Amazon started the Alexa Fund in 2015 to back early-stage voice startups. With the advent of large language models and Amazon launching Gen AI-powered Alexa+ along with a family of multimodal AI models, the fund now wants to broaden its scope and invest more in AI startups.
In a blog post Amazon shared with TechCrunch ahead of publication, Alexa Fund leader Paul Bernard explained that the company now wants to invest in areas including AI-enabled hardware and smart agents.
“While…
Article Source
https://techcrunch.com/2025/03/26/amazon-alexa-fund-invests-into-four-new-startups-as-it-plans-to-invest-more-into-ai-solutions/
