Becker's Healthcare October 30, 2023
Amazon is leaning into generative AI with several new projects and partnerships. The results are more impressive than the executive team expected.
“We have been surprised at the pace of growth in generative AI,” said Brian Olsavsky, CFO of Amazon during the company’s third quarter earnings call, as transcribed by The Motley Fool. “Our generative AI business is growing very, very quickly…and by any measure, it’s a pretty significant business for us already. And yet, I would also say that companies are still in the relatively early stages.”
Amazon categorizes generative AI into three macro layers, and is investing heavily in each. The lowest layer is compute to train large language models that can make predictions; the second layer is...
Today's Sponsors
Today's Sponsor