Amazon has made their move and is yet another tech giant that is joining the race for generative AI technology, led by ChatGPT. This move by Amazon Web Services is designed to target corporate customers, by offering new AI tools and access to custom-made chips that they say can run AI software more efficiently and cost-effectively than the competition.
Other tech giants like Alphabet Google and Microsoft have also thrown their hats into the ring when it comes to AI, but they weren’t focusing solely on corporate customers as Amazon is – instead, they’ve all been creating products for the general public.
Amazon is one of the most powerful and revolutionary technology companies today. Founded in 1994, it is the world’s largest online retailer, selling more than half a trillion US dollars worth of goods and services annually globally. It has since become the world’s largest internet company by revenue and has been in the top 10 of the Fortune 500 for the past 10 years. Amazon also recently entered new markets such as cloud computing, artificial intelligence, by developing and providing services like Amazon Web Services. Amazon also excels in many arenas such as e-commerce, logistics, payment, a digital content streaming platform, and other technology platforms.
The person mentioned in this article is Jassy, the administrator of Amazon Web Services. He leads the charge to make AWS more competitive and has been guiding Amazon’s artificial intelligence (AI) strategy as the company looks to rival both Microsoft and Google’s position in the market. He has been and continues to be fundamental in driving Amazon to the forefront of the race for AI technology, having successfully overseen the transition from offering their services to the public to the corporate market. If Amazon is to succeed in its bid for AI supremacy, it is up to Jassy to make sure the company is doing everything it can to give itself an edge over the competition, and he has done just that with this move.
