CDS Crypto News Amazon Banking Has Made a 100 Million Dollars investment in the AWS Productive Artificial Intelligence Center to Advance In the Field of Artificial Intelligence
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Amazon Banking Has Made a 100 Million Dollars investment in the AWS Productive Artificial Intelligence Center to Advance In the Field of Artificial Intelligence

Amazon Web Services (AWS) is investing 100 million dollars in the productive artificial intelligence field to compete with Microsoft and Google.

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Amazon Banking Has Made a 100 Million Dolars investment in the AWS Productive Artificial Intelligence Center to Advance In the Field of Artificial Intelligence

Amazon Web Services (AWS) is investing 100 million dollars in a solution in the productive artificial intelligence field to compete with Microsoft and Google.

Amazon Banking Has Made a 100 Million Dollars investment in the AWS Productive Artificial Intelligence Center to Advance In the Field of Artificial Intelligence

The planned AWS Productive Artificial Intelligence Innovation Center by Amazon will serve as a bridge between customers and Amazon’s artificial intelligence and machine learning experts. This center will provide a platform for customers to utilize algorithms to create original content. Users will be able to engage in creative endeavors in various fields such as music, software, art, writing, simulations, and videos.

Among the initial users are companies like Highspot, Twilio, Ryanair, and Lonely Planet. Amazon aims to increase its cloud service sales through this innovation center, which is considered a strong move against competition in the cloud infrastructure sector.

According to a recent survey, global spending on enterprise cloud solutions surpassed $63 billion, showing a 20% increase compared to the same quarter of the previous year. Microsoft and Google stood out in the global market share with the highest year-on-year growth rates of 23% and 10% respectively. Sector leader Amazon maintained its 32% market share.

As part of its goal to compete with major technology companies, Amazon recently introduced an artificial intelligence tool called Bedrock. This tool allows users to create their own ChatGPT-like models. Additionally, Amazon plans to release a product called Titan in the near future, which features two new core models developed by Amazon ML.

Based on recent job postings, it is evident that Amazon is planning to offer an AI-powered “search” feature on its e-commerce websites. This feature is expected to leverage the power of artificial intelligence, providing users with a ChatGPT-like user experience.

Sources:thenewscrypto

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