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SHARE Data is at the core of today’s digital revolution, but its refinement processes have become points of differentiation for enterprises. As companies convert raw data into actionable insights, artificial intelligence signals a burgeoning ecosystem of management models. It’s a startup haven of sorts, with cloud native newcomers attributing success to the scalability of modern computing. The current wave of AI startup investment has received $16.5 billion in capital over the three months of the fourth quarter 2020, according to financial analysis from PitchBook Data Inc. The boom is continuing, with the latest figures from International Data Corp. showing a 16.4% year over year growth for the overall AI and machine learning market in 2021, with the AI software platforms market coming in strongest at a predicted compound annual growth rate of 32.7% between 2020 and 2024. ....
help outline CLOUD Next-gen solutions in AI, security and life sciences featured at second AWS Startup Showcase on June 16 SHARE Any newborn has a better rate of survival when it is nurtured and supported. A baby bird that falls from the nest is probably doomed, but one protected and sustained will grow stronger until it can stretch its wings and fly. Like animals, tech start-ups are more likely to hit unicorn status if they are part of a supportive ecosystem. But unlike animals, tech startups must seek out their nurturing “home.” One ecosystem attracting today’s cloud native startups is Amazon Web Systems Inc., which holds over 50% of the infrastructure-as-a-service and platform-as-a-service market share. The idea is to encourage those innovations most impactful to its ecosystem, able to bridge gaps through collective efforts. ....