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home / articles / XLY - Amazon Heats Up AI Battle Offers Free Credits For Startups To Use Rival Models With AWS | Benzinga


XLY - Amazon Heats Up AI Battle Offers Free Credits For Startups To Use Rival Models With AWS | Benzinga

Amazon.com, Inc.‘s (NASDAQ:AMZN) Amazon Web Service (AWS) has reportedly expanded its free credits program for startups.

Amazon will now allow its cloud credits to cover the use of models from other providers such as AnthropicMetaMistral AI, and Cohere, reported Reuters.

The move reflects the company’s aim to boost the market share of its AI platform, Bedrock.

Also ReadAmazon’s Massive Spending To Thwart Unionization Efforts: Over $3M Spent On ‘Persuaders’ In 2023

Howard Wright, vice president and global head of startups at AWS, said, “This is another gift that we’re making back to ...

Full story available on Benzinga.com

Stock Information

Company Name: SPDR Select Sector Fund - Consumer Discretionary
Stock Symbol: XLY
Market: NYSE

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