Amazon gets ready to grapple

An AI chatbot aimed at business users

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Q chatbot takes on the enterprise AI arena

Amazon** **has announced a new AI-powered chatbot aimed at enterprise customers.

Aimed at AWS (Amazon Web Services) customers, the chatbot - dubbed Q - promises to let users carry out a range of AI tasks such as summarizing documents and researching internal policies. Q will also work with third-party apps such as Slack from Salesforce and Dropbox. Additionally, AWS says developers will be able to use the chatbot to make changes to code.

Amazon has made a preview version of Q available for free, though the full release is set to cost $20 to $25, depending on the implementation.

Why it matters: **Amazon has arguably been lagging behind others in the AI products space, particularly when considering that both **Google and Microsoft have rolled out consumer and enterprise tools. But with Q, AWS is now making a serious AI play - but will it be enough?

The New York Times | Link to story (paywall).

Amazon and Nvidia are AWS BFFs

Nvidia has found a new partner in its mission to dominate the AI hardware space: Amazon.

During the AWS re:Invent conference in Las Vegas, the companies announced that AWS will now offer Nvidia H200 chips to its users. The H200 is the successor to the H100, which established itself as the preferred AI training chip for OpenAI and others.

Amazon will also provide AWS customers with access to its proprietary Trainium2 training chip and the general-purpose Graviton4. Anthropic and Databricks are among the proponents of Trainium2.

Why it matters: Amazon's initiative to make a variety of AI chips available to AWS customers could be beneficial for the Everything Store. For Nvidia, partnering with the world's largest cloud services company also demonstrates its unwavering commitment to remaining at the forefront.

CNBC | Link to story.

AI video is getting interesting

AI video platform** Pika Labs **has secured a $35 million Series A round, bringing their total raised to $55 million on a $200 million valuation. Not bad for a company that’s only six-months old.

Pika Labs, which has just launched its Pika 1.0 platform out of beta lets users generate and edit short video clips via text prompts or photos, and even other videos. Those paying close attention might note that all sounds a lot like Runway ML, which has been somewhat of a pioneer in the space.

Pika Labs’ Series A was led by Lightspeed Venture Partners. The startup has previously raised investment from Nat Friedman, Daniel Gross, and others.

**Why it matters: **There has been a proliferation of text-to-image companies since Dall E made a splash. Now with Pika Labs raising serious investment, we could see the emergence of many more Runway ML competitors.

VentureBeat | Link to story.

Profile Picture of Tom Wilton

Written By: Tom Wilton

Lead Newsletter Writer

Published Date: Nov 30, 2023

Amazon's re:Invent featured lots of AI news.