Amazon Web Services (AWS) is wanting to nurture a generative AI (genAI) ecosystem — with its cloud computing platform at the center.
It just announced plans to invest $100M to help companies make use of genAI and also recently launched a 10-week accelerator program focused on supporting generative AI startups.
The startups selected for its first cohort are aiming to solve challenges like healthcare burnout, illiteracy, and streamlining tedious employee tasks. Participating startups receive $300K in AWS credit to help develop and run their genAI models.
