Amazon CEO Andy Jassy thinks companies should invest “aggressively” in AI now to reap the full financial rewards in the future. In his annual letter to Amazon shareholders published Thursday, Jassy said “substantial capital” is required to keep up with the pace of AI innovation and customer demand for AI products. He added that Amazon, […]
Amazon CEO Andy Jassy urges companies to invest heavily in AI Read More »
Amazon has upgraded its AI video model, Nova Reel, with the ability to generate videos up to two minutes in length. Nova Reel, announced in December 2024, was Amazon’s first foray into the generative video space. It competes with models from OpenAI, Google, and others in what’s fast becoming a crowded market. The latest Nova
Amazon says its AI video model can now generate minutes-long clips Read More »
Raj Aggarwal is leaving AWS after nearly three years as the company’s GM of generative AI and revenue acceleration, according to a LinkedIn post Aggarwal published Wednesday. “I’m proud of the pioneering work our team did in generative AI from its earliest days,” Aggarwal said in his post. “We built what might be the world’s
AWS generative AI exec leaves to launch startup Read More »
Amazon will not say if it plans to take action against three phone surveillance apps that are storing troves of individuals’ private phone data on Amazon’s cloud servers, despite TechCrunch notifying the tech giant weeks earlier that it was hosting the stolen phone data. Amazon told TechCrunch it was “following [its] process” after our February
Amazon is still hosting stalkerware victims’ data weeks after breach alert Read More »
Amazon has formed a new group within AWS dedicated to creating AI agents, systems that help people automate parts of their lives, Reuters reported on Tuesday. In an email to staff seen by Reuters, AWS CEO Matt Garman said agentic AI has the potential to be “the next multi-billion business for AWS.” A longtime AWS
Amazon reportedly forms a new agentic AI group Read More »
Amazon Web Services (AWS) has introduced Ocelot, its first quantum computing chip. The news brings it into line with its big cloud rivals Microsoft and Google, which have also unveiled their own quantum chips in recent months, respectively Majorana and Willow. The cloud computing giant has long been investing in the quantum computing space, starting
Amazon debuts Ocelot, its first quantum computing chip Read More »
Renewables notched another win as Amazon signed contracts to buy 476 megawatts of wind and solar on the Iberian Peninsula. The power purchase agreements with multinational utility Iberdrola should help Amazon feed new data centers it has planned in the region. Last May, the company said it would invest $17 billion in infrastructure projects, including
Amazon continues renewable energy spree with 476 MW purchase Read More »
Amazon bought renewable power at a rapid clip last year, adding around 100 new projects and bumping its portfolio to over 33 gigawatts of generating capacity. That’s over 10 gigawatts more than its nearest competitor, Apple. The additions made Amazon the largest corporate purchaser of renewable power, according to BloombergNEF. The company’s total portfolio is
Amazon bought more renewable power last year than any other company Read More »
In what has become a bit of an annual tradition, I sat down with Amazon CTO Werner Vogels at AWS re:Invent this week. Another annual tradition now is that Vogels, who joined Amazon in 2004, publishes a series of predictions for the next year. It’d be easy to think that this year’s predictions are all
As businesses move from trying out generative AI in limited prototypes to putting them into production, they are becoming increasingly price conscious. Using large language models isn’t cheap, after all. One way to reduce cost is to go back to an old concept: caching. Another is to route simpler queries to smaller, more cost-efficient models.
AWS brings prompt routing and caching to its Bedrock LLM service Read More »
