Amazon to invest $100M in generative AI center

Amazon to invest $100M in generative AI center



AWS is constructing a $100 million AI facility in response to the growing competition in cloud infrastructure services.Amazon's cloud division, known as AWS, is investing $100 million in an initiative to catch up with Microsoft and Google in the field of generative artificial intelligence.



As reported by Bloomberg, the forthcoming AWS Generative AI Innovation Center will facilitate collaboration between Amazon's AI and machine learning experts and clients who want to develop applications based on the latest technologies. Generative AI employs algorithms to generate fresh content, such as audio, code, images, texts, simulations, and videos.



Amazon has announced that companies like Highspot, Twilio, Ryanair, and Lonely Planet will be among the first to utilize the innovation center. By establishing this new facility, the company


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#AI, #Amazon, #AWS, #Bitcoin, #Blockchain, #ChatGPT, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations

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