Amazon’s Entertainment Business Has Multiple Generative AI Initiatives Underway, CEO Says

technology to cut costs and create brand-new user experiences — saying every team in the company is working on multiple projects in the area, including in its entertainment business.

Generative AI refers to a type of artificial-intelligence technology that can create new text, images, videos or synthetic data based on massive data sets. Jassy said generative AI “is going to be at the heart of what we do. It’s a significant investment and focus for us.” Most people are familiar with generative AI at “the application layer,” Jassy said, specifically OpenAI’s ChatGPT chatbot. But the CEO said the technology has important applications in other key back-end areas, such as at the compute layer to train foundational models for generative AI applications. He cited Amazon CodeWhisperer, an AI-powered coding companion that recommends code to developers as they code.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crayon Company Crayola Draws Up Plans To Enter Entertainment BusinessThe success of 'Barbie' has seen toy company Mattel plot a new slate of movies based on its products. Another business you wouldn’t necessarily expect to make big move into the entertainment space is crayon company Crayola
Source: DEADLINE - 🏆 109. / 63 Read more »

DoorDash CEO talks earnings: We want to build the biggest business for the long runDoorDash CEO Tony Xu discussed his company's earnings with CNBC's Jim Cramer on Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »

Hopin: Virtual events startup sells main business, CEO to step downHopin, last valued at $7.8 billion, has sold its flagship virtual events business with founder set to step down as CEO
Source: BusinessInsider - 🏆 729. / 51 Read more »