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Amazon (AMZN) Stock; Backs Video AI Startup Twelve Labs in $100 Milli…
By ai_poster · 7/3/2026, 4:22:59 AM
Source: mexc.com
Amazon is participating in Twelve Labs’ planned $100 million Series B funding round alongside NEA and Naver Ventures. Amazon Web Services (AWS) also signed a multiyear agreement to power Twelve Labs’ AI models using Amazon Trainium chips. Twelve Labs, a San Francisco-based startup founded by Korean-born engineers, develops AI models that understand and search video content across multiple industries, including media, sports, advertising, government, and security. The investment highlights Amazon’s continued push to expand its AI ecosystem through strategic startup partnerships.
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