Amazon has announced an AI accelerator led by Amazon Web Services. The focus is on the biggest buzzword right now: generative artificial intelligence. AWS has created a 10-week program for generative AI startups around the world. The startup accelerator from Amazon aims to attract companies building generative AI technologies with the aim to “empower companies applying generative AI to solutions from legal and marketing, to software engineering, green energy, and life sciences, including drug discovery.” The programme also provides up to $300,000 in AWS credits.
The accelerator appears to be a way for Amazon to draw early-stage startups into its cloud ecosystem. “To get the most out of the program, you should have plans to build a product with a cloud-native architecture on AWS,” reads the programme FAQ.
Why is AWS launching this accelerator
“AWS believes in supporting the entire Generative AI stack, from Foundational Model providers to consumer applications. We believe the startup ecosystem is a catalyst for innovation in AI and we’re thrilled to offer another avenue of support for the top Generative AI companies in the world,” reads the FAQ page.
Who can apply
The AWS Generative AI Accelerator is designed for seed and pre-seed Generative AI startups with a solution already built and underway. “We welcome founders leveraging cloud technologies or those who plan to. If you’ve got game-changing ambitions, we encourage you to apply,” says the ecommerce giant.
Who cannot apply
The Generative AI Accelerator is open to startups globally, excluding startups located in China, Cuba, Iran, North Korea, Russia or Syria.