Amazon Web Services Boosts Credits for Startups Using Its Cloud Products, Aiming to Compete with Microsoft and Google

Benzinga 2024-07-01

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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.

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