Amazon adds AI expert Andrew Ng, Google Brain founder and Baidu alumnus, to its board
The Seattle company said Thursday that Ng, a managing director at the Palo Alto, California-based AI Fund, will replace a seat vacated by Judy McGrath, a former CEO of MTV who told Amazon she will not run for re-election.
Ng’s addition to the board comes as Amazon, like other tech companies, makes massive investments in generative artificial intelligence.
Amazon invests another US$2.75 billion in OpenAI rival Anthropic
Amazon invests another US$2.75 billion in OpenAI rival Anthropic
The company has invested US$4 billion in the San Francisco-based start-up Anthropic, which is partnering with Amazon to develop so-called foundation models that underpin generative AI technologies. In the past year, Amazon also rolled out a chatbot for businesses called Q and a generative-AI powered shopping assistant named Rufus.
In an annual shareholder letter released Thursday, Amazon CEO Andy Jassy suggested generative AI could be the next big pillar of Amazon’s business, joining the company’s prominent online marketplace, Prime subscription programme and its cloud computing unit, Amazon Web Services.
Jassy wrote that generative AI may be the largest technological transformation since cloud computing, and “perhaps since the internet.”
Amazon said it was replacing the technology, which allows customers to skip the checkout line, with smart carts that would allow them still to do that but also see their spending in real time.