Accelerator Seeks to Foster Artificial Intelligence Startups

Jun 2, 2016 7:21 am ET Seeking to tap into a booming market, global business incubator TechCode on Thursday is expected to launch a startup accelerator focused on the rapid development of artificial-intelligence and AI-based hardware ventures. The six-month program will be based in Mountain View, Calif., the company said. The first cohort includes eight startups with working prototypes in the areas of connected car technology, robotics and wearables, among other applications and devices. TechCode, which oversees a network of startup programs in Beijing, Shanghai, Tel Aviv and Berlin, says the goal of the accelerator is to speed up the commercialization of nascent AI ventures, in part by fostering connections with partners and investors abroad. “We feel that AI has reached an inflection point,” Luke Tang, the accelerator’s general manager,…

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