AXIOS July 10, 2024
Amazon Web Services announced updates across several of its AI products on Wednesday as it aims to outpace competitors.
Why it matters: AWS’ lead in cloud has been narrowing, and the company is betting that speedy development of AI products will make its cloud services more attractive to customers.
What they’re saying: “We’ve done over 320 generative AI major feature launches into general availability this year, and that’s more than twice than all of the other large cloud providers combined,” Matt Wood, AWS’ vice president of AI products, told Axios in an interview earlier this week.
- The vast majority of the launches — 90% — come directly from customers wanting to respond to fast-moving developments in the technology, he...
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