AI Index / Amazon.com, Inc.
Amazon.com, Inc. (AMZN)
Amazon leans on AI extensively across its AWS cloud platform, advertising and retail businesses. With a focus on generative AI, AWS provides tools such as Amazon Bedrock for scalable model deployment and Amazon CodeWhisperer for AI-assisted code generation. These tools aim to make generative AI more accessible and adaptable for businesses, allowing users to integrate advanced AI models into applications. Additionally, AWS services like SageMaker and custom silicon solutions like Trainium are geared toward supporting diverse machine learning and AI workloads.
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With the incremental opportunities available to us in areas like AI, chips, low earth orbit satellites, quick commerce, and serving more consumers' everyday essentials needs, we have a chance to build an even more meaningful business in Amazon.com, Inc. in the coming years.
- Andrew Jassy
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Quotes from amazon Executives About Artificial Intelligence and Generative AI
The biggest reason that AWS continues to gain AI share is our uniquely broad top-to-bottom AI stack functionality. In AI, we are doing what we've always done in AWS, solving customer challenges.
- Andrew Jassy
The first challenge is having a strong foundation model to generate inferences or predictions. Customers are realizing as they get further into AI that they need choice. As different models are better on different dimensions.
- Andrew Jassy
Bedrock is now a multibillion-dollar annualized run rate business, and customer spend grew 60% quarter over quarter.
- Andrew Jassy
It's a little like teaching a child a foreign language early in their life. That becomes part of their learning foundation moving forward and it makes it easier to pick up other languages later in their life.
- Andrew Jassy
To solve for this need, we just launched NovaForge. Which gives customers early checkpoints on our Amazon Nova models allows them to securely mix their own proprietary data with the model's data in the pre-training stage, and enables their own uniquely customized versions of Novo.
- Andrew Jassy
If we want AI to be used as expansively as companies want, we have to make the cost of inference lower.
- Andrew Jassy
We've landed over 1.4 million Tranium two chips our fastest ramping chip launch ever.
- Andrew Jassy
A lot of usage but customers are really thirsty for better price performance. And Tranium has 30% to 40% better price performance than comparable GPUs, so it's very compelling to customers.
- Andrew Jassy
The primary way companies will get value from AI is with agents. Some their own, some from others, and there are several customer challenges that we are well positioned to solve.
- Andrew Jassy
This AI movement is not going to be a couple of companies. It's gonna be thousands of companies over time.
- Andrew Jassy
Our AgenTik AI shopping assistant, Rufus, is rapidly expanded. Rufus can research products, track prices, and auto buy.
- Andrew Jassy
Our creative agent lets advertisers research brainstorm, and generate full funnel ad campaigns from concept to completion using conversational guidance in Amazon.com, Inc.'s retail data transforming what was a weeks long process into just hours.
- Andrew Jassy