Amazon (AMZN) Web Services is hosting its 2024 re:Invent conference in Las Vegas, Nevada, from December 2 to 6. The annual event brings together industry leaders and experts to explore cloud computing innovations, emerging technologies, and AWS’s strategic developments.
During the conference, AWS CEO Matt Garman discussed the company’s ambitious artificial intelligence (AI) growth strategy with Yahoo Finance’s Madison Mills. Garman highlighted the launch of new product innovations, including ultra servers, AI chips, and Nova AI models.
To enhance consumer experiences and solidify its position in the competitive AI landscape, AWS plans to introduce new platform features. The company also aims to differentiate itself from competitors by expanding market share in the AI chip market.
Additionally, Garman addressed President-elect Donald Trump’s proposed tariff policies and explained how AWS plans to navigate this challenging environment.
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Source: https://finance.yahoo.com/video/amazon-unveils-ai-models-trainium-231500534.html