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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. ....

Matt Wood , Sharon Goldman , Howard Wright , Us Federal Trade Commission , Generative Ai Innovation Center , Google Cloud , Nvidia Inception , Project Olympus , Big Tech , Trade Commission ,

All the major legal battles Elon Musk and his companies are facing

Elon Musk and his companies, from Tesla to X, are embroiled in dozens of lawsuits on a variety of topics. Here s a rundown. ....

United States , New York , Walt Disney , Gina Carano , Elon Musk , Ben Brody , Rachel Graf , Sam Altman , Aviation Administration , Exchange Commission , California Civil Rights Department , Us Federal Trade Commission , National Labor Relations Board , Us Equal Employment Opportunity Commission , Us Supreme Court , Delaware Chancery Court , Justice Department , Civil Rights Department , Employment Opportunity , Delaware Chancery , Federal Aviation , California Jewish , Wall Street Journal , Trade Commission ,

U.S. mattress biz 'injured' by imports sold under 'fair value' from 8 countries

U.S. mattress biz 'injured' by imports sold under 'fair value' from 8 countries
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United States , Leggett Platt , Kolcraft Enterprises , International Brotherhood Of Teamsters , Corsicana Mattress Co , Services Workers International Union , Tempur Sealy International , Carpenter Co , Department Of Commerce , Us International Trade Commission , Trade Commission , Brooklyn Bedding , Future Foam , Serta Simmons Bedding , Tempur Sealy , United Steel , Allied Industrial , Services Workers International ,

FTC Chair Lina Khan says the agency is going after the 'mob bosses' in Big Tech

The U.S. Federal Trade Commission is focusing its efforts on going after the big guys in Big Tech, according to FTC Chair Lina Khan. ....

United States , New York , Lina Khan , Department Of Justice , Us Federal Trade Commission , New York Times , Trade Commission , Big Tech , Wall Street Journal ,

FTC Chair Lina Khan shares how the agency is looking at AI

With dozens of antitrust cases and close to a hundred on the consumer protection side, the agency is now turning to innovative tactics to help it fight fraud, particularly in the AI space. ....

United States , Lina Khan , Scarlett Johansson , Techcrunch Strictly , Us Federal Trade Commission , Trade Commission ,