Lorenzo Mari ᴹᴮᴬ’s Post

Amazon Web Services (AWS) has just announced a $230 million commitment to turbocharge the development of generative AI applications for startups worldwide! 🚀 This significant investment will provide early-stage companies with AWS credits, mentorship, and education, helping them leverage AI and machine learning to solve complex challenges and bring innovative solutions to market faster. The AWS Generative AI Accelerator program will welcome 80 new startups, offering them up to $1 million in credits, hands-on expertise, and access to industry leaders like NVIDIA. Participants will receive guidance on ML performance, stack optimization, and go-to-market strategies, empowering them to scale their businesses effectively. Key Highlights: 🔹 $230 million commitment to support startups globally 🔹 Up to $1 million in AWS credits for each of the top 80 early-stage startups 🔹 Applications open until July 19 🔹 Program kicks off on October 1 at Amazon's Seattle campus 🔹 Showcase solutions at re:Invent 2024 in Las Vegas. With AWS’s robust infrastructure and expert mentorship, startups will be well-equipped to make a lasting impact in various industries, from healthcare to climate change. Don’t miss this incredible opportunity! Apply now and join a thriving community of innovators transforming the future with generative AI. 👉 Source : https://lnkd.in/gnrmhS5U #AWS #GenerativeAI #Startups #Innovation #AI #MachineLearning #TechNews #CloudComputing #Entrepreneurship #AWSAccelerator

The firm will also select up to 120 early-stage startups working on generative AI applications in Asia Pacific and Japan for a four-week program. 🚀 Amazon Web Services (AWS) will invest $230 million in generative AI startups globally. ⚡ AWS will run a 10-week accelerator program for around 80 startup founders worldwide, including 20 from Asia-Pacific, providing up to $1 million in AWS credits and support. 🌐 A new 4-week "AWS Generative AI Spotlight" program will include up to 120 early-stage genAI startups in Asia Pacific and Japan, offering up to $100,000 in AWS credits. 🤝 The Generative AI Spotlight program will connect participants with investors, experts, and peers in the genAI space, partnering with VC firms and regional organizations. 💻 96% of all AI and machine learning unicorns run on AWS, according to the company's head of startups solutions architecture. 🌟 The initiatives aim to boost AWS's support for promising generative AI startups and applications worldwide.

Amazon Web Services (AWS) is doubling down on generative AI with a $230 million commitment to startups. This investment will empower the next generation of entrepreneurs to solve complex challenges and drive innovation. Learn more here: https://bit.ly/4efi3g5 Amazon Web Services (AWS) #startups #cloudinnovation #genai

🚀 Exciting news! Amazon Web Services (AWS) is dedicating $230 million to support generative AI startups, offering AWS credits, mentorship, and education. The AWS Generative AI Accelerator will grow by 80 startups globally, granting up to $1 million in credits for leading companies. Our recent research highlights barriers like education, skills gaps, and financial obstacles preventing businesses from harnessing AI's full potential. By fostering innovation through this initiative, we aim to empower startups to develop, launch, and expand groundbreaking AI solutions. ⚡ #Startups #GenerativeAI #MachineLearning https://lnkd.in/en57jSyV

The firm will also select up to 120 early-stage startups working on generative AI applications in Asia Pacific and Japan for a four-week program. 🚀 Amazon Web Services (AWS) will invest $230 million in generative AI startups globally. ⚡ AWS will run a 10-week accelerator program for around 80 startup founders worldwide, including 20 from Asia-Pacific, providing up to $1 million in AWS credits and support. 🌐 A new 4-week "AWS Generative AI Spotlight" program will include up to 120 early-stage genAI startups in Asia Pacific and Japan, offering up to $100,000 in AWS credits. 🤝 The Generative AI Spotlight program will connect participants with investors, experts, and peers in the genAI space, partnering with VC firms and regional organizations. 💻 96% of all AI and machine learning unicorns run on AWS, according to the company's head of startups solutions architecture. 🌟 The initiatives aim to boost AWS's support for promising generative AI startups and applications worldwide.

AWS Commits $230M to Generative AI Startups, Expands Accelerator Program The 10-week program will provide up to $1 million in cloud credits to 80 early-stage startups. Participants will get access to AWS infrastructure, including custom Trainium and Inferentia2 chips, and services like SageMaker and Bedrock. Startups will also receive mentorship from AWS experts and partners like Nvidia, covering machine learning performance, tech optimization, and go-to-market strategies. Matt Wood, AWS’ VP for AI products, highlights, "AWS has been instrumental in helping startups scale. With this new effort, we will provide the building blocks needed to unleash new AI applications that will impact how the world learns, connects, and does business." Closing date for applications is July 19! #AWS #AI #GenerativeAI #Startups #Innovation #TechAccelerator #CloudComputing #reInvent2024

#Amazon Commits $230 Million to Invest in Generative AI Startups 💸🤖 Amazon has announced a **$230 million** commitment to support startups building generative AI applications. The investment, made through Amazon Web Services (AWS), will provide funding, resources, and mentorship to early-stage companies, with a focus on accelerating the development and adoption of generative AI technologies. The tech giant aims to position its cloud infrastructure, AWS, as the go-to choice for early-stage companies developing AI models. Key Details of the Investment 📊 - **Total Commitment**: $230 million - **Primary Objective**: Support startups building generative AI applications - **Focus**: Accelerate development and adoption of generative AI technologies AWS Generative AI Accelerator Program 🚀 A significant portion of this investment, approximately **$80 million**, will fund the second cohort of the **AWS Generative AI Accelerator program**. This year, the program has quadrupled in size and will support **80 startups globally** with up to **$1 million in AWS credits** each. The selected startups will also gain access to industry experts and technology from Nvidia, the program's presenting partner. Benefits for Startups 🌟 - **AWS Credits**: Up to $1 million per startup - **Mentorship**: Access to industry experts - **Technology Access**: Collaboration with Nvidia - **Global Support**: Expansion to support 80 startups worldwide Strategic Goals 🎯 Amazon's commitment underscores its strategy to foster innovation in the AI sector and secure AWS as the preferred platform for developing and deploying advanced AI models. By investing in these startups, Amazon aims to enhance the capabilities of generative AI and drive forward its application across various industries. --- Stay updated with more news on AI investments and technological advancements from leading companies.

🚀 AWS Announces $230M Investment in Generative AI Startups! 🚀 Amazon Web Services (AWS) has unveiled a massive $230-million commitment to support generative AI startups globally. The initiative includes expanding the Generative AI Accelerator to aid 80 founders, including 20 from Asia-Pacific and Japan (APJ), with tailored technical and business programming. 🔍 Applications for the AWS Generative AI Accelerator are open until July 19, with the 10-week program starting on October 1. Selected startups will receive up to $1 million in AWS credits and mentorship from industry experts. 🌟 AWS has also launched the AWS Generative AI Spotlight program in APJ, a four-week accelerator for pre- and seed-stage startups. This program offers business and technical guidance, peer support, and up to $100,000 in AWS credits. Applications are open from June 13 to June 30, 2024, with selections announced in July 2024. Don’t miss this opportunity to scale your generative AI startup with AWS’s unparalleled resources and expertise. Apply now! #AWS, #GenerativeAI, #AIStartups, #Innovation, #TechNews, #AIAccelerator, #Startups, #TechInnovation, #AWSCredits, #CloudComputing, #MachineLearning, #AI, #TechFunding,

🚀 AWS Empowers Startups with Free AI Credits, Including Competitor Models! Amazon Web Services (AWS) has taken a bold step to support startup innovation. They are offering free credits for using AI models from Meta, Anthropic, and more. This initiative is part of AWS’s $4 billion investment in Anthropic. 🤖 Startups now have access to advanced AI, including models demonstrating “meta-awareness.” This opens up a diverse range of AI tools without hefty costs. 💡 Developing advanced AI can reach up to $100 million, according to OpenAI’s CEO. AWS’s move could revolutionize the startup landscape by lowering financial barriers and fostering growth in the AI sector. With similar incentives from Google and IBM, AWS differentiates itself. They are offering substantial credits to Y Combinator’s latest cohort. Let’s discuss how AWS’s program will shape the AI startup ecosystem! #AWS #Startups #ArtificialIntelligence #Innovation #CloudComputing #TechNews

A very exciting announcement today about the launch on the AWS GenAI Accelerator 2.0 — with up to $1M of AWS Credits and incredible visibility for the 80 companies selected! 🚀 A key component of a $230M commitment to supporting the next wave of generative AI startups worldwide. 🌍 Learn more: https://lnkd.in/dpkXj27r #AWS #GenerativeAI #Startups #Innovation #GenAI