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Thursday, July 23, 2020

Amazon Met With Startups About Investing, Then Launched Competing Products - The Wall Street Journal

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When Amazon.com Inc.’s venture-capital fund invested in DefinedCrowd Corp., it gained access to the technology startup’s finances and other confidential information.

Nearly four years later, in April, Amazon’s cloud-computing unit launched an artificial-intelligence product that does almost exactly what DefinedCrowd does, said DefinedCrowd founder and Chief Executive Daniela Braga.

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July 23, 2020 at 11:08PM
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Amazon Met With Startups About Investing, Then Launched Competing Products - The Wall Street Journal

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