#Amazon to #invest $100M in generative AI center: Report

AWS is building a $100 million #AI center to keep up with increasing competition in cloud infrastructure services.

Amazon's cloud unit, commonly known as AWS, is building a $100 million solution to catch up with Microsoft and Google in the market for generative artificial intelligence.

According to Bloomberg, the upcoming AWS Generative AI Innovation Center will connect Amazon experts in AI and machine learning with clients seeking to build applications based on the latest technologies. In generative AI, algorithms are used to create new content, such as audio, code, images, texts, simulations, and videos.

Amazon said Highspot, Twilio, Ryanair and Lonely Planet will be among the first users of the innovation center. #BinanceTournament #googleai #crypto2023