Disney’s 10th Accelerator Program invests in four AI startups

The tenth yr of the Disney Accelerator Program has been introduced, with a powerful concentrate on AI as 4 out of the 5 chosen corporations are within the artificial intelligence space.

Introduced on Wednesday (Feb. 21) by way of a press release, the Walt Disney Firm shares the way it’s ‘exploring how rising applied sciences can be utilized as instruments to foster human creativity and creativeness and assist form the way forward for media and know-how.’

The Accelerator Program leads to an funding of time, cash, and sources, often right into a choose group of start-ups and entrepreneurs. Disney has linked greater than 60 world corporations by means of this scheme, together with the likes of Epic Video games, Kahoot!, Illumix, and Inworld.

This yr, the next corporations have been chosen to participate:

AudioShake: They use AI to separate layers of recorded sound with a purpose to make audio interactive, editable, and customizable.

ElevenLabs: A voice AI analysis and deployment firm that creates real looking, versatile, and contextually conscious AI audio.

Nuro: An autonomous automobile firm that builds customized, electrical, zero-occupant autos for the supply of products.

PrometheanAI: They supply a set of instruments for digital world creation and digital asset administration utilizing pure language prompts.

StatusPro: Immersive leisure that leverages digital and augmented actuality to create first-person sports activities gaming experiences.

The press launch additional touches on the collection of AI companies, “the businesses within the 2024 Disney Accelerator share in Disney’s dedication to exploring the advantages that synthetic intelligence could provide to allow human creativeness and creativity in a accountable and moral means.”

Marking their first decade, the leisure conglomerate goals to proceed to seek out methods to innovate and use know-how within the service of storytelling. Simply a few weeks in the past, information got here of a $1.5 billion investment into Epic Video games from Disney, serving to the gaming firm construct out a metaverse-like Disney immersive universe.

Featured picture: Picture by Gary Ullah

Sophie Atkinson

Freelance Author

Sophie Atkinson is a UK-based journalist and content material author, in addition to a founding father of a content material company which focuses on storytelling by means of social media advertising. She kicked off her profession with a Print Futures Award which champions younger expertise working in print, paper and publishing. Heading straight right into a regional newsroom, after graduating with a BA (Hons) diploma in Journalism, Sophie began by working for Attain PLC. Now, with 5 years expertise in journalism and lots of extra in content material advertising, Sophie works as a contract author and marketer. Her areas of specialty span a variety, together with know-how, enterprise, advertising, and finance.

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