No Result
View All Result
Advertise With Us
Allwork.Space
Explore Newsletters
  • Latest News
  • Leadership
  • Work-life
  • Coworking
  • Design
  • Career Growth
  • Tech
  • Workforce
  • CRE
  • Business
  • 🗣️Expert Voices
  • 🛒Product Reviews
  • 🌎Coworking Spotlights
  • 🎙️The Future Of Work Podcast
  • 🔎The Future of Work Urban Dictionary
Allwork.Space logo
No Result
View All Result
Explore Newsletters
Allwork.Space
  • Home
  • News
  • Leadership
  • Work-life
  • Coworking
  • Design
  • Workforce
  • Tech
  • CRE
  • Business
  • Podcast
  • Career Growth
  • Newsletters
Advertisements
Workspace Geek - Coworking Management Made Simple
Home News

Amazon Unveils AI Models To Compete With Adobe And Meta

The announcements mark Amazon’s biggest move to shed its lagging AI reputation.

Emma AscottbyEmma Ascott
December 4, 2024
in News
Reading Time: 2 mins read
A A
Amazon Unveils AI Models To Compete With Adobe And Meta

Figurines with computers and smartphones are seen in front of Amazon logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Amazon announced a new slate of artificial intelligence platforms, known as foundation models, at its annual AWS conference, allowing for text, image and video generation, among other things.

The new offerings pit it against rivals like Adobe and Meta, which are racing to serve customers who want to automate more of their services.

Advertisements

Amazon CEO Andy Jassy announced the new “Nova” models at a conference in Las Vegas on Tuesday. Developers, Jassy said, had a list of desires, prompting the new services.

“They want better latency. They want lower cost. They want the ability to do fine-tuning,” Jassy said.

Advertisements

The announcements mark Amazon’s biggest step toward combating a reputation that it had been caught flat-footed in developing AI applications as competitors sped ahead.

Rohit Prasad, Amazon’s head of artificial general intelligence, said the company would compete with rivals on price and capabilities, highlighting what he said were faster speeds for the new models. 

“If I have something better to offer, then customers will come and use it,” he said in an interview. 

“It is still very early” in the development of AI, and Amazon has an opportunity to take a lead as a result, he said.

Advertisements

Video generation from a single image or text prompt has been particularly hot, with Adobe, Meta, OpenAI and TikTok parent ByteDance, among others, all announcing new such AI applications. 

Amazon on Tuesday said its Nova Reel software allows users to make six-second videos that can be useful for, say, displaying products on the Amazon website. Videos of up to two minutes will be available in the coming months, Amazon said.

Entertainment industry technologists are eager to get their hands on such tools to more efficiently enhance and expedite filmmaking capabilities. Still, others worry that such systems could infringe on copyright works.

Also on Tuesday, Amazon said it had developed Canvas for generating images from short text prompts. Jassy emphasized that Amazon would include watermarking to ensure the software is used responsibly to prevent harmful content from being spread.

Other offerings announced Tuesday are meant to speed the time it takes to process and analyze text. 

And in the near future, Amazon plans to introduce an AI model that can take in text, images, speech and video and produce any of those.

In his comments on Tuesday, Jassy said Amazon would release a version of its Alexa speech assistant revamped with AI in the coming months. 

The project, known internally as Banyan, has been plagued by delays amid concerns over the accuracy and speed of its answers, Reuters has reported. 

Advertisements
Workspace Geek - Coworking Management Made Simple

Prasad, who previously oversaw Banyan, declined to offer additional specifics beyond saying he is a huge optimist over the future of voice assistants.

(Reporting by Greg Bensinger in Las Vegas; Editing by Will Dunham and Jonathan Oatis)

Source: Reuters

Advertisements
Source: Reuters
Tags: AIBusinessTechnology
Share9Tweet6Share2
Emma Ascott

Emma Ascott

Emma Ascott is the Associate Editor for Allwork.Space, based in Phoenix, Arizona. She covers the future of work, labor news, and flexible workplace trends. She graduated from the Walter Cronkite School of Journalism and Mass Communication at Arizona State University, and has written for Arizona PBS as well as a multitude of publications.

Other Stories Recommended For You

Can You Spot A Fake Recruiter? Increasingly Sophisticated Hiring Scams Are Costing Job Seekers Millions
Career Growth

Can You Spot A Fake Recruiter? Increasingly Sophisticated Hiring Scams Are Costing Job Seekers Millions

byFeatured Insights
7 hours ago

Job scams are getting more sophisticated, and they’re costing Americans millions

Read more
What CEOs Get Wrong When Talking About Layoffs And AI

What CEOs Get Wrong When Talking About Layoffs And AI

1 day ago
Wall Street Banks Crack Down On Employee Betting In Prediction Markets

Wall Street Banks Crack Down On Employee Betting In Prediction Markets

2 days ago
OpenAI Challenges Claude Cowork With "Cheaper" ChatGPT Work Agent For Non-Coders

OpenAI Challenges Claude Cowork With “Cheaper” ChatGPT Work Agent For Non-Coders

2 days ago
Advertisements
Advertisements

The Future of Work® Newsletter helps you understand how work is changing — without the noise.

Choose daily or weekly updates to stay current, and monthly editions to explore worklife, work environments, and leadership in depth.

Trusted by 22,000+ leaders and professionals.

2026 Allwork.Space News Corporation. Exploring the Future Of Work® since 2003. All Rights Reserved

Advertise  Submit Your Story   Newsletters   Privacy Policy   Terms Of Use   About Us   Contact   Submit a Press Release   Brand Pulse   Podcast   Events   

No Result
View All Result
  • Home
  • Latest News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Podcast
  • Urban Dictionary
  • About Us
  • Advertise | Media Kit
  • Submit Your Story
Newsletters

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00