AWS is committed to helping startups take advantage of generative AI and is offering $500,000 in free credits to use on AI models.
AWS offers a number of third-party AI models on the Bedrock platform, including Anthropic, Stability AI, Mistral AI, and more. The company previously offered his $6 billion ($100,000 worth of free credits each) to AWS Activate partner startups to help them “experiment on the AWS Cloud with little or no upfront cost.” Did.
Building on its success, AWS is increasing the amount of credits to $500,000 per startup and making the credits redeemable for third-party models.
“With nearly every startup rapidly becoming an AI startup, our partnership with AWS could not be more important to the companies in our program,” said Michael Seibel, Group Partner at Y Combinator. states. “AWS has been a long-time partner and tireless advocate for founders, helping them access the hands-on support and tools they need to build products and services that people around the world use and love.”
The company describes its packaging standards as follows:
For the latest Y Combinator cohort (January 2024), AWS is offering special We have put together a bonus package. This includes $500,000 in AWS credits that can be used for:
- AWS Trainium is a purpose-built chip for training deep learning models that can save you up to 50% in training costs compared to comparable Amazon Elastic Compute Cloud (Amazon EC2) instances.
- AWS Inferentia is a chip designed to help models generate inferences faster and at a lower cost, delivering up to 40% better price performance.
- Reserved capacity for up to 512 NVIDIA H100 GPUs via Amazon EC2 via capacity blocks for machine learning. This significantly increases GPU availability, ensuring startups have reliable, predictable, and uninterrupted access to the GPU computing capacity they need for critical machine learning (ML) projects. . ;
- And now third-party FM on Amazon Bedrock.
According to AWS, 80% of Y Combinator-funded companies operate on AWS, and the company wants to ensure that the next generation of AI-powered startups continue to rely on AWS. It’s obvious that you’re thinking about it.
