As generative artificial intelligence (genAI) models continue to evolve, they are becoming more tailored to specific needs and budgets, allowing service providers to capitalize on AI cloud services for revenue growth.
In a recent letter to shareholders, Amazon CEO Andy Jassy announced a shift towards offering AI models through web services to enterprise clients, rather than focusing on consumer-facing genAI applications.
Jassy emphasized the potential of generative AI as the next frontier for Amazon, highlighting the company’s commitment to innovation and its belief that AWS will play a crucial role in shaping the future of AI.
The demand for AI services is on the rise, with organizations projected to increase their investment in AI initiatives by 10% to 15% in the coming years, according to a recent IDC survey.
Amazon’s introduction of Bedrock, a platform for deploying large language models (LLMs) via AWS, and Amazon Q, an AI-assisted coding tool, demonstrates the company’s dedication to advancing AI technology and making it accessible to a wide range of users.
Through Bedrock, Amazon offers a diverse selection of AI models from various providers, including AI21 Labs, Anthropic, Cohere, Meta, Mistral AI, Stability AI, and its own LLM, all accessible through a single API.
2024-04-18 13:00:02
Post from www.computerworld.com