When discussing generative AI, Andy Jassy, the CEO of Amazon, stated that the company has been working on a comparable project for a while.
Andy Jassy, CEO of Amazon, stated that the company is currently working on a project that is similar to Chat GPT when discussing the burgeoning generative AI market, the introduction of Chat GPT, and other AI tools.
“I find the potential of generative AI to be fascinating, and it’s evident in models like ChatGPT. Jassy stated in his interview with the Financial Times that the majority of huge, very technical companies, like ours, have been working on these extremely massive, generative AI models for a very long time.
CEO of Amazon, Andy Jassy, discussed Amazon has never published a product that is based on a generative AI process, despite the fact that the business continues to use AI in its products like Alexa and the CodeWhisperer, a code recommendation generator owned by Amazon.
Generative AI is a trained algorithm that makes use of a big body of data to produce something new, which is significantly different from conventional AI. This might now be straightforward text, music, codes, or films.
This fascinating news regarding Amazon’s involvement in the generative AI market introduces a new titan that will likely be producing generative AI solutions in competition with firms like Google and Microsoft.
According to generative AI, Amazon has been
Microsoft is “obviously in the lead and has acquired a lot of mindshare here,” according to Amazon investor “Matt McIlwain,” while discussing the competition in the generative AI sector. The investor went on to say that as the generative AI market develops, Amazon “has to have its strategic reaction.”
In an interview with the Financial Times, CEO Jassy stated that the company is currently trying to collaborate with smaller businesses that are engaged in the generative AI sector.