Amazon Ventures $100 Million To Assist Customers Build Generative AI Solutions

CIOTechOutlook Team | Friday, 23 June 2023, 06:19 IST

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To assist clients in creating and implementing generative artificial intelligence solutions, Amazon Web Services is investing $100 million in a generative AI innovation center.
 
The program will link clients all over the world with AWS AI and machine learning professionals to assist them in conceptualizing, designing, and launching new generative AI products, services, and processes.
 
"The Generative AI Innovation Centre is part of our goal to help every organisation leverage AI by providing flexible and cost-effective generative AI services for the enterprise, alongside our team of generative AI experts to take advantage of all this new technology has to offer," said Matt Garman, senior vice president of sales, marketing and global services at AWS.
 
The team at the AI innovation center, which consists of strategists, data scientists, engineers, and solution architects, will collaborate closely with clients to develop customized solutions that make use of generative AI.
 
As per the corporation, customers will collaborate closely with generative AI specialists from AWS and the AWS Partner Network to choose the best models, establish strategies for overcoming technical or business obstacles, create proofs of concepts, and plan the large-scale rollout of solutions.
 
The Innovation Center is working with Highspot, Lonely Planet, RyanAir, and Twilio to investigate creating generative AI solutions.
 
"We look forward to seeing the impact of the Generative AI Innovation Center and its mission to nurture new ideas and capabilities in the AI space," said Kathryn Murphy, senior vice president of product management at Twilio.
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