AWS selects 7 Indian startups for its global Generative AI Accelerator Programme
By MYBRANDBOOK
Amazon Web Services (AWS) has announced that seven generative AI startups from India have been selected for its AWS Global Generative Artificial Intelligence Accelerator Programme.
The selected Indian companies are among the 80 companies that AWS selected from around the world for innovative use of AI. India also has the highest number of startups selected from a country in the Asia-Pacific and Japan region for the programme.
The selected companies are Convrse, House of Models, Neural Garage, Orbo.ai, Phot.ai, Unscript AI, and Zocket, for their innovative use of AI and their global growth ambitions.
The Indian cohort also represents the highest number of startups selected from a country in the Asia-Pacific region for the AWS Global Generative AI Accelerator program.
“At AWS, our $230 million commitment and global expansion of the generative AI accelerator reflects our continued focus on supporting startups to develop, build and scale their unique ideas using generative AI,” said Amitabh Nagpal, Head, Startup Business Development, AWS India.
The selected companies will present their solutions on a global platform at AWS’ premier annual event, re:Invent, in Las Vegas.
In June, AWS launched a $230 million fund aimed at speeding up the development of applications globally. The AWS Generative AI Accelerator program offers startups, particularly early-stage companies, AWS credits, mentorship, and educational resources to enhance their adoption of AI and machine learning technologies.
The AWS Generative AI Accelerator offers early-stage startups, AWS credits, mentorship, and education to enhance their use of AI and machine learning. The startups that are selected receive access to AWS’s compute, storage, and database technologies, along with AWS Trainium and AWS Inferentia2, which are high-performance, cost-effective AI chips.
The credits can also be used with Amazon SageMaker, a service that helps build and train foundation models, and Amazon Bedrock, which provides tools for creating generative AI applications securely and easily.
The 10-week program matches participants with both business and technical mentors based on their industry, and chosen startups will receive up to $1 million each in AWS credits to help them build, train, test, and launch their generative AI solutions. Participants will also have access to technology and technical sessions from program presenting partner NVIDIA, a pioneer in accelerated computing.
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