{"id":800074,"date":"2023-04-05T11:27:35","date_gmt":"2023-04-05T11:27:35","guid":{"rendered":"https:\/\/telecomlive.in\/web\/2023\/04\/05\/amazon-enters-generative-ai-space-with-ai-startup-accelerator\/"},"modified":"2023-04-05T11:27:35","modified_gmt":"2023-04-05T11:27:35","slug":"amazon-enters-generative-ai-space-with-ai-startup-accelerator","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2023\/04\/05\/amazon-enters-generative-ai-space-with-ai-startup-accelerator\/","title":{"rendered":"Amazon enters generative AI space with AI startup accelerator"},"content":{"rendered":"<p>Amazon has now entered the growing generative artificial intelligence (AI) market, with launching an AI accelerator to help startups working in the field.<\/p>\n<p>The Amazon Web Services (AWS) &#8216;Generative AI Accelerator&#8217; is a global programme for 10 Generative AI startups that can demonstrate early-stage traction.<\/p>\n<p>Selected startups will get up to $300,000 in AWS credits to help build their AI services and solutions.<\/p>\n<p>Applications are open for the next two weeks and 10 startups will be chosen, according to the company.<\/p>\n<p>&#8220;Ideally, you&#8217;ll have a minimum viable product (MVP) already developed and your eyes set on seed-stage funding, with plans to raise in the next 18 months,&#8221; said Amazon.<\/p>\n<p>&#8220;We welcome machine learning startups with technical leads who are leveraging cloud technologies, or who plan to. If you have game-changing ambitions in the Generative AI space, we want to support you,&#8221; the company informed.<\/p>\n<p>The company has announced a kick-off event in-person in the San Francisco Bay Area in the US from May 24-25 and a Demo day on July 26-27 to showcase the progress of its AI accelerator.<\/p>\n<p>&#8220;Upon completion of the 10-week programme, you&#8217;ll pitch to the Generative AI community &#8212; including investors, press and customers &#8212; to raise awareness for your company,&#8221; said Amazon.<\/p>\n<p>The Generative AI market is currently led by Microsoft-owned OpenAI via ChatGPT and AI-powered Bing Search, with Google trying hard to disrupt the space with its AI service called Bard.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amazon has now entered the growing generative artificial intelligence (AI) market, with launching an AI accelerator to help startups working in the field. The Amazon Web Services (AWS) &#8216;Generative AI Accelerator&#8217; is a global programme for 10 Generative AI startups that can demonstrate early-stage traction. Selected startups will get up to $300,000 in AWS credits to help build their AI services and solutions. Applications are open for the next two weeks and 10 startups will be chosen, according to the company. &#8220;Ideally, you&#8217;ll have a minimum viable product (MVP) already developed and your eyes set on seed-stage funding, with plans [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-800074","post","type-post","status-publish","format-standard","hentry","category-it-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/800074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=800074"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/800074\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=800074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=800074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=800074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}