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IBM and Web Summit to Launch Sports Tech Startup Challenge to Fuel Next Wave of Innovation in Sports

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IBM and Web Summit to Launch Sports Tech Startup Challenge to Fuel Next Wave of Innovation in Sports
Business

Business

IBM and Web Summit to Launch Sports Tech Startup Challenge to Fuel Next Wave of Innovation in Sports

2025-11-10 21:00 Last Updated At:21:15

  • The IBM & Web Summit Sports Tech Startup Challenge will seek to find game-changing solutions that could be leveraged throughout IBM's technology portfolio and world-class global sports and entertainment partnership team.
  • Regional startup competitions planned for Qatar, Vancouver, and Rio, leading to the global finale at Web Summit Lisbon 2026.
  • IBM to become the Official AI Partner across all Web Summit 2026 conferences in Qatar, Vancouver, Rio de Janeiro and Lisbon.
  • LISBON, Portugal, Nov. 10, 2025 /PRNewswire/ -- IBM (NYSE: IBM) and Web Summit today unveiled a new global sports-tech competition proposal. The Sports Tech Startup Challenge will spotlight startups using AI to revolutionize sports — from athlete performance and stadium operations to fan engagement — with regional events planned for Qatar, Vancouver, and Rio, culminating with global winners being selected during Web Summit Lisbon 2026. Participation will be subject to local laws and official rules to be published before each regional competition.

    As one of the world's fastest-growing industries, sports entities of all shapes and sizes are racing to better integrate AI, turning to enterprise-grade solutions to boost performance, unlock new revenue, and deliver smarter fan experiences. For more than three decades, IBM has been a trustworthy tech partner to iconic sports organizations including the Masters, Wimbledon, the US Open, Scuderia Ferrari HP, UFC and ESPN Fantasy Football. With the Sports Tech Startup Challenge, IBM will bring this unrivaled expertise to the sports tech startup community for the first time, accelerating innovation at the intersection of AI and sports.

    "IBM has spent decades partnering with global sports icons, integrating our technology to redefine how the game is played, watched, and experienced," said Emily Fontaine, Global Head of Venture Capital at IBM. "With the IBM & Web Summit Sports AI Startup Challenge, we'll fuse that legacy with the ingenuity of some of world's best startups, to spark the next era of sports innovation — and write a new playbook for AI-driven growth across the industry."

    The IBM & Web Summit Sports Tech Startup Challenge is expected to unfold over a 12-month cycle, including mini-regional competitions where startups will pitch enterprise-grade AI solutions for the sports and entertainment industry. Pitches will be judged by a slate of industry leaders, including IBM leaders, sports and tech executives, and world class athletes. Regional winners will be showcased live on stage at Lisbon Web Summit 2026 and conclude with the winner selection. Winners may be eligible for the following from IBM: a paid proof of concept valued at up to $100,000 in collaboration with IBM Sports and Entertainment Partnership Team, mentorship from IBM's world-class experts in tech, innovation, and business development and evaluation for venture funding.

    "As one of our long-standing partners, we're delighted to enter this new phase with IBM," said Kevin McDonald, Chief Commercial Officer, Web Summit. "We have helped showcase startups over the years which have went on to become some of the world's biggest companies, such as Revolut, Stripe and Whoop. This partnership highlights the rapid growth of AI in sports tech, fusing the biggest growth sector in tech with the sports that captivate billions worldwide. We look forward to discovering the next big success story together with IBM over the coming 12 months."

    How to Apply
    Startups interested in participating in the IBM & Web Summit Sports Tech Startup Challenge will be able to obtain additional information through the dedicated Web Summit Startups portal. Details, including eligibility, deadlines, and selection criteria will be announced on the portal closer to each regional pitch event.

    Applicants may begin the process by going to the IBM & Web Summit Sports Tech Startup Challenge portal: https://websummit.com/ibm-ai-startup-challenge/

    IBM as Web Summit's Official 2026 AI Partner
    IBM is the Official AI Partner across all Web Summit 2026 conferences in Qatar, Vancouver, Rio de Janeiro and Lisbon and will host a series of on floor activations and curated content programs focused on AI and quantum for businesses.

    About IBM
    IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.

    About Web Summit
    Web Summit is a global technology events company that brings together founders, entrepreneurs, business leaders, and investors to connect and exchange ideas about the technologies and trends shaping the world. Since 2009, Web Summit's portfolio - including Web Summit in Lisbon, Web Summit Rio in South America, Web Summit Vancouver in North America, and Web Summit Qatar in the Middle East, and RISE in Asia - has attracted nearly one million participants. Its newest event, Web Summit Vancouver, launched in May 2025. To learn more, visit websummit.com and follow Web Summit on LinkedIn.

    Media contact:

    Web Summit
    media@websummit.com

    Rebeccah Propp
    IBM
    Rebeccah.propp@ibm.com

     

       

LISBON, Portugal, Nov. 10, 2025 /PRNewswire/ -- IBM (NYSE: IBM) and Web Summit today unveiled a new global sports-tech competition proposal. The Sports Tech Startup Challenge will spotlight startups using AI to revolutionize sports — from athlete performance and stadium operations to fan engagement — with regional events planned for Qatar, Vancouver, and Rio, culminating with global winners being selected during Web Summit Lisbon 2026. Participation will be subject to local laws and official rules to be published before each regional competition.

As one of the world's fastest-growing industries, sports entities of all shapes and sizes are racing to better integrate AI, turning to enterprise-grade solutions to boost performance, unlock new revenue, and deliver smarter fan experiences. For more than three decades, IBM has been a trustworthy tech partner to iconic sports organizations including the Masters, Wimbledon, the US Open, Scuderia Ferrari HP, UFC and ESPN Fantasy Football. With the Sports Tech Startup Challenge, IBM will bring this unrivaled expertise to the sports tech startup community for the first time, accelerating innovation at the intersection of AI and sports.

"IBM has spent decades partnering with global sports icons, integrating our technology to redefine how the game is played, watched, and experienced," said Emily Fontaine, Global Head of Venture Capital at IBM. "With the IBM & Web Summit Sports AI Startup Challenge, we'll fuse that legacy with the ingenuity of some of world's best startups, to spark the next era of sports innovation — and write a new playbook for AI-driven growth across the industry."

The IBM & Web Summit Sports Tech Startup Challenge is expected to unfold over a 12-month cycle, including mini-regional competitions where startups will pitch enterprise-grade AI solutions for the sports and entertainment industry. Pitches will be judged by a slate of industry leaders, including IBM leaders, sports and tech executives, and world class athletes. Regional winners will be showcased live on stage at Lisbon Web Summit 2026 and conclude with the winner selection. Winners may be eligible for the following from IBM: a paid proof of concept valued at up to $100,000 in collaboration with IBM Sports and Entertainment Partnership Team, mentorship from IBM's world-class experts in tech, innovation, and business development and evaluation for venture funding.

"As one of our long-standing partners, we're delighted to enter this new phase with IBM," said Kevin McDonald, Chief Commercial Officer, Web Summit. "We have helped showcase startups over the years which have went on to become some of the world's biggest companies, such as Revolut, Stripe and Whoop. This partnership highlights the rapid growth of AI in sports tech, fusing the biggest growth sector in tech with the sports that captivate billions worldwide. We look forward to discovering the next big success story together with IBM over the coming 12 months."

How to Apply
Startups interested in participating in the IBM & Web Summit Sports Tech Startup Challenge will be able to obtain additional information through the dedicated Web Summit Startups portal. Details, including eligibility, deadlines, and selection criteria will be announced on the portal closer to each regional pitch event.

Applicants may begin the process by going to the IBM & Web Summit Sports Tech Startup Challenge portal: https://websummit.com/ibm-ai-startup-challenge/

IBM as Web Summit's Official 2026 AI Partner
IBM is the Official AI Partner across all Web Summit 2026 conferences in Qatar, Vancouver, Rio de Janeiro and Lisbon and will host a series of on floor activations and curated content programs focused on AI and quantum for businesses.

About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.

About Web Summit
Web Summit is a global technology events company that brings together founders, entrepreneurs, business leaders, and investors to connect and exchange ideas about the technologies and trends shaping the world. Since 2009, Web Summit's portfolio - including Web Summit in Lisbon, Web Summit Rio in South America, Web Summit Vancouver in North America, and Web Summit Qatar in the Middle East, and RISE in Asia - has attracted nearly one million participants. Its newest event, Web Summit Vancouver, launched in May 2025. To learn more, visit websummit.com and follow Web Summit on LinkedIn.

Media contact:

Web Summit
media@websummit.com

Rebeccah Propp
IBM
Rebeccah.propp@ibm.com

 

   

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

IBM and Web Summit to Launch Sports Tech Startup Challenge to Fuel Next Wave of Innovation in Sports

IBM and Web Summit to Launch Sports Tech Startup Challenge to Fuel Next Wave of Innovation in Sports

IBM and Web Summit to Launch Sports Tech Startup Challenge to Fuel Next Wave of Innovation in Sports

IBM and Web Summit to Launch Sports Tech Startup Challenge to Fuel Next Wave of Innovation in Sports

QINGDAO, China, May 8, 2026 /PRNewswire/ -- Hisense, a leading brand in global consumer electronics and home appliances, today unveils the XR10, a premium laser projector designed to deliver true cinematic immersion at home. XR10 combines powerful performance with refined design, bringing a big-screen experience into everyday life—whether for movies, gaming, or shared family moments.

With 6,000 ANSI lumens, XR10 ensures bright, vivid visuals even in well-lit spaces, so users can enjoy clear, lifelike images from morning news to late-night movies—no need to dim the room. Its industry-widest 0.84–2.0:1 optical zoom and 4K Lossless lens shift (±130% vertical, ±46% horizontal) make setup effortless, projecting perfectly aligned images up to 300 inches, turning any wall into a truly cinematic canvas that adapts naturally to different room layouts.

An advanced Iris Lens boosts viewing contrast up to 60,000:1, automatically adapting to each scene—revealing subtle details in shadow and adding depth and intensity to every highlight, so stories feel more immersive and emotionally engaging, whether you're watching a blockbuster or a quiet drama.

The experience is further elevated with sound co-engineered with Devialet | Opéra de Paris, creating rich, room-filling audio that brings viewers closer to the action. Powered by Auto Magic AI Adjusting 3.0, along with QuadCam and ToF Smart Sense, XR10 intelligently optimizes picture quality and alignment in real time, enabling a truly effortless, plug-and-play experience. An advanced liquid cooling system ensures stable, consistent performance, even during extended viewing sessions, maintaining brightness and image quality over time.

Building on its broader display innovation strategy, Hisense continues to expand large-screen solutions across both home cinema and living room environments. With XR10, Hisense brings cinema closer, more immersive, and seamlessly integrated into everyday life, transforming how people experience content at home.

About Hisense

Hisense, founded in 1969, is a globally recognized leader in home appliances and consumer electronics with operations in over 160 countries, specializing in delivering high-quality multimedia products, home appliances, and intelligent IT solutions. According to Omdia, Hisense ranks No. 1 globally in the 100-inch and over TV segment (2023-2025). As The Origin of RGB MiniLED, Hisense continues to lead the next-generation RGB MiniLED innovation. As the official sponsor of the FIFA World Cup 2026TM, Hisense is committed to global sports partnerships as a way to connect with audiences worldwide.

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Hisense Unveils XR10: The Apex of Projector, Bringing Cinema Into Every Home

Hisense Unveils XR10: The Apex of Projector, Bringing Cinema Into Every Home

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