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Benzinga
  • 2 years ago
Amazon Web Services is doubling the value of credits some startups can use on its cloud products. Startups that have raised a Series A round of funding in the past year will be eligible. AWS remains the leader in cloud infrastructure, but Microsoft Azure and Google Cloud are growing more quickly and benefiting from rapidly advancing AI models. AWS hopes to attract more startups, especially in AI, by offering more credits since startups could become large customers.
Transcript
00:00It's Benzinga, and here's what's on the block.
00:02Amazon Web Services is doubling the value of credits that some startups can use on its cloud products.
00:08Startups that have raised a Series A round of funding in the past year will be eligible.
00:13AWS remains the leader in cloud infrastructure, but Microsoft Azure and Google Cloud are growing more quickly
00:19and benefiting from rapidly advancing AI models.
00:22AWS hopes to attract more startups, especially in AI, by offering more credits since startups could become large customers.
00:28For all things money, visit Benzinga.com.
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