The Microsoft OpenAI Hackathon, organized by STTE in collaboration with a council of startups, was held from March 31st to April 2nd, 2023. The hackathon aimed to advance regional talent, build industry products, and transform the region by incorporating AI technology into local businesses. The targeted industries for the event were Advanced Manufacturing (with a focus on Logistics), Construction, and Financial Services.
With ten team participants from various backgrounds and industries, the event was a huge success. The hackathon featured an esteemed panel of judges, including Alexandra Chavez, Senior Vice President of Bank of America, J.J. Childress, Community Engagement Manager at Microsoft, Duane Murphy, President of Gamer Logistics, Samuel Moreno, co-founder of Musicstar.ai, and Frank Spencer, President of Aztec Contractors.
After three days of intense coding, brainstorming, and collaboration, the winner of the hackathon was the team from Bosque Labs. Their innovative AI solution aimed to revolutionize the financial services industry, providing users with customized financial planning and investment advice based on their personal preferences and goals. The team received a prize of $2,000 and the opportunity to work with STTE to develop and implement their solution.
We would like to thank all the judges, competitors, tech council, and sponsors who made this event possible. Special thanks to Microsoft for their generous sponsorship of the hackathon.
As we look towards the future, it is important to note the transformative power of AI technology. According to a report by McKinsey Global Institute, AI has the potential to create an additional $13 trillion in economic value by 2030. The Microsoft OpenAI Hackathon is just the beginning of transforming the Paso del Norte Region and beyond with the latest advancements in AI technology.
We look forward to continuing this important work and creating a brighter future for our communities through innovation and collaboration.