Dr. Rohini Srivathsa’s Post

🚀 Exciting news for AI startups! Microsoft for Startups is extending Azure AI infrastructure access to more organizations, including AI Grant Fund and Open AI Startup Fund. Through Founders Hub, early-stage startups receive free access to generative AI models, up to $150,000 in Azure credits, and expert mentorship. Accelerate your AI journey with us! #AI #microsoftforstartups #indiastartups

📢 Calling up startups! Microsoft Expands Free Azure AI Infrastructure Access and up to $150k in Azure AI Credits!🎉 By providing tailored GPU virtual machine clusters, startups can leverage advanced computing capabilities without the financial burden, empowering them to develop and scale AI solutions more quickly and efficiently. What is Founders Hub, and how do they help? ✅ Microsoft for Startups Founders Hub assists founders in accelerating startup growth. ✅ Free access to generative AI models, up to $150K in Azure credits for Azure AI Studio, and expert guidance. ✅ Whether you have a concept or just an idea, sign up for instant access to tech, tools, and resources. Prototype, build, and launch your solution. You can sign up today: https://lnkd.in/gwcWjxs8 🔗 Learn more: https://aka.ms/gpu4st #startups #azure #microsoft #ai #gpu #foundershub #generativeai #LLM #azureAI Allison

🚀 Exciting News for AI Startups! 🚀 Amazon Web Services (AWS) announced a $230 million commitment to support generative AI startups. This is a massive opportunity for innovation and growth in the AI space. At Technology Rivers, we specialize in AI and healthcare software development, working closely with startups to bring their visions to life. Our expertise in creating cutting-edge solutions aligns perfectly with this new initiative from AWS. If you are a startup looking to harness the power of AI and tap into this incredible support from AWS, let’s connect! We can help you navigate this opportunity and turn your ideas into impactful realities. #AI #Healthcare #TechStartups #AWS #GenerativeAI #Innovation #TechNews #TechnologyRivers Read more about the AWS announcement here: https://lnkd.in/eFMg2tjJ

🚀 Exciting News for Generative AI Startups! 🚀 #AWS is taking a giant leap forward in accelerating the next wave of generative AI innovation! With a commitment of $230 million, we are empowering startups globally to create groundbreaking AI applications. Key Highlights: - $230M Investment: To fuel the creation of generative AI applications. - AWS Generative AI Accelerator: In partnership with #NVIDIA, this 10-week hybrid program will support 80 startups with up to $1M in AWS Promotional Credits each. - Comprehensive AI Stack: From infrastructure to advanced AI tools like #AmazonSageMaker, #AmazonBedrock, and #AmazonQ, AWS provides the most robust ecosystem for AI development. Join the revolution and redefine what's possible with generative AI. Apply for the AWS Generative AI Accelerator now and be part of the future! Read more about our initiatives and how we're supporting startups here: https://lnkd.in/gMfjTsb8 #GenerativeAI #AWSStartups #NVIDIA

Since day one, AWS has empowered startups to bring their innovative ideas to life by democratizing access to the technology used by some of the world's largest enterprises, including Amazon. Each year since 2020, we've provided nearly $1 billion in AWS Promotional Credits to startups. It's no surprise that 80% of the world's unicorns run on AWS. I've had the privilege of witnessing the growth of companies like Netflix, Wiz, and Airtasker during my time at AWS. I'm excited about the rapid adoption of generative AI by startups and how it's spawning a new generation of companies. A staggering 96% of AI/ML unicorns run on AWS. Today, we announced a $230 million commitment to accelerate generative AI startups globally. Alongside this investment, we're launching the second-annual AWS Generative AI Accelerator in partnership with NVIDIA, expanding to support 80 startups worldwide. Selected participants will receive up to $1 million in AWS Promotional Credits and access to technical mentorship, go-to-market support, and a network of experts from AWS, NVIDIA, Meta, and more. The future of generative AI is here, and AWS is thrilled to support startups in harnessing this transformative technology. Apply now and join the revolution! #AWS #Startups #GenerativeAI #Innovation https://lnkd.in/ddVyZxEi Swami Sivasubramanian Amazon Web Services (AWS)

Amazon Web Services (AWS) is committing $230MM to support generative AI startups by providing them with AWS credits, mentorship, and education, and expanding the AWS Generative AI Accelerator to +80 startups globally with >$1MM in credits for top companies. Our research report from earlier this year found that barriers such as education, skills gaps, and financial burdens are preventing businesses from fully using AI, wasting the real benefits that could be provided to industries, economies, and societies. With this commitment, it is great to see that we are playing our part in helping startups build, launch, and scale groundbreaking AI solutions. ⚡ #GenerativeAI #StartUps #Growth

🚀 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

Amazon is committing up to $230 million to support startups developing generative AI-powered applications. Here’s how this investment breaks down: 🔹 AWS Generative AI Accelerator Program: $80 million will fund the second round of this program, providing compute credits for AWS infrastructure, making AWS an attractive choice for startups in the generative AI space. 🔹 Partnership with NVIDIA: Startups in the accelerator program will gain access to Nvidia’s experts and technology. They’ll also join the Nvidia Inception program, which connects them with potential investors and additional consulting resources. 🔹 Increased Support: This year’s cohort will receive significantly more support than last year, with a substantial increase in AWS compute credits. According to Matt Wood, VP of AI products at AWS, this initiative aims to help startups launch and scale world-class businesses, enabling them to create new AI applications that will transform how the world learns, connects, and does business. This investment is part of Amazon’s broader strategy to catch up with tech giants in the generative AI sector. The company’s efforts include the $100 million AWS Generative AI Innovation Center and various initiatives providing free credits for startups using major AI models. By positioning itself as a leading supporter of generative AI innovation, Amazon aims to drive the development of groundbreaking AI applications and services, despite facing challenges and competition in the rapidly evolving AI landscape. ___________________ At AI Catalyst, we’re committed to keeping you informed about the latest advancements in AI technology. Follow for more updates on how these innovations can transform your workflow and increase productivity. #Amazon #AI #GenerativeAI #Startups #AWS #TechInnovation #AI #ArtificialIntelligence

ummary: A French startup, FlexAI, has raised €28.5 million in seed funding to create a cloud service for AI training. The company aims to simplify the complex process of accessing and managing computational resources for AI development. Key takeaways: FlexAI's founders have impressive backgrounds in engineering and AI development. The company's goal is to make AI compute infrastructure as easy to use as general purpose cloud services. FlexAI's cloud service will allow developers to access virtual heterogeneous compute across multiple architectures on a usage basis. Counter arguments: Some may argue that there are already existing AI compute solutions in the market, such as AWS, Google Cloud, and Microsoft Azure. There may be concerns about data privacy and security when using a cloud service for AI development. ummary: A French startup, FlexAI, has raised €28.5 million in seed funding to create a cloud service for AI training. The company aims to simplify the complex process of accessing and managing computational resources for AI development. Key takeaways: FlexAI's founders have impressive backgrounds in engineering and AI development. The company's goal is to make AI compute infrastructure as easy to use as general purpose cloud services. FlexAI's cloud service will allow developers to access virtual heterogeneous compute across multiple architectures on a usage basis. Counter arguments: Some may argue that there are already existing AI compute solutions in the market, such as AWS, Google Cloud, and Microsoft Azure. There may be concerns about data privacy and security when using a cloud service for AI development. #venturecapital #vc #venture

AWS Announces $230 Million Commitment for Generative AI Startups Funds will help the next generation of startups turbocharge development of new generative AI applications and bring innovations to market faster AWS Generative AI Accelerator program will add another 80 early-stage startups from around the world that are using generative AI to solve complex challenges SEATTLE--(BUSINESS WIRE)-- Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced a $230 million commitment for startups around the world to accelerate the creation of generative AI applications. This will provide startups, especially early-stage companies, with AWS credits, mentorship, and education to further their use of artificial intelligence (AI) and machine learning (ML) technologies. Part of the new commitment will fund the second cohort of the AWS Generative AI Accelerator, a program that provides hands-on expertise and up to $1 million in credits to each of the top 80 early-stage startups that are using generative AI to solve complex challenges. Applications for the AWS Generative AI Accelerator open today and will be accepted until July 19. “For more than 18 years, AWS has helped more startups to build, launch, and scale their business than any other cloud provider—it’s no coincidence that 96% of all AI/ML unicorns run on AWS,” said Matt Wood, vice president, Artificial Intelligence Products at AWS. "With this new effort, we will help startups launch and scale world-class businesses, providing the building blocks they need to unleash new AI applications that will impact all facets of how the world learns, connects, and does business.” AWS Generative AI Accelerator continues to launch successful startups The AWS Generative AI Accelerator identifies top early-stage startups that are using generative AI to solve complex challenges in areas such as financial services, healthcare and life sciences, media and entertainment, business, and climate change, among others. Participants will access sessions on ML performance enhancement, stack optimization, and go-to-market strategies. The 10-week program will match participants with both business and technical mentors based on industry vertical. Startups will receive up to $1 million each in AWS credits to help them build, train, test, and launch their generative AI solutions. They will also have access to industry experts, technology, and technical sessions from NVIDIA, the program’s presenting partner, and be invited to join the NVIDIA Inception program, designed to nurture cutting-edge startups. #startup #Ai #amazon #generativeideas #growth