Amazon Adds AI Expert Andrew Ng To Board as GenAI Race Heats Up

Amazon on Thursday added Andrew Ng, the computer scientist who led AI projects at Alphabet's Google and China's Baidu, to its board amid rising competition among Big Techs to add users for their GenAI products. From a report: Amazon's cloud unit is facing pressure from Microsoft's early pact with ChatGPT-maker OpenAI and integration of its technology into Azure, while Alexa voice assistant is in race with genAI chat tools from OpenAI and Google. The appointment, effective April 9, also follows job cuts across Amazon, which has seen enterprise cloud spending and e-commerce sales moderate due to macroeconomic factors such as inflation and high interest rates. "As we look toward 2024 (and beyond), we're not done lowering our cost to serve," CEO Andy Jassy said in a letter to shareholders on Thursday.

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