Amazon is set to boost ten generative AI startups around the world as part of its efforts to promote innovation in the field of artificial intelligence. The tech giant is looking for startups that can demonstrate a unique approach to AI, and have the potential to create new applications and products that can benefit customers.
The ten startups will receive a range of benefits, including access to Amazon’s cloud computing platform, AWS, as well as mentorship and guidance from Amazon’s AI experts. The program will also provide the startups with funding to help them develop their technologies and bring their products to market.
Amazon Making Impact
“We’re excited to work with these innovative startups and help them bring their ideas to life,” said Swami Sivasubramanian, VP of AI at Amazon. “We believe that AI has the potential to transform industries and improve people’s lives, and we’re committed to supporting the next generation of AI innovators.”
The ten startups will be selected from a pool of applicants from around the world. Amazon is looking for startups that are working on a wide range of applications, including natural language processing, computer vision, robotics, and more.
This is not the first time Amazon has shown interest in supporting AI startups. The company has previously invested in several AI startups, including Graphiq, Petnet, and DefinedCrowd.
The move comes as competition in the AI space heats up, with tech giants like Google, Microsoft, and Facebook all vying for a piece of the lucrative market. With its vast resources and expertise in cloud computing and AI, Amazon is well-positioned to support and promote the development of AI startups around the world.
Conclusion
Overall, the program is a positive step towards promoting innovation and supporting startups in the field of AI, and it will be interesting to see which startups are chosen to participate in the program and how they will use the support they receive to develop new and innovative AI applications.
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