XiByte, a Tampa company with artificial intelligence technology to help entrepreneurs, has been accepted into AI Ventures, an Australian tech incubator.
XiByte will participate in a 12-week cohort, which is being held virtually because of the Covid-19 pandemic. Participation in the program will help XiByte enter the Australian market and raise capital, said Sat Ramphal, CEO.
Australia is a good fit for XiByte’s core product, Maya, an artificial intelligence-powered advisor and virtual assistant for startup founders. Maya advises entrepreneurs about the operational tasks and steps they need to take and facilitates that work through XiByte’s 1,500-member corporate partnership network that includes law firms, accountants and marketers, among others.
“Australia is one of the top five countries in the world for being the most active in entrepreneurship, which is our targeted customer base,” Ramphal said. In addition, “Australia has some of the best AI programs in the world, and we are confident that the array of advisors will help create Maya to be much more intelligent and efficient when helping customers.”