Amazon Set To Challenge ChatGPT-Parent OpenAI With New AI Service 'Metis': Report
Portfolio Pulse from Benzinga Neuro
Amazon is developing a new AI chatbot named 'Metis' to compete with OpenAI's ChatGPT. The project, led by Amazon's AGI team, aims to provide real-time information and automate tasks using retrieval-augmented generation. Amazon plans to launch Metis in September, coinciding with a major Alexa event. CEO Andy Jassy highlighted the company's extensive AI efforts, which are expected to generate significant revenue.
June 25, 2024 | 2:45 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Amazon is developing 'Metis,' a new AI chatbot to compete with OpenAI's ChatGPT. The project aims to provide real-time information and automate tasks, with a planned launch in September. This move highlights Amazon's extensive AI efforts and potential for significant revenue growth.
Amazon's development of 'Metis' indicates a significant push into the AI space, which could enhance its competitive position and drive revenue growth. The planned launch in September and the company's extensive AI efforts suggest a positive short-term impact on Amazon's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100