Amazon Eyes Multi-Billion Dollar AI Goldmine With New Agentic Focus

GuruFocus.com
Yesterday

March 5 - According to Reuters, the new group at Amazon's (AMZN, Financial) AWS has been established to focus on developing artificial intelligence based on an internal email issued on Tuesday. The new group with Swami Sivasubramanian as leader heads directly to AWS CEO Matt Garman.

  • Warning! GuruFocus has detected 2 Warning Sign with AMZN.

Garman expressed through the internal email that agentic AI presents AWS with a future business opportunity worth multiple billions. The newly formed team has the mission to create automated solutions that let operational systems work autonomously without requiring human direction. Amazon continues to develop its own Artificial Intelligence model with advanced reasoning attributes despite new reports on its construction activities.

AWS plans to release its Nova brand in June as a revolutionary step in their AI strategic initiatives. Recent sector-led innovations have driven Microsoft-backed OpenAI to introduce the "deep research" feature of ChatGPT, which automates multi-step internet research for complex queries.

This article first appeared on GuruFocus.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10