Amazon offers free credits for startups to use AI models including Anthropic

FILE PHOTO: A logo for Amazon Web Services is seen during the KubeCon + CloudNativeCon Europe hosted by the Cloud Native Computing Foundation in Paris, France, March 20, 2024. REUTERS/Benoit Tessier/File PhotoAmazon Web Service has expanded its free credits program for startups to cover the costs of using major AI models, the company told Reuters in an interview, as it looks to boost the market share of its AI platform Bedrock.

"This is another gift that we're making back to the startup ecosystem, in exchange for what we hope is startups continue to choose AWS as their first stop," said Howard Wright, vice president and global head of startups at AWS. Wright said Amazon's free credit will contribute to revenue of Anthropic, one of the most popular models on Bedrock.

Amazon is not alone among major cloud providers in providing free credits to lure AI startups. Microsoft Azure gives out credits that can be used for OpenAI's models, while Google's cloud credit can be applied for over 130 models on Vertex AI.

Source: News Formal (newsformal.com)

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