Amazon CEO Details Company's AI Strategy in Shareholder Letter, Highlighting Custom Chips and New Apps
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Amazon CEO Andy Jassy outlined the company's approach to AI development in his letter to shareholders, focusing on providing "primitive" building blocks for internal and external developers.
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Jassy touted Amazon's custom AI training and inference chips, Trainium and Inferentia, as more cost-effective options for foundation model developers.
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He explained Amazon's AI stack has 3 layers foundation models, services to leverage and customize them, and end-user applications across consumer businesses.
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Jassy highlighted new AI-powered apps like the Rufus shopping assistant, Alexa, advertising tools, and Amazon Q, an AI coding assistant on AWS.
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He said AWS' AI services at all layers will empower builders to transform customer experiences and usher in the next phase of AI.