Amazon now offers startups free credits to use AI


Amazon Web Services will now allow its free credits program startups to include the use of leading AI models from other providers, including Meta, Mistral AI and Cohere, in addition to its Bedrock AI platform, the company said Reuters Tuesday.

The move could attract more initial AI customers to the AWS platform and potentially minimize the cost those startups incur using AI. OpenAI CEO Sam Altman said in January that the development of the company's most advanced AI model received $100 million.

Amazon Web Services (AWS) CEO Adam Selipsky talks with Anthropic CEO and co-founder Dario Amodei in November 2023. Photo by Noah Berger/Getty Images for Amazon Web Services

OpenAI rival Anthropic had to spend half the revenue it generated in January paying cloud providers like Google and Amazon, according to information.

Connected: Amazon invests $4 billion in competitor ChatGPT, making bold move in AI arms race

Amazon completed its $4 billion investment in Anthropic last week, and covers Anthropic's AI models under its free credits program. Anthropic's latest AI model appeared to display “meta-awareness” in internal tests.

Amazon said it has provided startups with more than $6 billion in loans over the past 10 years. The company plans to offer half a million dollars in loans to startups in Y Combinator's last January batch, according to Reuters.

Amazon isn't the first company to offer free cloud loans to startups. Google is offering up to $350,000 in loans and IBM offers loans on a trial period.

Connected: An OpenAI rival developed a model that appears to have 'Metacognition', something that has never been seen publicly before



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