC firms specializing in AI. The format, longer than the typical several-minute martial-arts like square-offs that place in other startup competitions. As more than 150 GTC attendees looked on, the judges named as winner Cognata , which uses simulations to train autonomous vehicles across wide-ranging, realistic environments without ever pulling out of the driveway. The prize: an NVIDIA DGX Station personal AI supercomputer, with four of the latest NVIDIA V100 GPU accelerators providing the processing capability of 400 CPUs, worth $69,000. “We’ll be number crunching and running generative adversarial networks all day and night with this,” said Danny Atsmon, Cognata’s jubiliant CEO, as he ...



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