On Thursday last week, Amazon released its third quarter financial results, which were very positive and better than expected. The company’s revenue reached 134 billion dollars, which is 11% more than the previous quarter. In addition, Amazon CEO Andy Jesse outlined the company’s progress in developing and integrating artificial intelligence (AI) solutions into products and services. He revealed that every team at Amazon is currently working on generative AI solutions.
Jesse said that all Amazon teams are currently working on several generative AI solutions that are being integrated into various businesses and areas of the company. They help maintain profitability, successfully monitor various activities and businesses in general, improve customer experience. AI solutions are being integrated into Amazon’s physical stores and e-commerce, Amazon Web Services platform, advertising business, company-developed devices, Alexa voice assistant and many other places. Jesse emphasized that Amazon is currently paying a lot of attention to AI solutions and is allocating significant funds.
True, Andy Jesse was not the only one to express the importance of AI solutions in his company. Apple CEO Tim Cook emphasized that AI is “absolutely critical” in the development of products and services. He pointed out that AI and machine learning solutions are already practically integrated into every Apple product, and also revealed that the company has been working on generative AI solutions for “several years”.
2023-08-06 07:00:00
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