Amazon cloud boss Matt Garman inherits business under pressure to keep pace in AI
CNBC - 2024-05-23T12:30:01.000Z

Adam Selipsky's three-year tenure at the helm of Amazon Web Services coincided with slowing growth and an increasingly competitive landscape in AI.

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Amazon: Amazon to launch AI-overhauled Alexa with paid plans, CNBC reports
Amazon.com will introduce a more conversational artificial intelligence-powered version of its Alexa voice assistant later this year and plans to charge a monthly subscription fee to offset technology costs, CNBC reported on Wednesday. While the e-commerce giant is yet to nail down the price of the new services, a subscription to Alexa will not be included in its popular $139 annual Prime offering, the report said, citing people with knowledge of the company's plans. Amazon declined to comment...
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Scale AI: Scale AI valued at $14 billion in Nvidia, Amazon-backed funding round
Scale AI said on Tuesday it had raised $1 billion in a late-stage funding round led by venture capital firm Accel with participation from tech giants Nvidia, Amazon, and Meta, valuing the AI data startup at nearly $14 billion. Top tech companies are racing to build AI into their products and services. Startups catering to the surge in demand for AI chips and machine learning have been a bright spot in an otherwise subdued private funding market. Founded in 2016, Scale AI provides vast amounts of...
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Exclusive: Inflection AI reveals new team and plan to embed emotional AI in business bots
Inflection AI announces its new executive team, including CEO Sean White, CTO Vibhu Mittal, COO Ted Shelton, product lead Ian McCarthy.
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In related news

Amazon: Amazon to launch AI-overhauled Alexa with paid plans, CNBC reports

Scale AI: Scale AI valued at $14 billion in Nvidia, Amazon-backed funding round

Exclusive: Inflection AI reveals new team and plan to embed emotional AI in business bots