Tech giant Amazon held its Q2 earnings call on Thursday as executives touted its AI initiatives, including the Bedrock platform businesses can use to make AI tools and models.
, Jassy said that a scarcity of supply of those high-end chips prompted the company to begin developing its own AI chips for LLM training and inference, which are in their second versions and present a "very appealing price performance option for customers building and running large language models."
Amazon CEO Andy Jassy said the tech giant views its opportunity in the AI space in three areas – computing power through high-end chips, AI tools and large language models as a service, and consumer-facing tools. "Customers including Bridgewater Associates, Coda, Lonely Planet, Omnicom, 3M, Ryanair, Showpad and Travelers are using Amazon Bedrock to create generative AI applications," Jassy noted.
He added that Amazon announced new capabilities for Bedrock in July, including new models from Cohere, Anthropic and Stability AI, in addition to agents that let customers create conversational agents to deliver personalized, up-to-date answers based on proprietary data.
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