Hello, tech enthusiasts! Get ready to dive into a thrilling development as Amazon’s Alexa Fund is shifting gears to invest more heavily in AI startups.

Inspired by the potential of large language models, the Fund, which started in 2015, aims to broaden its scope beyond just voice technology.

Paul Bernard, the leader of the Alexa Fund, detailed a renewed mission focused on AI-enabled hardware and smart agents.

As part of this strategy, four exciting new startups have caught the Fund’s attention:

• NinjaTech AI: An all-in-one AI solution that offers a chatbot with the ability to generate code, images, videos, and even schedule your meetings!
• Hedra: This AI media company is making waves by allowing users to create images, audio, and video content effortlessly.
• Ario: A family management app powered by AI, it simplifies scheduling and task management.
• HeyBoss: This innovative startup lets you create websites, apps, games, and more just by describing them!

Amazon is not just backing these startups; it’s also providing them with access to its cloud and AI tech, solidifying its role as a key player in the AI landscape.

As tech giants look to fund promising startups, Amazon’s Alexa Fund is indeed evolving at an exciting pace. Stay tuned for what’s next!