A global initiative for 10 Generative AI businesses that can show early momentum is called the Amazon Web Services (AWS) “Generative AI Accelerator.” Selected startups will receive AWS credits of up to $300,000 to aid in the development of their AI services and solutions.
According to the company, applications are now available for the next two weeks, and 10 startups will be selected.
The ideal scenario, according to Amazon, is having a minimum viable product (MVP) already created and having your sights set on seed-stage funding with a timeline of 18 months.
“We warmly welcome machine learning startups with technical leads who are using or intend to use cloud technology. We wish to support you if you have game-changing goals in the field of generative artificial intelligence “the business informed.
To demonstrate the development of its AI accelerator, the business has scheduled a kick-off event in person for the San Francisco Bay Area in the US on May 24 and 25, as well as a Demo day on July 26 and 27.
You will pitch to the Generative AI community, which includes investors, the press, and customers, when the 10-week program is through, according to Amazon, in an effort to increase exposure of your business. The market for generative artificial intelligence (AI) is now dominated by Microsoft-owned OpenAI via ChatGPT and Bing Search powered by AI, despite Google’s best efforts to disrupt the market with its AI service, Bard.
