The Vercel AI Accelerator has selected 40 startups and builders to participate in its program, which aims to support the development of innovative AI solutions. The participants include prominent builders and rising startups working on various impactful projects, such as cancer detection and academic research. Only 3% of over 1500 applications were accepted, demonstrating high standards for selection. Vercel's AI Accelerator is designed to help developers focus on creating value with their AI applications by providing a platform to build and deploy applications quickly and efficiently. The program offers exclusive perks and resources, including templates and guides, to support the growth of AI companies like Scale, Jasper, Perplexity, Runway, Lexica, and Jenni, which have launched with Next.js and Vercel over the past six months.