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Amazon (AMZN) Stock; Backs Video AI Startup Twelve Labs in $100 Million Funding Round

July 2, 2026 CryptoExpert

TLDRs; Amazon is participating in Twelve Labs’ planned $100 million Series B funding round alongside NEA and Naver Ventures. AWS also signed a multiyear agreement to power Twelve Labs’ AI models using Amazon Trainium chips. […]

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