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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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Pierre Ferragu, managing director at New Street Research, examines the prospect of combining SpaceX with Tesla Inc. Elon Musk openly endorsed the idea Tuesday, saying the boards of both companies had formed special committees of independent directors to consider the proposal. He speaks on Bloomberg Television.
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Elon Musk said SpaceX and Tesla Inc. have formed special committees to explore a potential merger, a preliminary step toward what would rank as the largest corporate tie-up of all time. Ed Ludlow reports.
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Elon Musk says combining SpaceX and Tesla makes sense. “There’s a lot to be gained from cooperating on developing superintelligence software,” he said during the SpaceX earnings webcast on Tuesday. Musk, who is chief executive officer of both companies, says he won’t take part in any committee discussions about the idea.
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