Amazon to invest $100M in generative AI center: Report
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Amazon (NASDAQ:AMZN)’s cloud unit, commonly known as AWS, is building a $100 million solution to catch up with Microsoft (NASDAQ:MSFT) and Google (NASDAQ:GOOGL) in the market for generative artificial intelligence.
According to Bloomberg, the upcoming AWS Generative AI Innovation Center will connect Amazon experts in AI and machine learning with clients seeking to build applications based on the latest technologies. In generative AI, algorithms are used to create new content, such as audio, code, images, texts, simulations, and videos.
