Amazon: Amazon working on ChatGPT-like tech for a long time: CEO Andy Jassy – Times of India

ChatGPT is currently the biggest buzz in the industry. The artificial intelligence (AI)- based chatbot was launched by the Microsoft-backed AI research startup OpenAI in November 2022. Since its release, the chatbot has gained huge traction for its ability to process prompts and offer human-like answers. In a recent interview with the Financial Times, Amazon‘s CEO Andy Jassy discussed the generative AI which is developed by the company. Jassy has also explained how generative AI is different from ChatGPT.
Amazon CEO on generative AI
Generative AI is trained on algorithms to produce new text, images, code, video, or audio. Jassy said: “I think it’s exciting, what’s possible with generative AI. And it’s part of what you’re seeing with models like ChatGPT. But most large, deeply technical companies like ours, have been working on these very large, generative AI models themselves for a long time.”
Jassy also mentioned that the company is looking for opportunities to partner with smaller firms to develop this area (AI) of the business. However, he didn’t share any details about the same.
Recently, Stability AI, which is a competitor to Microsoft-backed OpenAI, has declared Amazon as its “preferred cloud partner,” to train and build its AI models. Amazon hasn’t shared any further details about its plans for AI.

Amazon investor’s suggestions for AI
Amazon already has its own AI and machine learning technology which works with services like Alexa (Amazon’s voice assistant) and CodeWhisperer (a code recommendation generator). However, the company’s supporters are concerned that the tech giant is falling behind in the generative AI department, the report adds.
The report also adds a statement from Matt McIlwain about AI. McIlwain is the managing director of Madrona Venture Group which is an early investor in Amazon. He said: “Microsoft is clearly in the lead and has won a lot of mindshare here.”
McIlwain added that Amazon needs to be conscious of the trend toward intelligent and generative apps. He also suggested the company had a “strategic response” to the situation.