Meta’s new accelerator for European AI startups could be a blessing or a curse

Amid tense relations between big tech and the EU, Meta has announced its second AI startup accelerator in Europe. The accelerator targets startups that want to integrate open-source foundation models (such as Llama and Mistral 7B) into their products. To deliver the programme, Meta has once again teamed up with Hugging Face, a US-based open-source platform that hosts machine learning models and tools, and Scaleway, a European cloud provider for AI infrastructure. The initiative will initially select five startups in the MVP (minimum viable product) or product stage. The finalists will receive technical mentoring by teams at Meta’s AI research…

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