Jul 1, 2026 · 11:47 AM
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Twelve Labs raises $100 million as Amazon bets its Trainium chips on video AI
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Twelve Labs raises $100 million as Amazon bets its Trainium chips on video AI
Twelve Labs raised a $100 million Series B co-led by NEA and Naver, with Amazon among the backers, according to Bloomberg. The bigger news is buried in the fine print: AWS signed a multiyear deal to run the video AI startup's workloads on its Trainium chips, pulling a company Nvidia once backed early deeper into Amazon's custom silicon strategy.
Dave Barr
4 min read
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