Comcast this week announced its Comcast NBCUniversal LIFT Labs Accelerator: Generative AI. The company will work with startups to gain insights on opportunities in Generative AI and explore working with the companies.
Generative AI involves generating text, images, or other media in response to prompts.
In the six-week accelerator, there will be in-person programming at the Comcast Technology Center in Philadelphia and virtual sessions. In addition, there will be opportunities to work with teams across Comcast and to hear from leading AI investors and founders; experts on enterprise business development; and media.
Participating startups represent a variety of stages of fundraising, from pre-seed to Series B, and are addressing a range of use cases across a number of industries. The participating companies will be announced at the conclusion of the program.
Leading the accelerator will be Laura Plunkett and Luke Butler, Comcast NBCUniversal executive directors of startup engagement, and VentureFuel, an organization that helps corporations around the world innovate through startup collaborations.
Upon completion of the accelerator, alumni will continue to receive dedicated support from the LIFT Labs team to assist in pilot execution and to facilitate further connections to teams at Comcast, NBCUniversal and other enterprises in the LIFT Labs network.
The accelerator program is designed to build on Comcast’s history of working with startups. Since LIFT Labs launched its first accelerator in 2018, more than 80% of the portfolio companies have landed a proof of concept, pilot, or commercial deal with Comcast NBCUniversal.
“The possibilities surrounding Generative AI and its applications are rapidly increasing as we continue to learn more about these emerging technologies,” said Sam Schwartz, Comcast chief business development officer, in a prepared statement. “The customized curriculum of the program fosters creativity and innovation, with a focus on establishing partnerships with enterprises.”
