Since the launch of OpenAI’s ChatGPT, the race for Artificial Intelligence (AI) has gathered a new momentum. Big tech giants like Google and Microsoft are already taking the lead. The latest to join is Amazon. CEO Andy Jassy recently said that Amazon plans to make its voice assistant – Alexa ‘The World’s Best Personal Assistant’.
During an earnings call, Jesse said the company is building a more powerful Large Language Model (LLM) than what currently powers Alexa. At the event, he insisted that Amazon would continue to invest oh In cloud computing services.
“Our recent announcement on Large Language Model (LLM) and Generative AI and their associated chips and managed services is another recent example,” he added.
“And I think it’s really going to accelerate our vision of becoming the world’s best personal assistant. I think there’s an important business model underneath,” the Amazon chief said.
For those unaware, Amazon announced the Bedrock service for its generative AI service in a limited preview earlier this month. AWS will offer access to its own first-party language model called Titan through Bedrock.
Amazon announced its revenue for Q1, 2023. The company revealed that net sales rose 9% to $127.4 billion in the first quarter, compared to $116.4 billion in Q1, 2022. Amazon Web Services (AWS) segment sales also increased by 16%. -Over-Year $21.4 billion.
Speaking about Alexa and how the company wants to make it the world’s best personal assistant, Jesse said, “I think when people often ask us about Alexa, we often share that if we If we were just making a smart speaker, it would have been too much. small investment. But we have a vision that we believe in, that we want to be the best personal assistant in the world. And that’s hard to do.”
Meanwhile, Amazon’s net income for the first quarter of 2023 was $3.2 billion.
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