AWS commits €215.2M to turbocharge GenAI startups globally: Know more
Summary
Amazon Web Services (AWS), an Amazon.com, Inc. company, has announced a $230M (nearly €215.23M) commitment to support startups globally in developing generative AI applications. The firm will support early-stage startups by offering AWS credits, mentorship, and education to further their use of artificial intelligence (AI) and machine learning (ML) technologies. Each startup can receive up to $1M in AWS credits for building, testing, and launching their AI solutions, along with mentorship from both business and technical experts tailored to their industry. With over 240 fully featured services spanning compute, storage, databases, AI and machine learning, IoT, security, and more, AWS operates from 105 Availability Zones across 33 geographic regions. It serves millions of customers, from startups to large enterprises and government agencies, empowering them to enhance agility, reduce costs, and innovate with robust infrastructure solutions.