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Amazon CEO Andy Jassy touts AI push in shareholder letter

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Amazon CEO Andy Jassy touted the company's AI development and shed light on how it crafts AI products and services in his annual letter to Amazon shareholders.

Amazon CEO Andy Jassy outlined the e-commerce giant's approach to artificial intelligence development in his annual letter to shareholders released Thursday. Jassy wrote that Amazon aims to "empower builders, inside and outside of our company," with its approach to developing products and services for customers. He went on to characterize builders as "people who like to invent" and go through the process of iterative improvements to enhance an existing tool or experience.

AWS LAUNCHES PROGRAM TO BOOST AI AND TECH COMPETENCY FOR SMALL AND MEDIUM BUSINESSES He noted that, last fall, leading FM maker Anthropic announced it would use Trainium and Inferentia chips to build, train and deploy those models and that those chips are now into their second version with improved cost and performance.

 

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