Tag: GenAI
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AWS to invest $230 million in Generative AI startups
Amazon Web Services, Inc. (AWS) has announced to invest a $230 million in startups worldwide to accelerate the creation of generative AI applications. This will provide startups, especially early-stage companies, with AWS credits, mentorship, and education to further their use of artificial intelligence (AI) and machine learning (ML) technologies. Part of the new commitment will […]
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Retailers turn to GenAI to boost online sales: Forrester
Forrester has released a new forecast indicating that global online retail sales are set to rise dramatically, from $4.4 trillion in 2023 to $6.8 trillion by 2028, growing at a compound annual growth rate (CAGR) of 8.9%. As e-commerce continues its rapid expansion, retailers are increasingly investing in generative AI ( GenAI ) technologies to […]
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