Amazon CEO Andy Jassy is betting big on AI – and touts the technology as a 'big deal' for shareholders
"One final investment area that I'll mention, that's core to setting Amazon up to invent in every area of our business for many decades to come, and where we're investing heavily is Large Language Models and Generative AI," he said.
"I could write an entire letter on LLMs and Generative AI as I think they will be that transformative, but I'll leave that for a future letter," Jassy added. "Let's just say that LLMs and Generative AI are going to be a big deal for customers, our shareholders, and Amazon." Jassy also flagged headwinds facing Amazon Web Services, and told staff to return to the office for at least three days a week. He succeeded Amazon founder Jeff Bezos as the company's CEO in July 2021.
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