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Amazon Web Services (AWS) has announced a $230M commitment to support startups globally in developing generative AI applications. The program offers AWS credits, mentorship, and education to early-stage startups using AI and ML technologies. AWS will also allocate funding to the second cohort of the AWS Generative AI Accelerator program, providing guidance and grants to top startups. Startups can utilize AWS credits for access to various AWS solutions, including AI chips and machine learning models. Applications for the program are now open.