Plug and Play is a global innovation platform in AI, and INTEMA (Intelligent Machines) is a global accelerator and investment platform launched by MTS, the world’s largest telecom operator. INTEMA and Plug and Play have signed a partnership agreement that will establish a global ecosystem leveraging the platform to support its comprehensive digital transformation strategy in the field of artificial intelligence.
Plug and Play’s collaboration, which will provide access to international expertise in Artificial Intelligence and possible investment opportunities, will enable INTEMA AI to help more startups worldwide participate in the accelerator program.
Alexander Khanin, Head of the MTS AI Center, said. “In the realm of artificial intelligence, we are building a full-cycle system for dealing with ideas, projects, and products. The collaboration with Plug and Play will strengthen our efforts in this process: we seek potential teams all around the world, support AI solution developers, and take their products to the next level. Going forward, we plan to continue investing in promising AI-focused teams and technologies as part of our venture fund, corporate accelerator, and venture studio.”
INTEMA by MTS AI is a startup accelerator that selects the best companies globally and provides guidance in technology, marketing, and sales. INTEMA will use Plug and Play experts as mentors in the acceleration program, supplementing their knowledge, skills, and capabilities so that they can assist companies in scaling and creating cutting-edge AI applications. In the INTEMA by MTS AI accelerator, leading technology companies such as Samsung, Apple, Shazam, Intel, Nvidia, and Samsung provide knowledge and mentorship for INTEMA startup companies.
Saeed Amidi, CEO of Plug and Play, said, “Serving one of the leading AI global platforms is a great honor for Plug and Play. We are excited to explore the Russian telecommunications market as well with an in-depth approach to be able to drive innovation forward. At Plug and Play, we are convinced that established corporations that connect and cooperate with best-in-class startups prosper under the possibilities these collaborations offer to them. The partnership with INTEMA by MTS AI promises to be of great value for both sides when it comes to creating growth opportunities, exploring new markets, and accelerating innovation measures.”