GSMA Launches Innovation Fund to Boost AI Solutions in Emerging Markets
The has been unveiled, marking a significant initiative aimed at empowering small and growing enterprises in across Africa, South Asia, Southeast Asia, and the Pacific. This fund is designed to foster that tackle critical socio-economic and climate challenges, helping underserved regions unlock the transformative potential of artificial intelligence.
Artificial intelligence has proven its ability to address pressing global issues, from to . Yet, LMICs remain , with only a small percentage of global grants directed toward locally-developed AI solutions.
Despite the growth of AI-driven technologies, these advancements are often not tailored to the in LMICs. The GSMA Innovation Fund seeks to close this gap by that are contextually relevant and capable of delivering measurable socio-economic and climate benefits.
In partnership with the , the GSMA Innovation Fund provides a comprehensive support package to selected enterprises. Key benefits include:
The Fund is , with special emphasis on AI applications leveraging emerging technologies such as . Enterprises are encouraged to focus on two key dimensions:
These solutions aim to empower local and regional ecosystems to deploy AI technologies at scale.
The GSMA Innovation Fund is committed to creating a global ecosystem where AI is a tool for . By supporting forward-thinking enterprises, the Fund seeks to harness AI for:
This initiative also emphasizes collaboration, bringing together , and innovators to amplify the impact of AI technologies.
Innovative companies eager to leverage AI for positive change are invited to apply for the GSMA Innovation Fund. This is an opportunity to become part of a movement that is shaping the future of .
For more information on eligibility, funding, and the application process, visit the GSMA website and take the first step toward making a transformative impact.
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