"Amazon CEO Andy Jassy's Vision for AI and AWS in 2023"

Amazon CEO Andy Jassy announced in his annual letter to shareholders that generative AI is the company’s next major product opportunity, expressing optimism about the societal and business benefits it will bring. Amazon has been investing heavily in the technology, including pouring $4 billion into AI startup Anthropic, and Jassy highlighted the company’s approach to generative AI, from chips used to train and run AI models to apps like Rufus chatbot for Amazon’s Marketplace and Amazon Q for AWS developers. Jassy also positioned Amazon’s chips as viable alternatives to Nvidia’s, and emphasized the importance of offering access to various AI models and model sizes for different applications.