HomeTechnologyJEFF BEZOS IS WORRIED...

JEFF BEZOS IS WORRIED MORE AI COMPANIES ARE NOT USING AWS

  • Jeff Bezos emailed Amazon’s execs to ask why more AI firms are not using AWS.
  • The former CEO looks to personally introduce more companies to AWS.
  • AWS recently appointed a new “Wartime CEO” to compete in the AI space.

The former CEO of Amazon, Jeff Bezos, appears to be worried about the AI efforts of the e-commerce giant, compared to competitors like Google, and Nvidia.

Jeff Bezos is Still Involved in Amazon’s AI Efforts

CNBC reported late Tuesday that Bezos has been sending emails to Amazon executives wondering why certain AI companies are using other cloud providers instead of Amazon Web Services (AWS).

Despite retiring as CEO, Bezos is still involved in Amazon’s AI efforts. CNBC cited a source who admitted that Bezos is “hyper-aware” of the competition in the sector and what the likes of Google and Nvidia are doing.

As of April, AWS controlled 32% of cloud market share, followed by Microsoft (24%) and Google (11%). In Q1 2024, however, both Google and Microsoft saw marginal increases in their share, while AWS saw a rather steady growth as the previous quarter.

“Amazon held steady relative to the prior quarter, while Microsoft and Google both saw a marginal increase,” an analyst, John Dinsdale, told CRN.

AWS Appoints a “Wartime CEO” Amid Its Losing Position in AI

Perhaps, due to the gravity of the situation, AWS announced Tuesday that its CEO Adam Selipsky, who’s led the company for three years, will be replaced by Matt Garman, the SVP of AWS sales, effective June 3rd.

The “leadership change is needed as Amazon is perceived as lagging behind Google and Microsoft in AI,” the source told CNBC.

Amazon sees Garman as a “Wartime CEO” who’s more aggressive and technical. However, it deemed Selipsky as being more of a “Peacetime CEO.”

Bezos Seeks to Introduce More Firms to AWS

Besides the AWS leadership change, which is a strategic move by Amazon to assert its dominance in AI, the former CEO has also been making efforts to lift AWS, which is central to Amazon’s AI play.

Per the report, Bezos has been looking to introduce some AI startups to AWS.

In March, AWS became the main cloud provider for one of the biggest AI models, Claude. This happened after Amazon completed a $4 billion investment in Anthropic, the development company behind the AI models.

Disclaimer. The information provided is not trading advice.

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

BINANCE RECONSIDERS RULES FOR TOKEN LAUNCH, INSISTS ON QUALITY FOR NEW LISTINGS

Binance has noticed the low-float token trend and will limit...

Bullish Forecast for Bitcoin (BTC) from Analysts: “Last Opportunities Before Parabolic Rally!”

While Bitcoin has experienced a significant increase recently, surpassing $67,000, analysts...

KOI Announces Strategic Partnership with B² Network

KOI, Kingdom of Inscription, a unique game economy powered by AI...

Which Altcoins Will Binance List? Here is the New Strategy!

While Binance, the world's largest cryptocurrency exchange, continues its altcoin listings...

- A word from our sponsors -

Read Now

BINANCE RECONSIDERS RULES FOR TOKEN LAUNCH, INSISTS ON QUALITY FOR NEW LISTINGS

Binance has noticed the low-float token trend and will limit listings based on a new rule set. Venture-backed projects are entering the market, often with a low float. VC funding returned in Q1, creating a new challenge for centralized exchanges. Binance issued a new list of rules for...

Bullish Forecast for Bitcoin (BTC) from Analysts: “Last Opportunities Before Parabolic Rally!”

While Bitcoin has experienced a significant increase recently, surpassing $67,000, analysts continue to interpret BTC's price movements and make new predictions. At this point, many analysts argue that Bitcoin is currently in a consolidation and reaccumulation phase. Analysts note that the current phase presents an opportunity for investors to...

KOI Announces Strategic Partnership with B² Network

KOI, Kingdom of Inscription, a unique game economy powered by AI and Bitcoin liquidity, is pleased to reveal that they have entered into a partnership with B² Network, the prime choice for Bitcoin’s Layer-2 framework. This partnership is aimed at adding a new layer of liquidity to...

Which Altcoins Will Binance List? Here is the New Strategy!

While Binance, the world's largest cryptocurrency exchange, continues its altcoin listings at full speed, it significantly moves the price of the relevant altcoin with its listings. While investors were looking forward to Binance listing new altcoins, a new statement came from the exchange regarding the altcoin listing policy. At...

ENERGY SECTOR SEES THE BIGGEST SPIKE IN “AI” MENTIONS IN Q1, BEYOND TECH

More energy companies talked about AI in the earnings call in Q1, compared to the previous quarter. The info-tech and communication sectors still account for the highest number of “AI” mentions. The traction of AI development is placing a huge demand on energy globally. Artificial intelligence is...

Big Debate Between Analyst Saying “Bitcoin is Dead” and a 50 Years of Economist

Peter Schiff and Peter Brandt, two analysts who frequently share analyzes about the cryptocurrency market, got into a serious discussion. The discussion first started after gold-loving analyst Peter Schiff commented on the performance of some assets recently. Citing a previous tweet, Schiff mentioned that the price of silver...

Nimble Network Announces a New Collaboration with Anome

Nimble Network, a decentralized artificial intelligence orchestration layer to improve the AI ecosystem, has recently announced an exclusive partnership. As per the company, it is joining forces with Anome (an on-chain game ecosystem focusing on enhancing GameFi, NFT liquidity, NFTFI, and DeFi. On its official account on...

RESEARCH SHOWS AI HELPS IN HEALTH CARE TRANSFORMATION

AI accelerates drug discovery in the healthcare sector. AI transforms health research but requires careful implementation. Faster disease diagnosis with AI, but bias concerns. Artificial intelligence is reshaping health research and speeding up the discovery of drugs and disease investigation. With the help it brings to the healthcare...

Solana and Sui Lead Fastest Blockchain Race with Record Transaction Speeds

In the dynamic world of blockchain technology, transaction speeds have become a pivotal metric for measuring platform performance. CoinGecko’s latest report reveals a notable surge in transaction speeds across leading blockchain platforms, driven by a wave of on-chain activity and the rising popularity of meme coins. Solana Leads...

These Are The 28 Altcoins Binance Has Invested In But Hasn’t Listed Yet

Binance Labs, the investment arm of Binance, the world's largest cryptocurrency exchange, has been investing in many altcoin projects recently. However, Binance does not yet list many of the altcoins it invests in on its exchange platform. Although Binance's investment in a project does not guarantee listing on...

BRITISH MOTORISTS SKEPTICAL OF AI-DRIVEN VEHICLE SUPERIORITY

Three in five British drivers doubt automatic vehicles’ capabilities. AI technology faces skepticism from British motorists. UK drivers think they’re better than AI cars. A recent poll suggests that 60% of UK drivers are convinced they are better than automatic AI-driven vehicle technologies. The UK government hopes to...

CryptoQuant CEO Announces the Bullish End Date in Bitcoin!

Leading cryptocurrency Bitcoin reached a new ATH, surpassing its previous ATH of $69,000 before the halving in April. While the new ATH before Halvig increased investors' bullish expectations, BTC experienced serious corrections afterwards. While these corrections caused speculation that the bear market had started again, CryptoQuant CEO Ki Young...