Winners of the “AI Startup Challenge” Announced

Winners of the “AI Startup Challenge” Announced

On July 5, 2025, the “AI Startup Challenge,” organized by the ABB Innovation Center in partnership with Mastercard and ADA University, brought together innovative ideas and technology-driven solutions in the field of artificial intelligence. A total of 200 teams applied to participate in the competition, of which only 40 successfully passed the selection stage and advanced to the final. During the one-day event, the finalist teams presented their AI-powered projects addressing real-sector challenges to a panel of judges. The projects were evaluated by local and international experts. The top-performing teams gained access to the ABB Innovation Center’s incubation program and the Mastercard Sandbox platform. In addition, the winning teams received a share of the AZN 10,000 prize fund. The judging panel consisted of recognized local and international experts in artificial intelligence, financial technologies, and innovation. The competition also created valuable networking opportunities for startup teams, enabling them to connect with industry professionals and ecosystem representatives. At ABB Innovation, we remain committed to supporting the integration of artificial intelligence into real-world industries, contributing to the development of local technology teams, and bringing internationally scalable projects to the forefront through similar initiatives. For more information and upcoming opportunities, please visit: https://abbinnovation.az