Clicky

  • Login
  • Register
  • Submit Your Content
  • Contact Us
Thursday, August 22, 2024
World Tribune
No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food
Submit
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food
No Result
View All Result
World Tribune
No Result
View All Result

Amazon hires execs from AI startup Adept and licenses its technology

June 28, 2024
in News
Reading Time: 4 mins read
A A
Amazon hires execs from AI startup Adept and licenses its technology
0
SHARES
ShareShareShareShareShare

READ ALSO

FTX Sam Bankman-Fried former partner Ryan Salame seeks to void guilty plea

Microsoft Recall AI search for Windows Insiders releases in October

The front desk of the Amazon office is pictured in New York, May 1, 2019.

Carlo Allegri | Reuters

Amazon is ramping up its development of artificial intelligence technology, hiring top talent from AI agent startup Adept and licensing the company’s technology.

Rohit Prasad, a senior vice president and head scientist who oversees Amazon’s artificial general intelligence unit, wrote in a memo to employees on Friday that the company hired Adept co-founder and CEO David Luan and “a few other deeply talented team members to our AGI team.”

Luan will oversee Amazon’s “AGI Autonomy” division, and report to Prasad, he wrote in the memo, which CNBC obtained. Amazon confirmed the contents of the memo. Geekwire was first to report on it.

Amazon faces fierce competition in AI, as rivals Microsoft and Google rapidly add new features into their core products while also giving businesses more ways to access large language models in their public cloud offerings. Amazon’s cloud unit has launched a range of AI services, including its own models, which are generally viewed as lagging behind the top competitors.

Amazon has also pumped billions of dollars into OpenAI competitor Anthropic, and it’s planning to overhaul its Alexa voice assistant with a new paid version that has generative AI capabilities. Prasad, who previously served as a head scientist for Alexa, was tapped in August to steer Amazon’s development of AGI, or software that’s significantly more advanced than current AI and starts to approach human-level capabilities.

Last month, Amazon announced Adam Selipsky, the head of Amazon Web Services, would be stepping down and succeeded by Matt Garman, the head of sales at marketing at AWS.

Amazon hires execs from AI startup Adept and licenses its technology

Talent wars are heating up across the industry.

Microsoft in March hired Mustafa Suleyman, a cofounder of Google’s DeepMind who went on to lead startup Inflection AI. Microsoft also brought on several of Inflection’s top executives and is licensing some of its technology. The arrangement caught the attention of the Federal Trade Commission, which is probing whether Microsoft structured the deal to avoid antitrust review, The Wall Street Journal reported.

Adept was founded in 2022 by a group of former OpenAI and Google engineers. The company quickly attracted the backing of Microsoft and Nvidia and was valued at more than $1 billion in early 2023.

Adept is a player in the burgeoning space of AI agents, which refers to AI tools that are equipped to complete complex tasks without human assistance. The startup was reportedly developing an agent that can perform actions on a computer on the user’s behalf, like navigating webpages and logging data.

As part of Friday’s agreement, Amazon will license Adept’s technology, multimodal models and some datasets, which “will accelerate our roadmap for building digital agents that can automate software workflows,” Prasad wrote. Amazon is using the technology under a non-exclusive license, the company said.

“David and his team’s expertise in training state-of-the-art multimodal foundational models and building real-world digital agents aligns with our vision to delight consumer and enterprise customers with practical AI solutions,” Prasad said.

Adept confirmed the move in a blog post. The company noted that developing its own AI models would’ve required more capital, and said the Amazon deal will allow it to focus on building agents. Adept will continue to operate as a standalone company after Luan and other execs join Amazon.

WATCH: Amazon Web Services CEO Adam Selipsky to step down

Amazon Web Services CEO Adam Selipsky to step down on June 3

Credit: Source link

ShareTweetSendSharePin
Previous Post

Democrats close ranks around Joe Biden after disastrous debate

Next Post

Lakers reveal Bronny James’ number for rookie season

Related Posts

FTX Sam Bankman-Fried former partner Ryan Salame seeks to void guilty plea
News

FTX Sam Bankman-Fried former partner Ryan Salame seeks to void guilty plea

August 22, 2024
Microsoft Recall AI search for Windows Insiders releases in October
News

Microsoft Recall AI search for Windows Insiders releases in October

August 21, 2024
Ford delays new EV plant, cancels electric three-row SUV
News

Ford delays new EV plant, cancels electric three-row SUV

August 21, 2024
Michelle Obama: Trump DNC speech
News

Michelle Obama: Trump DNC speech

August 21, 2024
Ukraine carries out one of largest-ever drone attacks on Moscow
News

Ukraine carries out one of largest-ever drone attacks on Moscow

August 21, 2024
Volatility spike was a ‘huge overreaction,’ but more could be ahead, strategist says
News

Volatility spike was a ‘huge overreaction,’ but more could be ahead, strategist says

August 21, 2024
Next Post
Lakers reveal Bronny James’ number for rookie season

Lakers reveal Bronny James' number for rookie season

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

What's New Here!

Tesla’s margin getting hammered by discounts and hefty AI spending

Tesla’s margin getting hammered by discounts and hefty AI spending

July 24, 2024
The EU AI Act comes into effect

The EU AI Act comes into effect

August 1, 2024
Four futures bets to consider during the two-week hiatus

Four futures bets to consider during the two-week hiatus

July 28, 2024
Steven van de Velde, Olympian convicted of rape, cries in first interview after Games

Steven van de Velde, Olympian convicted of rape, cries in first interview after Games

August 13, 2024
I like this ridiculous Playdate pizza case so much I bought a Playdate

I like this ridiculous Playdate pizza case so much I bought a Playdate

August 15, 2024
Intel is bringing GPUs to cars

Intel is bringing GPUs to cars

August 9, 2024
Kamala Harris vows not to interfere with the Fed—unlike Trump

Kamala Harris vows not to interfere with the Fed—unlike Trump

August 11, 2024

About

World Tribune is an online news portal that shares the latest news on world, business, health, tech, sports, and related topics.

Follow us

Recent Posts

  • Star fund manager takes leave amid accusations of cherry picking
  • FTX Sam Bankman-Fried former partner Ryan Salame seeks to void guilty plea
  • Noah Lyles gushes over ‘fighter’ girlfriend Junelle Bromfield
  • Microsoft’s revised Recall AI feature will roll out to beta testers in October

Newslatter

Loading
  • Submit Your Content
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2024 World Tribune - All Rights Reserved!

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food

© 2024 World Tribune - All Rights Reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

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

Log In