Tag: Amazon

Legendary investor Warren Buffett has made an incredible $156 billion bet on two AI stocks - Apple and Amazon. Backed by his mentor's The Intelligent Investor, Buffett has taken a smart bet on the leading companies in AI technology. Apple is focusing on AI services and devices, while Amazon has Bedrock for quickly scaling AI with pre-trained FMs. With these giants setting the trend, investors have a great opportunity to benefit from the advances of AI.

OpenAI, a leading AI provider, has made an announcement to stop using customer data to train its large-language models. CEO Sam Altman elaborated on their decision, which will benefit OpenAI's API customers including Microsoft, Salesforce, and Snapchat. The shift also affects chatbot use, and raises concerns over creative content protection. Read on to find out more.

Amazon upgrades Alexa voice assistant to make it smarter with advanced features powered by OpenAI's ChatGPT. Get ready for an enhanced experience as Alexa can now think instead of simply retrieving information, making better recommendations and providing more personalized, accurate and proactive answers. A new slate of revenue opportunities await!

. Amazon, the leading e-commerce company, recently reported their quarterly earnings. CEO Andy Jassy announced that Alexa will become the world's best personal assistant by developing more advanced large language models (LLMs). Furthermore, Amazon is looking to add ChatGPT-like technology to Alexa for making it more conversational and proactive. The LLM model (Alexa Teacher Model) is said to be more generalised and robust. This system is meant to provide media recommendations, news stories, and storytelling with independent intelligence. Google, Microsoft, and Open AI are also working on language models, thus, Amazon plans to differentiate its system with better use of Alexa information. Jassy's involvement in the project will likely erease its success.

Investing in AI tech is a clever way to reap long-term gains without taking on the risks of stock market trading. Firms like Amazon and Microsoft have been investing heavily in AI, with consequent returns of over 700%. Amazon has used AI to optimize its supply chain, increase AWS services and support its Alexa assistant. Microsoft has also benefited from its OpenAI text generator, reworking Bing and Edge to provide improved user experiences. Both companies have potential for growth, but the outcome isn't certain. Invest cautiously!