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Microsoft pulls program that gave a generous Azure boost to AI startups
3 Articles
3 Articles
Microsoft Ends $150K AI Startup Credits, Unveils New Model
Microsoft has made a significant shift in its approach to supporting AI startups, recently discontinuing a popular program that offered up to $150,000 in Azure credits to early-stage companies. This initiative, which had been a cornerstone of Microsoft’s strategy to nurture innovation in the AI sector, has been shelved in favor of a new framework that aims to balance corporate support with investor involvement. According to a memo dated June 27,…
Microsoft has cancelled its free Azure cloud computing plan for startups, and has changed it to require investor recommendations or a limited time limit of US$5,000. Applicants who have already applied can still use the original quota, and the new policy will take effect in July.
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