AWS Announces $230 Million Investment in Startups in the Field of Artificial Intelligence

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. (Nasdaq: AMZN) company, announced a $230 million investment commitment to startups around the world to accelerate the development of generative AI applications.

Amazon Web Services hopes to create unicorn startups through support activities

This commitment will provide startups, especially early-stage companies, with AWS credits, coaching services, and training to further their use of artificial intelligence (AI) and machine learning (ML) technologies.

Part of this new commitment includes providing companies participating in the second round of the AWS Generative AI Accelerator with practical expertise and up to $1 million in AWS credits to each of the top 80 early-stage startups using generative AI to solve complex problems.

“Over the past 18 years, AWS has helped more startups launch, launch, and scale their businesses than any other cloud provider,” said Matt Wood, vice president of generative AI products at AWS. “It’s no coincidence that 96% of AI/ML unicorns operate on AWS.

“Under this new commitment, we will help startups grow and scale into world-class businesses, providing them with what they need to create new AI applications that can impact every aspect of how the world learns, connects, and does business,” added Matt Wood.

Startups can use AWS credits to access AWS compute, storage, and database technologies, as well as AWS Trainium and AWSInferentia2, energy-efficient AI chips that deliver high performance at the lowest cost. These credits can also be used on Amazon SageMaker, a fully managed service that helps companies build and train their own platform (FM) models, as well as access models and tools to easily and securely develop generative AI applications through Amazon Bedrock…

BINH LAM

Source: https://www.sggp.org.vn/aws-cong-bo-dau-tu-230-trieu-usd-cho-cac-startups-trong-linh-vuc-ai-tao-sinh-post745317.html