Amazon to Invest $230 Million in Generative AI Startups 1

Amazon to Invest $230 Million in Generative AI Startups, Accelerating Innovation in AI Technology

Amazon has announced a commitment of up to $230 million for startups that are developing generative AI-powered applications. A significant portion of this investment, around $80 million, will be allocated to Amazon’s second AWS Generative AI Accelerator program. The goal is to establish AWS as a preferred cloud infrastructure option for startups working on generative…

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