In the latest moves by tech unicorns in Indonesia, ride-hailing firm Grab has announced the launch of Thinkubator, a startup conference and competition, while e-commerce company Tokopedia has launched an AI development centre in partnership with Universitas Indonesia.
Grab introduces Thinkubator Conference
In what seems to be a public-private collaboration, Grab has tied up with five government ministries and agencies to launch Thinkubator, a startup conference and competition to find the next decacorn startup in Indonesia.
The initiative backed by Coordinating Maritime Affairs Ministry, the Office of Presidential Staff (KSP), Ministry of Communication and Information Technology, the Indonesian Investment Coordinating Board (BKPM) & Agency for Creative Economy (Bekraf), will help expand and develop the technology and startup ecosystem across Indonesia, Grab said in a statement.
The Southeast Asian ride-hailing giant claims that as many as 1,165 startups across Indonesia have signed up for the programme, which has focused on diversity and inclusion. Of them, 150 have been shortlisted and selected to join the conference that includes workshops and networking opportunities.
The programme will then select six top finalists who will pitch their ideas in front of a professional panel of top business leaders that includes William Tanuwijaya, co-founder of Tokopedia; Friderica Widyasari Dewi, executive director at KSEI; and Chairul Tanjung, chairman of CT Corp. The Thinkubator Final will be broadcast live on national TV.
The finalists of Thinkubator will have a chance to receive funding from a total pool valued at Rp 3 billion, including access to Microsoft Azure to grow their business.
Tokopedia launches AI centre in collaboration with Universitas Indonesia
Indonesian e-commerce unicorn Tokopedia has teamed up with Universitas Indonesia (UI) to launch an AI development centre, the company said in a statement.
The Tokopedia-UI AI Centre of Excellence claims to be the first AI development centre in Indonesia that has a deep learning supercomputer technology from NVIDIA, the V100 GPUs built on the Core Tensor architecture to accelerate AI performance.
Through the collaboration, researchers from UI will develop AI-based solutions to address problems that occur in society and industry, including the e-commerce industry, such as logistics, risk management, cybersecurity, and payment. In addition, researchers will also be able to examine various ways to help traders produce and provide services, and create better products by using NVIDIA’s super-computer technology.
For the university, the collaboration is expected to strengthen the spirit of innovation for UI academicians that will help contribute world-class level of research findings for the advancement of the Indonesian economy to the next level.
The move by Tokopedia follows that of competitors Bukalapak, which in February launched an artificial intelligence and cloud computing center in collaboration with the Bandung Institute of Technology (ITB).