AWS Launches Global Accelerator for Generative AI Startups

Amazon is launching a 10-week program to boost generative AI startups globally, with ten startups receiving $300,000 in AWS credits. Meanwhile, Dozer, a startup that helps developers build real-time data apps, has raised $3m in funding. Redpoint Ventures' market update report shows that middle-stage startups still look expensive, while spiraling costs are killing the mobile gaming space. Twitter has been in the news, with Elon Musk's Twitter activity and Virgin Orbit's bankruptcy filing. TikTok has been banned on official devices in Australia and fined $15.7m in the UK for misusing children's data.