- Amazon.Com, Inc (NASDAQ:AMZN) Amazon Web Services invited applications for ten Generative Artificial Intelligence startups from April 4-17.
- Cohort participants of the 10-week program will receive $200,000 in AWS Promotional Credits and may receive up to $100,000 in AWS Activate credits.
- AWS engineers and industry-leading technical experts will impart training to the selected candidates.
- Also Read: Elon Musk, Steve Wozniak, Pinterest Founder Sign Open Letter To Pause Trials Of AI ‘More Powerful’ Than GPT-4
- Upon completing the program, candidates can pitch to the Generative AI community, including investors, press, and customers.
- The kick-off event will occur between May 24 – 25 in the San Francisco Bay Area. AWS scheduled the demo day on July 26 – 27 in the exact location.
- The AWS Generative AI Accelerator focused on Generative AI startups that can demonstrate early-stage traction. Ideal candidates must have a Minimum Viable Product already developed set on Seed-stage funding, with plans to raise in the next 18 months. AWS welcomed machine learning startups with technical leads leveraging cloud technologies.
- This year, OpenAI grabbed eyeballs courtesy of its chatbot ChatGPT, proficient at answering questions and writing essays and poems, and image generator Dall-E 2, which turns language prompts into novel images. Generative AI describes algorithms like ChatGPT to create new content, including audio, code, images, text, simulations, and videos.
- Microsoft Corp (NASDAQ:MSFT) recently won laurels for integrating ChatGPT into Bing with further plans for integrating AI-powered products across its portfolio.
- Price Action: AMZN shares traded higher by 0.70% at $103.13 on the last check Tuesday.
BMO Capital Downgrades Green Plains to Market Perform, Lowers Price Target to $31
BMO Capital analyst Kenneth Zaslow downgrades Green Plains (NASDAQ:GPRE) from Outperform to Market Perform and lowers the price target from $45 to $31.
