On Recent Thursday’s Earning Calls, Andy Jassy, CEO of Amazon took the opportunity to declare that every team related and working for Amazon is indulged in the use of Generative AI, he thoroughly invested on the point that how Amazon is taking a pivot shift in investing huge in artificial intelligence.
“Every single one” of Amazon’s businesses has “multiple generative AI initiatives going right now,” Amazon CEO Andy Jassy said on the company’s Q2 2023 earnings call on Thursday. The company offers infrastructure and services via AWS that can help power many generative artificial intelligence applications, which Jassy did discuss on the call, but he also stressed just how important AI is across the company as a whole.
- Generative AI, a branch of artificial intelligence that involves machines creating content, has been gaining traction in recent years. It holds the promise of transforming various industries, from creative arts to data analysis and beyond. By harnessing the power of generative models, AI systems can autonomously produce text, images, and even entire virtual worlds.
Amazon, known for its dominance in e-commerce, cloud computing, and smart devices, has been making significant strides in AI research and development. From its voice-activated virtual assistant, Alexa, to its use of machine learning algorithms in product recommendations, the company has shown a keen interest in integrating AI into its services.
Here below follows the descriptive take of Jassy on Generative AI initiatives:
They range from things that help us be more cost-effective and streamlined in how we run operations and various businesses, to the absolute heart of every customer experience in which we offer. It’s true in our Stores business, it’s true in our AWS business, it’s true in our advertising business, it’s true in all our devices — and you can just imagine what we’re working on with respect to Alexa there — it’s true in our entertainment businesses… every single one. It is going to be at the heart of what we do. It’s a significant investment and focus for us.