Since the emergence of OpenAI’s AI chatbot ChatGPT nearly three months ago, tech companies have quickly rushed to release their chatbots in order to maintain investor confidence. Microsoft has introduced a Bing search engine with ChatGPT-like capabilities, and it has finally become impressive.
On the other hand, Google’s Bard failed to demonstrate potential due to a mishap during the demo. Employees expressed disappointment with Bard’s “premature launch,” citing poor management of the announcement.
“Microsoft is clearly in the lead and has won a lot of mindshare here,” Matt McIlwain, managing director of Madrona Venture Group, a major, early investor that has worked closely with Amazon over two decades., told FT.
Amazon’s CEO Andy Jassy chimed in on the conversation about generative AI and ChatGPT in an interview with the Financial Times, published on Monday.
“I think it’s exciting, what’s possible with generative AI,” Jassy told the FT. “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.”
He added that Amazon has to be cognizant of the trend toward intelligent and generative apps.
It “needs to have its strategic response,” he said.
Some of us have already been using Amazon’s generative AI for a couple of years in the form of Alexa. Amazon’s famous AI assistant has been a part of many households for a long time.
Jassy also pointed out that the company is pursuing opportunities to partner with smaller firms to develop this area of the business but didn’t share details.
The most prominent example is Stability AI — a competitor to Microsoft-backed OpenAI – which recently declared Amazon its “preferred cloud partner,” to train and build its AI models.
Amazon did not immediately respond for further comment about its plans for AI.