Victory Square Partner Alex Chieng Wins World's Largest AI Hackathon - from Pet Tech to Times Square

Core Insights - Victory Square Technologies Inc. announced that Alex Chieng, CEO of Pawsible Ventures, won the world's largest AI hackathon hosted by Bolt.New, showcasing significant AI innovation [1][2] - The hackathon featured over 100,000 participants from more than 150 countries, highlighting the competitive landscape of AI development [2] - Chieng's project, Loafie, is an emotional support app designed to assist individuals facing burnout and stress, demonstrating rapid development and deployment capabilities [3][4] Company Overview - Victory Square Technologies operates as a venture builder, focusing on early-stage technology companies and providing them with necessary resources to grow [10] - The company has a diverse portfolio of over 25 innovative companies across various sectors, including digital health, AI, and blockchain [12] - Pawsible Ventures, backed by Victory Square, aims to innovate in the $300 billion global pet market by supporting startups in pet wellness and health-tech [5][9] Project Highlights - Loafie, the winning project, was developed in under two weeks and is now available on the App Store, with plans for digital billboard promotion in Times Square [3][8] - The app provides AI-powered encouragement, targeting the mental health needs of founders and high-performers [3][4] - Chieng's previous experience with Vetsie, a leading digital veterinary care platform, informs his current initiatives at Pawsible Ventures [4][5] Industry Context - The demand for innovative pet care solutions is at an all-time high, positioning Pawsible Ventures to lead in the pet wellness sector [9] - The Bolt hackathon serves as a significant platform for identifying and elevating promising AI products, backed by notable investors and industry leaders [2][6]