Meta Platforms Inc. (NASDAQ:META) and Amazon Web Services are launching a $6 million initiative to attract 30 U.S. startups to build AI applications using Meta’s open-source Llama model, positioning the partnership as a strategic counter to OpenAI‘s closed-source dominance.
What Happened: The program offers each selected startup $200,000 in AWS cloud computing credits and six months of technical support from both companies’ engineers. AWS Vice President Jon Jones told CNN the initiative aims to “empower founders to build transformative AI using Llama models,” with applications opening this summer.
