Amazon Web Service offers free credits for startups to use major AI models

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In a move to attract startup customers, Amazon now allows its cloud credits to cover the use of models from other providers including Anthropic, Meta, Mistral AI and Cohere

Amazon 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.now allows its cloud credits to cover the use of models from other providers including Anthropic, Meta, Mistral AI, and Cohere.

The move followed Amazon’s now-completed $4-billion investment in Anthropic in convertible notes. As part of the deal, Anthropic will use AWS as its primary cloud provider, and Trainium and Inferentia chips to build and train its models. “That’s part of the ecosystem building. We are unapologetic about that,” he said, adding that AWS offers a wide range of choices and security to startups.In a partnership with Y Combinator, it’s offering $500,000 in credits for the latest cohort launched in January, which can be used on AI models and Amazon’s chips. The cost of using AI, based on usage, could pile up for startups.

 

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