- Amazon CEO, Andy Jassy counters claims that Amazon is lagging in AI, stating plans to invest in AI across the company.
- AWS has unveiled a generative AI service, Bedrock, and developed AI-specific chips, Inferentia and Trainium, promising better price-performance.
- Despite recent layoffs and cost cutting measures, Jassy believes Amazon’s AI advancements, including custom chips and services, give it a competitive edge.
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