Tuesday, November 26, 2024

Amazon appoints AI heavyweight Andrew Ng to its board as Jassy says it might be its biggest tech breakthrough “perhaps since the internet.”

Amazon adds Artificial intelligence visionary Andrew Ng to its board, a move that comes amid intense AI competition between startups and massive tech firms.

The Seattle company announced Thursday that Ng, chief executive of Palo Alto, Calif.-based AI Fund, will replace a seat vacated by Judy McGrath, a former MTV executive who told Amazon that she is going to not run for re-election.

Ng’s AI Fund, which he founded in 2017, invests in entrepreneurs constructing artificial intelligence firms. He previously led AI teams at Chinese tech firms Baidu and Google, where the team he oversaw taught a pc system to acknowledge cats in YouTube videos without ever learning what a cat was.

Ng’s addition to the board comes at a time when Amazon, like other technology firms, is investing heavily in generative artificial intelligence.

In his annual letter to shareholders published on Thursday, Amazon CEO Andy Jassy suggested that technology could possibly be the subsequent big pillar of Amazon’s business, joining the well-known online marketplace, Prime subscription program and cloud computing could connect the corporate’s AWS unit. Jassy wrote that generative AI will be the biggest technological shift since cloud computing and “perhaps since the Internet.”

Subscribe to the Eye on AI newsletter to stay awake thus far on how AI is shaping the long run of business. Sign up free of charge.
Latest news
Related news