Business and economics

AWS unveils USD 230 mn commitment to support GenAI startups

Published on 15 Jun 2024

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AWS unveils USD 230 mn commitment to support GenAI startups
  • Amazon Web Services (AWS) has committed $230 million towards supporting generative AI startups worldwide. This initiative aims to foster innovation in artificial intelligence by providing substantial resources and opportunities for 80 selected startups.
  • AWS plans to kick off a 10-week program starting October 1, focusing on accelerating the growth of 80 startups, including 20 from the Asia-Pacific and Japan region. 
  • Participants will benefit from up to $1 million in AWS credits, along with access to skill-building sessions, mentorship, and networking avenues to propel their developments in generative AI.
Source: SarkariPariksha