Singapore—April1, 2024—UTC Network Pte Ltd. today announced it has joined NVIDIA Inception, a program that nurtures startups revolutionizing industries with technological advancements.
UTC Network Pte Ltd. (“UTC Network”) is a multinational enterprise comprising multiple subsidiaries, dedicated to financial capital market research and application development using artificial intelligence and big data. UTC is a builder of the next-generation financial internet infrastructure that consolidates global financial information and service resources to provide easy and cost-efficient access to every user. UTC’s core values are righteousness, extraordinary ability, simplicity, and altruism, and its mission is, “Doing right, acting unexpectedly, keeping matters simple, and helping others.”
UTC Network plans to use the resources available through NVIDIA Inception, including access to technical training, preferred pricing on NVIDIA hardware and software, free cloud credits, and technological assistance, to increase its computing power, which is necessary for processing the large datasets and complex algorithms that are crucial in financial markets for tasks like real-time analytics, algorithmic trading, and risk management. Advanced AI capabilities and efficient computing infrastructure can lead to more innovative solutions and better market predictions. These capabilities will allow UTC to support a growing user base, helping ensure that the infrastructure can handle thousands to millions of users without compromising performance. The program will also offer UTC Network the opportunity to collaborate with industry-leading experts and other AI-driven organizations.
“Joining NVIDIA Inception is a pivotal step for UTC Network, helping to foster growth, innovation, and competitive advantage in the fast-evolving fields of AI and finance,” said YuanFei Wang, CEO of UTC Network Pte Ltd.
NVIDIA Inception helps startups during critical stages of product development, prototyping, and deployment. Every Inception member gets a custom set of ongoing benefits, such as NVIDIA Deep Learning Institute credits, preferred pricing on NVIDIA hardware and software, and technological assistance, which provides startups with the fundamental tools to help them grow.