These Are The Three Layers Of Generative AI, According To Amazon CEO Andrew Jassy
Portfolio Pulse from Rounak Jain
Amazon.com Inc. (NASDAQ:AMZN) CEO Andrew Jassy has outlined the three layers of generative AI during the company's Q2 2023 earnings call. The layers include the lowest layer targeted by developers, the middle layer offering large language models as a service, and the top layer running applications on top of these models. Jassy emphasized that Amazon's initial AI work is directed at businesses, not consumers. Apple Inc. (NASDAQ:AAPL) was also mentioned in the context of AI development.

August 04, 2023 | 3:03 pm
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Amazon's CEO Andrew Jassy has outlined the company's focus on generative AI, which is primarily directed at businesses.
The news indicates Amazon's strategic focus on AI, which could potentially lead to innovative business solutions and give the company a competitive edge. This could positively impact the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Apple Inc. was mentioned in the context of AI development, although no specific details were provided.
While Apple was mentioned in the context of AI development, the lack of specific details about the company's involvement or plans makes it difficult to predict any immediate impact on the stock.
CONFIDENCE 70
IMPORTANCE 20
RELEVANCE 20