Venture Capital: AWS And Accel Lend A Hand To Generative AI Startups In India

AWS and Accel jointly unveiled ML Elevate 2023, an accelerator program.

Amazon Web Services (AWS) and Accel have announced ML Elevate 2023, a six-week accelerator program to empower Indian startups building generative AI applications.

Selected startups will receive access to impactful AI models, technical and business mentorship, resources, and up to USD 200,000 in AWS Credits.

Eligible startups should have a Minimum Viable Product (MVP) and seek funding in the next 12-18 months. (AIM)

The program includes masterclasses with industry experts, and a Demo Week for fundraising opportunities.

According to Vaishali Kasture, Director of AWS India and South Asia at Amazon Web Services India Pvt. Ltd , Generative AI presents a unique chance to bring about revolutionary changes and transformations in businesses on a global scale; the main objective of ML Elevate is to provide support to generative AI startups in creating industry-specific solutions and fostering innovation to propel the digital economy forward.

Related Story:  Amazon Web Services Launches Enhanced Version Of AI-Enabled Tool For Doctors

Photo by Tim Gouw on Unsplash

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