Amazon CEO: "We're deeply investing" in generative AI
Briefly

[T]here are three distinct layers in the GenAI stack, each of which is gigantic, and each of which we're deeply investing.
Amazon's AI strategy involves layers for model training, data customization, and building consumer AI applications like Rufus and Amazon Q.
It costs money to make money in the AI space, including infrastructure like data centers, new chips, and high AI worker salaries up to $900,000.
Amazon, transitioning from e-commerce trends, now aims to dominate the AI arena, expanding AWS to become the world's largest AI playground.
Read at Axios
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