Business

Amazon to invest $230 million in generative AI startups globally 

Tech giant, Amazon Web Service (AWS) has announced a $230 million fund for startups globally to accelerate the creation of generative AI applications. 


The company disclosed this on Thursday via a statement on its website.


According to AWS, the fund would provide startups, especially early-stage companies, with AWS credits, mentorship, and education to further their use of artificial intelligence (AI) and machine learning (ML) technologies.