Close Menu
  • Home
  • Business News
    • Entrepreneurship
  • Investments
  • Markets
  • Opinion
  • Politics
  • Startups
    • Stock Market
  • Trending
    • Technology
  • Online Jobs

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Tech Entrepreneurship: Eliminating waste and eliminating scarcity

July 17, 2024

AI for Entrepreneurs and Small Business Owners

July 17, 2024

Young Entrepreneurs Succeed in Timor-Leste Business Plan Competition

July 17, 2024
Facebook X (Twitter) Instagram
  • Home
  • Business News
    • Entrepreneurship
  • Investments
  • Markets
  • Opinion
  • Politics
  • Startups
    • Stock Market
  • Trending
    • Technology
  • Online Jobs
Facebook X (Twitter) Instagram Pinterest
Prosper planet pulse
  • Home
  • Privacy Policy
  • About us
    • Advertise with Us
  • AFFILIATE DISCLOSURE
  • Contact
  • DMCA Policy
  • Our Authors
  • Terms of Use
  • Shop
Prosper planet pulse
Home»Startups»AWS program funds proof-of-concept efforts of four climate startups
Startups

AWS program funds proof-of-concept efforts of four climate startups

prosperplanetpulse.comBy prosperplanetpulse.comApril 30, 2024No Comments3 Mins Read0 Views
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email


kathryn van nuys

Amazon Web Services

For climate startups focused on cutting-edge science and in need of expensive, high-performance computing power, just creating a proof of concept (POC) can go a long way. That’s where the new Amazon Web Services (AWS) Climate Fellowship comes in. A joint initiative with UNESCO, it provides funding to entrepreneurs working in areas such as clean energy, low-carbon transport, carbon removal, and sustainable agriculture and food.

The company recently selected four startups to be part of its first group. They are currently in the midst of a 2-3 month effort to create a POC, leveraging his AWS technology and expertise in quantum computing, high performance computing, artificial intelligence, machine learning, and generative AI. “Programs like this are a big part of our strategy to help us identify startups that are using the cloud to solve complex problems,” she said, global head of startup specialization at AWS. said Katherine Van Nuys. Harness the cloud as a force for positive change. ”

Specifically, AWS granted each startup credits to pay for usage of cloud and other services (total costs of approximately $1 million).

4 startups

Realta Fusion is one such startup. Founded in 2022, the Madison, Wis., company is developing a compact magnetic mirror fusion energy system to decarbonize industrial heat and power. It focuses on developing a first-of-its-kind plasma stability simulation. Plasma stability is a key requirement for fusion power plants, and there are typically only a few supercomputers in the world capable of processing such simulations. His CEO at Realta, Cary Forest, said the company has access to only two of his properties in the U.S. and has a one-year waiting list.

Cary Forest

realta fusion

Using the AWS cloud and other resources, Realta now has access to a set of interconnected CPUs and GPUs that can quickly communicate with each other, allowing it to perform critical high-performance parallel computations. This will dramatically speed up your work. “When you’re just starting out, speed is very important,” Forest says.

For AWS, this could also increase the interest of new types of customers. “Being able to do this kind of work in the cloud means other people can do it as well, without the need for specialized supercomputers,” Van Nuys says.

Other startups include:

coastal carbon. The Canada-based company’s AI-driven measurement platform uses satellite imagery to build models to track and measure underwater vegetation growth and carbon sequestration. Their POC will train a satellite-independent Earth and ocean fundamental model that can identify and quantify ocean blue carbon. “If successful, he could easily increase ocean surveillance and data collection capabilities by up to 1,000 times,” Van Nuys says. Previously, that work was done manually by divers.

phytoform. The UK-based company uses biotechnology, AI and agriculture to develop crop genetics that create more climate-resilient plants. His POC focuses on improving the accuracy of plant genetics insights platforms and evolving new crop traits that can create more climate-resilient plants.

The Toms. This water treatment startup uses AI and quantum computing to discover molecules that can purify contaminated water. The aim is to develop an AI algorithm that can analyze large amounts of chemical data and subsequently perform simulations of water purification molecules.

Applications for the new cohort are being accepted now through May 17 and will be considered for POC support in 2024.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
prosperplanetpulse.com
  • Website

Related Posts

Startups

Cryptocurrency: Asian and African startups surpass US in market share!

July 14, 2024
Startups

Nitin Kamath’s vision to create more startup entrepreneurs in small towns in India

July 14, 2024
Startups

Small Japanese startup makes “Her” AI dating a reality

July 14, 2024
Startups

22 Indian startups secure over $116 million in funding this week

July 14, 2024
Startups

Small businesses are coming back – and it’s finally time

July 14, 2024
Startups

Scaling smart: How startups balance speed and quality in product iterations for growth – SME News

July 14, 2024
Add A Comment
Leave A Reply Cancel Reply

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Editor's Picks

The rule of law is more important than feelings about Trump | Opinion

July 15, 2024

OPINION | Biden needs to follow through on promise to help Tulsa victims

July 15, 2024

Opinion | Why China is off-limits to me now

July 15, 2024

Opinion | Fast food chains’ value menu wars benefit consumers

July 15, 2024
Latest Posts

ATLANTIC-ACM Announces 2024 U.S. Business Connectivity Service Provider Excellence Awards

July 10, 2024

Costco’s hourly workers will get a pay raise. Read the CEO memo.

July 10, 2024

Why a Rockland restaurant closed after 48 years

July 10, 2024

Stay Connected

Twitter Linkedin-in Instagram Facebook-f Youtube

Subscribe