Cambridge, Mass. — CIC, a global leader in building and operating innovation ecosystems, and C10 Labs, a groundbreaking AI venture studio with roots in the innovation hub of MIT, proudly announce their collaboration to establish an AI hub in Kendall Square that will drive innovation and grow an AI-focused community.
Creating an AI Hub at CIC
This new strategic collaboration will leverage CIC’s deep expertise in creating hubs of activity where companies with shared interests convene and accelerate their respective industries, and C10 Labs’ nontraditional approach to supporting and building startups.
Through this collaboration, CIC and C10 Labs will create a unique space that facilitates innovation, collaboration, and the growth of AI startups at CIC in Kendall Square. Together, the organizations aim to foster a dynamic environment that nurtures AI startups, promotes collaboration, and accelerates the development of groundbreaking AI technologies.
“More than 10,000 organizations have benefited from the culture of collaboration that we create at our network of CIC Innovation Campuses. We are thrilled to partner with C10 Labs to build an AI hub that will benefit from our vibrant ecosystem that encompasses startups, academic partnerships, and corporate customer relationships,” said Tim Rowe, Founder & CEO, CIC.
Shepherding the Next Wave of AI Startups
C10 Labs envisions a future where AI revolutionizes industries such as healthcare, agriculture, transportation, energy, and more. C10 Labs was founded by a team of AI industry experts, Shahid Azim (CEO), Dr Patricia Geli (COO), and Prof Ramesh Raskar (Chief Scientist) who are founders, operators, and scientists, and met co-teaching MIT’s pioneering AI Venture Studio Class. The venture studio model employed by C10 Labs focuses on aligning critical skills, deep sector expertise, capital, and corporate networks to scale impact and unlock massive stakeholder value.
As a result of this new collaboration, startups supported by C10 Labs through its biannual cohort-based programs will benefit from the physical space at CIC, as well as dynamic programming, events, and access to a community of like-minded innovators working to solve some of the world’s biggest challenges. The partnership will kick off in tandem with C10 Labs’ inaugural Winter Cohort, through which 15 entrepreneur teams will participate in a fast-paced, four-month curriculum based at CIC.
“We believe that the true potential of AI lies in its ability to transform industries, reshape economies, and enhance lives,” said Shahid Azim, General Partner and CEO at C10 Labs. “Through our partnership with CIC, we aim to create a dimensional AI hub that goes beyond screens, revolutionizing how AI impacts various sectors and ultimately contributes to the betterment of society.”
While Massachusetts was recently recognized as the top rated place for AI companies in a recent survey, the strategic location of this hub in Kendall Square at CIC Cambridge further solidifies the region’s standing as a home for advanced innovation. With CIC’s global credibility and footprint, this collaboration provides a path for C10 Labs to further establish its cohorts and networks.
CIC builds and operates a global network of innovation campuses where startups, scale-ups, corporations and public entities connect, work, and grow. Founded in 1999, CIC manages more than 1.2 million square feet of innovation-focused workspace, laboratories, and event space across North America, Europe and Asia. Additionally, CIC develops innovation-related programming, builds and enables industry clusters, and provides world-class innovation consulting.
About C10 Labs
C10 Labs is an MIT-born AI venture studio and fund creating iconic AI-first ventures. Founded in 2023, C10 Labs is extending the AI revolution beyond screens to build “Dimensional AI” ventures that will transform existing markets with an initial focus on healthcare, agriculture, transportation, and energy. C10 Labs’ AI-studio model uses a thesis-driven approach to revolutionize how to build and scale startups. Created by AI experts who are entrepreneurs, operators, and scientists, C10 Labs is building companies that will accelerate AI innovation and global impact. C10 Labs has launched a Winter Cohort, with the initial cohort starting on November 16, 2023. Learn more at C10Labs.com, LinkedIn and X.