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Amazon invests $100 million in AI innovation center to help grow AWS business

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Amazon announced this week that it will invest $100 million in an AI Innovation Center to help enterprise customers and partners plan and deploy AI technologies.

Amazon hopes to use this technology to promote its AI cloud services and catch up with competing products from industry rivals such as Microsoft and Google, so as to expand the attractiveness of its AWS business to enterprises and help AWS business development.


▲ Picture source Businesswire

The new AI Innovation Center will integrate consulting services, data scientists, engineers and solution architects to help customers in different industries leverage AWS’s machine learning capabilities and AI services to build enterprise solutions and reduce enterprise costs, Amazon said.


▲ Picture source Amazon

Amazon also said that the Innovation Center team can help customers use AWS generative AI services, including code writing assistant CodeWhisper, Bedrock (AI model platform) and other business tools that can help medical companies accelerate drug research, optimize process design and project processes for manufacturing, and give customers in the financial industry personalized financial advice and instant information.

Amazon’s AWS Generative AI service already has many participants, such as AI sales tool provider Highspot, travel company Lonely Planet, Ryanair Airlines and project management platform Twilio. Amazon’s current move is expected to further expand the reach of AWS relative to competing products. i

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