WORKSHOP: Entrepreneurship and Strategies for AI Startups: “Session I - Transforming AI Academic Research to AI Startups”

Gena Lindsay, Neuvation Ventures; Joanne Wong, REDDS Capital; Utkan Demirci, Stanford University; Ladan Golshanara, Waveshaper AI;; ABSTRACT: While at IEEE CAI 2023 be sure to attend this workshop being arranged by IEEE Entrepreneurship! The workshop includes eight speakers focusing on three main themes: 1) the transformation of academic research in AI into a startup company, 2) an assessment of different forms of entrepreneurial funding that is available in the AI/tech community, and 3) the creation of strategies for digital transformation, especially towards markets that assist the aging as an example. All of these speakers are included with conference registration. Come learn how you too can convert your research into a startup towards the rapidly growing AI software market. The workshop is being arranged by Joanne Wong and Tom Monaco of IEEE Entrepreneurship . The Artificial Intelligence (AI) software market is expected to reach $126 Billion by 2025. In 2019, Gartner surveyed CIOs and found 37 Percent of organizations have implemented AI in some form. AI is digitally transforming the way we work as AI is now pervasive in many industry sectors. In the last decades, AI research has been booming and leading the way of many innovations that has created many start-ups. AI Entrepreneurship continues to be the force in innovation for academic and commercial applications, gaining much interest and investments. The speakers in this session will share their journey and best practices on how they, as academic researchers, emerged as AI entrepreneurs through university tech transfer negotiation, Intellectual Property protection, technology development as a startup vs a research lab, equity distribution, fundraising, etc.