Forbes August 30, 2024
Kirimgeray Kirimli is President of Flatiron Software Co.
Despite being a relatively new term to the public, generative AI is rapidly gaining traction worldwide. A recent McKinsey survey shows that 65% of respondents reported their organizations regularly use generative AI, nearly double the figure from 10 months prior. While generative AI offers incredible opportunities, integrating it into existing systems requires extensive planning and can be complex.
To simplify this process, Amazon launched Bedrock in April 2023. This managed service allows developers to create their own generative AI applications by providing access to foundation models from Amazon and various AI startups.
Foundation models, which are large language models trained on vast amounts of data, form the backbone of new applications. Through...