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AWS CEO: Generative AI Will Be Explosive Source of Growth

Amazon will invest as much as $4 billion in Anthropic, bagging a crucial partner in its effort to become a major player in generative artificial intelligence and offering a vote of confidence in the hot startup. AWS CEO Adam Selipsky joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.” ——– Like this video? Subscribe to…

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Amazon will invest as much as $4 billion in Anthropic, bagging a crucial partner in its effort to become a major player in generative artificial intelligence and offering a vote of confidence in the hot startup. AWS CEO Adam Selipsky joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”
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7 Comments

7 Comments

  1. Daniel Tzach

    September 25, 2023 at 2:40 pm

    First comment

  2. Juan Manuel Estévez

    September 25, 2023 at 3:21 pm

    Great insightful questions!

  3. James Harris

    September 25, 2023 at 3:52 pm

    Bloomberg gets the CEO’s and TV people ask decent questions. These CEO’s are really good at interviews too. Choice, eh? Yup. Need AI choice. Not a fan of Amazon but C-suite dude sounds sane.

  4. Norman Oro

    September 25, 2023 at 4:06 pm

    The boom in generative AI must be a godsend to companies like Amazon Web Services. Training and finetuning these models is data intensive and therefore computing resource intensive, which is how AWS makes money. It was interesting watching Adam Selipsky dance around the question of Anthropic’s existing relationship with Google. I think it was a classic case of communicating something by not saying anything at all. That relationship is almost certainly a concern, but the partnership with Anthropic is probably too important for Amazon to pass up.

  5. Terry Pasca

    September 25, 2023 at 6:32 pm

    ????????This is my fifth year after retirement. I’ve been following the 4% rule thing, but this isn’t really how hard I expected things to be. I still have about $460k outside funds in my IRA to invest in stocks. Pls how do I take advantage of the market turnaround?

    • Terry Pasca

      September 25, 2023 at 6:34 pm

      HOW !! I know it’s possible , I would appreciate if you show me how to go about.

    • Rice Jackson

      September 25, 2023 at 6:34 pm

      Run a quick online research with his name

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Stripe announced several new AI tools Wednesday, including a new partnership with Google, aimed at building AI tools for payments and commerce. Stripe President and co-founder John Collison discusses the company’s AI strategy with Bloomberg Tech’s Ed Ludlow.
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Bloomberg’s Caroline Hyde and Ed Ludlow discuss expectations for big tech earnings as investors prepare for Microsoft, Meta, Google, and Amazon to report earnings after the market closes. Plus, SoFi CEO Anthony Noto discusses investors’ reaction to the financial services company’s earnings as its shares fall. And, Elon Musk continues testifying in his suit against OpenAI over the startup’s pivot from a charity to a for-profit business.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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SoFi shares fell after the company released its quarterly results. SoFi CEO Anthony Noto says investors appear to be reading its decision to maintain its full-year guidance as a sign of uncertainty. Noto speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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