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.
Diese Geschichte stammt aus der December 16, 2023-Ausgabe von Techlife News.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der December 16, 2023-Ausgabe von Techlife News.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
AUSTRALIA PLANS TO TAX DIGITAL PLATFORMS THAT DON'T PAY FOR NEWS
The Australian government said it will tax large digital platforms and search engines unless they agree to share revenue with Australian news media organizations.
JAPAN'S NISSAN RESHUFFLES MANAGEMENT TO FIX ITS MONEY-LOSING BUSINESS
Embattled Japanese automaker Nissan has tapped Jeremie Papin, who was overseeing its U.S. operations, as its chief financial officer in a major management reshuffle billed as key to a turnaround.
EPA AWARDS $135 MILLION TO CALIFORNIA TO PHASE OUT BIG DIESEL TRUCKS
The Environmental Protection Agency is awarding $135 million in grants to fund 13 projects in California to help the state wean off fossil fuels and phase out big rigs that run on diesel.
NEARLY HALF OF US TEENS ARE ONLINE 'CONSTANTLY,' PEW REPORT FINDS
Nearly half of American teenagers say they are online “constantly” despite concerns about the effects of social media and smartphones on their mental health, according to a new report published by the Pew Research Center.
OPENAI'S LEGAL BATTLE WITH ELON MUSK REVEALS INTERNAL TURMOIL OVER AVOIDING AI 'DICTATORSHIP'
A 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and prevent an artificial intelligence “dictatorship” is now heading to a federal judge as Musk seeks to halt the ChatGPT maker’s ongoing shift into a for-profit company.
TECH TIP: HOW TO PROTECT YOUR COMMUNICATIONS THROUGH ENCRYPTION
After a sprawling hacking campaign exposed the communications of an unknown number of Americans, U.S. cybersecurity officials are advising people to use encryption in their communications.
TRUMP HOSTS APPLE CEO AT MAR-A-LAGO AS BIG TECH LEADERS CONTINUE OUTREACH TO PRESIDENT-ELECT
Donald Trump hosted Apple CEO Tim Cook for a Friday evening dinner at the president-elect's Mar-a-Lago resort, according to a person familiar with the matter who was not authorized to comment publicly.
MUSK SAYS US IS DEMANDING HE PAY PENALTY OVER DISCLOSURES OF HIS TWITTER STOCK PURCHASES
Elon Musk says the Securities and Exchange Commission wants him to pay a penalty or face charges involving what he disclosed or failed to disclose - about his purchases of Twitter stock before he bought the social media platform in 2022.
ELON MUSK WANTS TO TURN SPACEX'S STARBASE SITE INTO A TEXAS CITY
SpaceX is launching a new mission: making its Starbase site a new Texas city.
OPENAI RELEASES AI VIDEO GENERATOR SORA BUT LIMITS HOW IT DEPICTS PEOPLE
OpenAl has publicly released its new artificial intelligence video generator Sora but the company won't let most users depict people as it monitors for patterns of misuse.
