Amazon invests $100 million in artificial intelligence to compete with Microsoft and Google

Amazon’s cloud unit, known as AWS, announced yesterday that it will invest $100 million in generative artificial intelligence to help companies that use this technology. In recent months, generative artificial intelligence technology has made a lot of noise with the introduction of the ChatGPT chatbot by OpenAI, and most companies are looking to use it in their products.

Although this investment is a small amount for a company like Amazon, which has billions of revenue per year, it shows that Amazon’s cloud unit has realized the importance of productive artificial intelligence and has started working to keep up with competitors like Microsoft and Google.

Amazon has said that AWS is working with companies like Highspot, Twilio, RyanAir and Lonely Planet, adding new engineers and scientists to its new AI project.

Currently, companies such as Microsoft and Google have invested heavily in generative artificial intelligence and are rapidly offering a variety of artificial intelligence tools to customers and businesses. While Amazon does not yet have any major language model to support an AI chatbot.

In any case, we have to wait to see what plans this company has in mind.

Source: CNBC