AWS commits $230m to AI start-ups to drive genAI innovation: Here's why

'With this new effort, we will help start-ups launch and scale world-class businesses, providing the building blocks they need to unleash new AI applications that will impact all facets of how the world learns, connects, and does business,’ says AWS’ Matt Wood

Mark Haranas
clock • 3 min read
AWS commits $230m to AI start-ups to drive genAI innovation: Here's why

Amazon Web Services, the world's largest cloud provider, is investing $230m into AI start-ups that are seeking to take generative AI applications to the next level. The $100bn cloud giant is off...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
GenAI affecting IT spending across all sectors as Gartner forecasts 7.5 per cent growth

Research

IT spending is projected to reach over $5tr in 2024 according to the research institute

clock 17 July 2024 • 2 min read
ELKO Group on market challenges and how it's standing out from the crowd

Distributor

European distributor chats to CRN about its M&A strategy and expectations for H2

clock 10 July 2024 • 4 min read
'The market is a bit flat and needs an energy boost' - CMS Distribution CEO Frank Salmon

Distributor

Salmon talks the potential monetisation of AI, market challenges, and revenue drivers

clock 04 July 2024 • 4 min read
Mark Haranas
Author spotlight

Mark Haranas

Mark Haranas is an assistant news editor and longtime journalist now covering cloud, multicloud, software, SaaS and channel partners at CRN.

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Vendor

These vendors made major updates to their channel programmes in H1

These vendors made major updates to their channel programmes in H1

From ESG to services and AI, the first half of the year saw a raft of vendors use improved margins, tiering and certifications to improve the way they work with partners

clock 23 July 2024 • 3 min read
SAP announces restructuring to impact 10,000 employees in 2025

SAP announces restructuring to impact 10,000 employees in 2025

The vendor outlined the cuts alongside announcing strong Q2 performance

Andrea Gaini
clock 23 July 2024 • 2 min read
Google's $23bn Wiz bid fizzles

Google's $23bn Wiz bid fizzles

Startup cites antitrust and investor concerns

John Leonard
clock 23 July 2024 • 1 min read