Amazon wants investors to know it won’t be left behind in the latest Big Tech arms race over artificial intelligence. In a letter to shareholders Thursday, Amazon\n \n CEO Andy Jassy said the company is “investing heavily” in large language models and generative AI, the same technology that underpins ChatGPT and other similar AI chatbots.
“What they want to do is they want to work off of a foundational model that’s big and great already, and then have the ability to customize it for their own purposes,” Jassy told CNBC. With that in mind, Amazon on Thursday unveiled a new service called Bedrock. It essentially makes foundation models from AI21 Labs, Anthropic, Stability AI and Amazon accessible to clients via an API, Amazon said in a blog post. Jassy told CNBC he thinks Bedrock “will change the game for people.
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Amazon is ‘investing heavily’ in the technology behind ChatGPT Amazon wants investors to know it won’t be left behind in the latest Big Tech arms race over artificial intelligence. In the letter, Jassy also reflected on leading Amazon through “one of the harder macroeconomic…
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