AWS picks biotech startup for AI accelerator program

Ordaōs Selected to Participate in the AWS Generative AI Accelerator

You can be new to AWS and still enhance your already-built startup in our program. AWS Startup Solutions Architects will teach you everything you need to know about how to leverage cloud-based tools and services. To get the most out of the program, you should have plans to build a product with a cloud-native architecture on AWS. Founders are asked to share details about their founding team, company and traction, program goals, and technology. In support of this application, you’ll also be asked to submit a link to a pitch deck.

  • They can also be designed to minimize immunogenicity, and they are more easily manufactured.
  • This cutting-edge AI can augment human productivity and creativity by churning out designs, ideas, and solutions that were previously inconceivable.
  • It will also consider machine learning startups who are already using cloud technology or plan to.
  • Because visual effects are so expensive and time-consuming, films with more modest resources struggle to implement high-quality visual effects to bring forth their vision.

At the same time, it’s not subtle about the potential for increased business at AWS. Runway used the cloud computing platform for an artist-oriented AI that contributed effects to Everything Everywhere All At Once. Firms that blossom as a result of the program may rely that much more on AWS as demand grows. Accepted startups will receive up to $300,000 in AWS credits to help build their companies. Applications are open for the next two weeks and 10 startups will be chosen, the company says. The tech giant uses AWS services to build natural language generation capabilities with Fox Corporation, the media conglomerate, for example.

Dallas Innovates, every day.

AWS has already started to work with some enterprises under its separate innovation program, which was introduced in April. However, the challenge an organization working with one of the providers might face is how to effectively use the tech giants’ technology and expertise. The recent ransomware attack on MGM Resorts occurred via a breach in the Okta platform.

The program is open to companies around the world, with no limitations around use case. Runway’s text-guided generative diffusion models are unlocking powerful new multimodal creation and editing solutions for artists, Wright said. With Runway, the tasks of composition, stylization, inpainting, motion tracking, and other processes are made easier and quicker for creators and allows them to focus on more idea concepts and deliver faster iterations. Wright said that generative AI has multiple uses to enhance everything from the film industry to healthcare.

Business Technology

At the event, the participating startups will demonstrate their products to members of the press, investors and customers. Program participants will also gain access to other industry events in the generative AI ecosystem. The Yakov Livshits is open to all startups from around the world, but the companies already building their tech on AWS will receive the most benefit from the program. The AWS Generative AI Accelerator is a technical and business mentorship program focused on providing founders of early-stage startups using generative AI to solve complex problems with access to training, mentorship, tools, and resources to turbocharge their cloud-native businesses.

aws generative ai accelerator

For the startups selected to participate, the program will kick off the same day. The is set to run for 10 weeks starting from the May 25 opening event through July 27. “AWS Accelerator offers a compelling program for founders building in the Generative AI space, and I look forward to meeting the cohort when they’re announced,” said Sonya Huang, Partner at Sequoia Capital. With Runway, the difficult tasks of composition, stylization, inpainting, motion tracking, and other processes are made easier and quicker for creators, allowing them to focus on more idea concepts and to deliver faster iterations.

The technology was created out of a collaboration between Runway, AWS, and Nvidia. “With so much activity and opportunity today in the world of AI-driven startups, it is a great time for AWS to launch this Generative AI Accelerator. I am looking forward to seeing which companies are selected for the program and how AWS will partner with them to turbocharge their growth,” said Rob Toews, Partner at Radical Ventures. «We are thrilled to join the select group of innovative companies invited to the AWS Generative AI Accelerator program as we all seek to leverage the power and promise of AI to advance discovery and innovation across industries,» said David Longo, CEO of Ordaōs.

Yakov Livshits
Founder of the DevEducation project
A prolific businessman and investor, and the founder of several large companies in Israel, the USA and the UAE, Yakov’s corporation comprises over 2,000 employees all over the world. He graduated from the University of Oxford in the UK and Technion in Israel, before moving on to study complex systems science at NECSI in the USA. Yakov has a Masters in Software Development.

Infrared Laboratories, Inc., a Tucson-based optics and cryogenics company, is pleased to announce it has adopted its common nickname, IRLabs, as its new company name. This name change is representative of the company’s positioning for future growth with new leadership, new branding and a n… Median pre-money valuations for early-stage rounds of generative AI companies have increased by 16% so far this year compared to last year, according to PitchBook.

While some of the start-ups have a niche focus, a few have broader enterprise connections, including Protopia AI, which is working on software to enable users to extract ML data insights without exposing sensitive information in identifiable form. Wand AI has an end-to-end platform in development that connects data from multiple sources to pipelines, builds AI solutions and scales up to support additional data and solutions. Clearly, corporations are in an arms race to bring artificial intelligence into their fold, whether its through direct integrations, in-house product development, or, in this case, exposure through other investments and startups. Just last month, Salesforce launched a new $250 million investment fund targeted at generative AI startups. They will also be given the chance to interact with one another as well as industry leaders in networking events, which will also see them meet investors and potential customers.

«The AWS Generative AI Accelerator is designed to act as catalyst, helping some of the most promising companies in this space to take their ideas off the ground,» the company said in an April 4 blog post. In addition, the cloud giant promises that selected startups will receive up to $300,000 in AWS credits to build their products and services on AWS’s tech stack, as well as dedicated business and technical mentors matched based on industry vertical, market, and stage. “With a program tailored to meet the needs of generative AI startups, the AWS Generative AI Accelerator will provide access to impactful AI models and tools, customized go-to-market strategies, machine learning stack optimization, and more”, according to the announcement. Selected startups will also have access to networking opportunities with “industry luminaries”,” as well as potential investors and customers. Wright said that the selected startups will receive up to $300,000 in AWS credits to build their products and services on AWS’ tech stack, as well as dedicated business and technical mentors matched based on industry vertical, market, and stage.

They can also be designed to minimize immunogenicity, and they are more easily manufactured. The AWS Generative AI Accelerator program will help fuel Ordaōs’ efforts to enhance its technological capabilities, while also exploring new collaborations with organizations working to positively impact human health. Stack AI is a no-code tool to quickly design, test and deploy AI workflows with models, like ChatGPT. It could eventually be deployed to build chatbots, answer questions on databases, generate content and process documents. AWS says its selection of fintech startups will be chosen from across North America, Europe, the Middle East, Africa and LatAm. Applications are open for the next two weeks and 10 startups will be chosen, according to the company.

aws generative ai accelerator

Ideally, you’ll have an MVP already developed and your eyes set on Seed-stage funding, with plans to raise in the next 18 months,” states AWS. Although the program is open to all generative AI startups, AWS recommends that candidates have a basic product ready and some interest from customers. Sign-ups are available worldwide through April Yakov Livshits 17th, and there are no limits on how the AI is being used. The letter reflects increasing complaints about big-money industry players co-opting former research-based efforts and taking things too far, too fast, as LLMs that back products like the revolutionary ChatGPT have recently made a series of tremendous technological strides.

Here at AWS, we believe the startup community will be the driving force moving these innovations forward. The AWS Generative AI Accelerator is designed to act as catalyst, helping some of the most promising companies in this space to take their ideas off the ground. With a program tailored to meet the needs of generative AI startups, the AWS Generative AI Accelerator will provide access to impactful AI models and tools, customized go-to-market strategies, machine learning stack optimization, and more. Selected startups will also have access to networking opportunities with industry luminaries, potential investors, and customers. In addition, the selected startups will receive up to $300,000 in AWS credits to build their products and services on our tech stack, as well as dedicated business and technical mentors matched based on industry vertical, market, and stage.

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Each startup will also be provided with mentors who have expertise in their given field to help with both the technical and business sides of their enterprise. Other sessions will focus on improving machine learning performance, stack optimization, and go-to-market strategies. In terms of funding, the startups can receive up to $300,000 in AWS credits to build their products within AWS, using the cloud service’s AI and Machine Learning (ML) tools to do so.

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Imagine a world where you can generate your own unique fashion designs or generate your own personalized music playlist that fits your mood perfectly. With Generative AI, the possibilities are limitless, and the only limit is your imagination. Register for the Council’s upcoming Phoenix and Tucson tech events and Optics Valley optics + photonics events.

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