AWS Invests $230 Million to Boost Global Generative AI Startups
Tech In Africa | Sylvia Duruson - Jun 22, 2024
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  • AWS announces a $230 million commitment to support startups in developing generative AI applications.
  • The investment will fund the second cohort of the AWS Generative AI Accelerator, providing expertise and credits to early-stage startups.
  • Startups can utilize AWS technologies, including compute, storage, and database services, as well as energy-efficient AI chips and development tools.
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The commitment by AWS to support startups in the generative AI space is a positive move that demonstrates their dedication to fostering innovation. By providing credits, mentorship, and access to AWS technologies, startups have the opportunity to accelerate their development and scale their businesses. The AWS Generative AI Accelerator program, along with the partnership with NVIDIA, further enhances the support available to startups in this field.
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