Selipsky, the CEO of the company's cloud computing unit AWS, has been behind the various generative AI offerings Amazon has rolled out over the past few months as it aims to compete with Microsoft and others in the growing AI arms race.
AWS is a leader in the cloud market and a deeply profitable business for Amazon. However, some of its growth has been slowing down the past few quarters, a problem attributed to customers cutting back on their spending due to challenges with the wider economy.
Simultaneously, the business has been at the forefront of Amazon's push into generative Al, which flooded the public consciousness last year with the release of OpenAl's popular chatbot ChatGPT. During a speech held late November at an AWS conference in Las Vegas, Selipsky unveiled the company's response (kind of) to ChatGPT - an AI assistant for businesses called Q.
Selipsky spoke about how companies are spending on cloud services, Amazon's investment in the artificial intelligence startup Anthropic and the future of generative Al. The conversation has been edited for length and clarity.
Q: COMPANIES HAVE BEEN CUTTING CLOUD SPENDING THIS YEAR. IS THAT STILL HAPPENING?
A: A lot of our customers over the past several quarters have been pursuing cost optimization. Since day one, we've said that AWS and the cloud are the place to do that. We've seen that a lot of customers have gotten far through that cost optimization. And we have other customers who are still in the middle of it. We're further through it, but it's not over yet.
We're also still seeing a lot of customers investing. The companies who are going to win are the ones who are investing now - in uncertain economic times - when some others are hesitating in their overall investments. And we're working with a lot of customers who are doing just that. We're also seeing tremendous interest in our generative AI offerings.
هذه القصة مأخوذة من طبعة December 16, 2023 من Techlife News.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 16, 2023 من Techlife News.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
EUROPE'S CYBERSECURITY CHIEF SAYS DISRUPTIVE ATTACKS HAVE DOUBLED IN 2024, SEES RUSSIA BEHIND MANY
Disruptive digital attacks, many linked to Russian-backed groups, have doubled in the European Union in recent months and are also targeting election-related services, according to the EU's top cybersecurity official.
T-MOBILE TO BUY ALMOST ALL OF U.S CELLULAR IN DEAL WORTH $4.4 BILLION WITH DEBT
T-Mobile is buying U.S. Cellular's wireless operations and certain spectrum assets in a deal valued at $4.4 billion, and further consolidating the industry.
JUDGE WEIGHS PROPOSED CHANGES TO GOOGLE'S ANDROID APP STORE TO PREVENT ANTICOMPETITIVE TACTICS
Google is tried to confront the latest in a succession of legal attacks on its digital empire as federal judge began to address anticompetitive practices in the app market for smartphones powered by its Android software.
THE 'MAD MAX' SAGA TREADS (HARD-TO-FIND) WATER WITH FRUSTRATING 'FURIOSA'
At the beginning of \"Furiosa: A Mad Max Saga,\" we are introduced to a kick-ass woman who rides a horse, then a motorbike, nails a few bad guys with sharpshooting finesse and fights off a mob. But it's not Furiosa — it's her mom.
NORTH KOREAN ROCKET CARRYING ITS 2ND SPY SATELLITE EXPLODES SHORTLY AFTER LAUNCH
A rocket launched by North Korea to deploy the country's second spy satellite exploded shortly after liftoff Monday, state media reported, in a setback for leader Kim Jong Un's hopes to operate multiple satellites to better monitor the U.S. and South Korea.
NOT A GYM RAT? HERE'S HOW TO GET STARTED ON AN OUTDOOR EXERCISE ROUTINE
Between the sweat smell, fluorescent lights and omnipresent television screens, April Herring has never connected with going to the gym.
ARM OFFERS NEW DESIGNS, SOFTWARE FOR AI ON SMARTPHONES
Arm Holdings this week unveiled new chip blueprints and software tools to help smartphones handle artificial intelligence tasks, along with changes to how it delivers those blueprints that could help speed their adoption.
NVIDIA'S STOCK MARKET VALUE IS NEARLY $3 TRILLION. HOW IT ROSE TO AI PROMINENCE, BY THE NUMBERS
Nvidia's stock price has more than doubled this year as of the close of trading this week, increasing the company's market value by more than $1.3 trillion. Those numbers are headed higher again this week after the company reported better-than-expected quarterly results.
OPENAI SIGNS CONTENT DEALS WITH THE ATLANTIC AND VOX MEDIA
Sam Altman-led OpenAl said this week it has signed content and product partnerships with The Atlantic and Vox Media, helping the artificial intelligence firm to boost and train its products.
TOP APPLE EXEC ACKNOWLEDGES SHORTCOMINGS IN EFFORT TO BRING COMPETITION IN IPHONE APP PAYMENTS
Longtime Apple executive Phil Schiller last week acknowledged a court-ordered makeover of the U.S. payment system in its iPhone app store hasn't done much to increase competition a shortcoming that could result in a federal judge demanding more changes.