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Amazon says it ll spend $230 million on generative AI startups

Amazon says that it will commit up to $230 million to startups building generative AI-powered applications. The investment, roughly $80 million of which will fund Amazon's second AWS Generative AI Accelerator program, aims to position AWS as an attractive cloud infrastructure choice for startups developing generative AI models to power their products, apps and services. Much of the new tranche including the entire portion set aside for the accelerator program comes in the form of compute credits for AWS infrastructure, meaning that it can't be transferred to other cloud service providers like Google Cloud and Microsoft Azure.

EVOLVE 2024 Welcomes AWS Leader to Discuss the Transformative Power of Generative AI

AUSTIN, Texas, May 21, 2024 Asure , a leading provider of cloud-based Human Capital Management software solutions, is pleased to announce that Vidya Sagar Ravipati, Applied Science Manager at.

EVOLVE 2024 Welcomes AWS Leader to Discuss the

Amazon Stock May Be The Cheapest Mega Cap Right Now (NASDAQ:AMZN)

Amazon Stock May Be The Cheapest Mega Cap Right Now (NASDAQ:AMZN)
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