Amazon pledges $230 million to boost generative AI startups
Amazon Web Services has announced a $230 million commitment aimed at accelerating the development of generative artificial intelligence applications by startups worldwide.
The initiative will provide early stage companies with AWS cloud computing credits, mentorship, and education to further their utilisation of AI and machine learning technologies, the company said. Participating startups will have access to AWS computing, storage, database, and custom AI chip offerings through the provided credits.
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Elon Musk withdrew his lawsuit against OpenAI, the maker of the online chatbot ChatGPT. The suit, filed in February, had accused the artificial intelligence startup and two of its founders, Sam Altman and Greg Brockman, of breaching OpenAI’s founding contract by
prioritizing commercial interests over the public good.
A multibillion-dollar partnership that OpenAI signed with Microsoft, Musk’s suit claimed, represented an abandonment of the company’s pledge to carefully develop AI and make the technology publicly available. Musk had argued that the founding contract said that the organisation should instead be focused on building artificial general intelligence, or AGI, a machine that can do anything the
