Amazon launches ChatGPT-like chatbot for business. Here’s all you need to know about Amazon Q – Crypto News – Crypto News
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Amazon launches ChatGPT-like chatbot for business. Here's all you need to know about Amazon Q Amazon launches ChatGPT-like chatbot for business. Here's all you need to know about Amazon Q

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Amazon launches ChatGPT-like chatbot for business. Here’s all you need to know about Amazon Q – Crypto News

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Amazon AWS has announced its generative AI chatbot akin to ChatGPT but catered specifically to businesses at the re:Invent conference on Tuesday. The latest move by Amazon Web Services (AWS), the leader in the cloud computing technology sector, comes amidst a time when its competitors like Microsoft and Google have already deployed their own generative AI technology in their products.

Amazon is marketing Q as a ‘new type of generative AI powered assistant’ that can answer employees’ questions, generate content and take actions using the data of the business. 

Meanwhile, in a blogpost explaining the purpose of its new generative AI offering, Amazon noted that the new chatbot is “designed for work that can be tailored to your business. You can use Amazon Q to have conversations, solve problems, generate content, gain insights, and take action by connecting to your company’s information repositories, code, data, and enterprise systems. Amazon Q provides immediate, relevant information and advice to employees to streamline tasks, accelerate decision-making and problem-solving, and help spark creativity and innovation at work.”

Speaking about the importance of generative AI at the conference, AWS CEO Adam Selipsky said, “GenAI will reinvent every application we interact with, at work and at home…From startups to enterprises, organisations of all sizes are getting going with Generative AI. They want to take the momentum that they are building with early experimentation, and turn it into real-world productivity gains,”

Amazon’s foray into artificial intelligence: 

Amazon is trying to regain lost ground in the artificial intelligence realm to competitors like Microsoft. The Redmond-based company has heavily depended on OpenAI for its generative AI offering and invested over 10 billion dollars in the company. Search giant Google also rushed its generative AI chatbot Bard into the market after the launch of ChatGPT while also enhancing its other offerings like Google Search, Gmail an YouTube with generative AI as well. 

As part of its efforts to find a space in the fast-changing AI landscape, Amazon had committed to investing up to $4 billion in AI startup Anthopic – maker of another ChatGPT rival bot Anthropic- and also deepened its relationship with Nvidia, the maker of most chips required for running large language models.

 

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Updated: 29 Nov 2023, 10:33 AM IST

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