Lablab.ai, a platform by New Native that support and encourage the modern AI ecosystem, has partnered with A171, a prominent AI Company under ATRC and VentureOne, to launch an AI focused event powered by the Falcon Large Language Models with a chance to win $20,000 prize pool.
This partnership is in line with New Native’s goal of serving as a bridge between advanced AI technology and its builders and enthusiasts. They aim to surpass the barriers of accessibility and introduce lablab.ai to emerging and powerful players in AI space.
First and exclusive access to the AI71 API will be granted to the hackathon participants, allowing users to use the Falcon LLMs through a pay-as-you go system instead of downloading the entire LLM., which would require a lot of computer power.
Reda Nidhakou, the Acting CEO of VentureOne, AI71’s parent company, commented that, “The world has made incredible strides in AI development the challenge is applying it to real-world problems.” Reda also added that, “That is the crux of this competition, and of AI71, which is dedicated to using AI to transform the way we work. Through the Falcon Hackathon, we’re offering coders unprecedented access to the Falcon LLMs through a beta release of our API Hub. We look forward to seeing the ground-breaking projects they will create.”
Pawel Czech, Co-Founder – New Native
“We’re excited to introduce our community to a powerful alternative within the industry that’s becoming increasingly well-respected. This is about partnering with a company that is becoming more recognized for its ongoing development and contributions in playing a major role supporting the growth of the AI industry.”
The hackathon participants are competing for $20,000 prize pool, in both cash and credits. A minimum number of tokens will be given to each participant who completes the pre-screening process. The event will highlight Falcon’s technology and platform, fostering innovations in areas including healthcare, education, legal and retail while allowing the participants the freedom to explore new applications.
This partnership is anticipated to have a significant impact on both developers and AI builders within the lablab.ai community. This partnership will also reinforce New Native’s position in the AI world.
