Amazon Is Launching an Accelerator for Conversational Artificial Intelligence

Amazon is partnering up with Techstars to launch an Alexa Accelerator for companies developing conversational artificial intelligence. Starting in January 2017, early-stage companies working on speech technology or voice applications in any industry--including, but not limited to automobiles, health, communications, wearables, and connected homes--can apply for the 13-week program, and a chance to win $120,000. Ten to 12 startups will have a spot in the program, and will live at the University of Washington beginning in July 2017. Participants will each receive a total of $20,000, and will have a chance to work with Amazon and Techstars mentors to develop strategies that will help further their business. A demo day will be held in October during which companies will share their product with investors, and a select few will win an additional $100,000 at the conclusion of the program.