Amazon's Bedrock

Amazon just announced the launch of Bedrock, a platform which will provide access to cutting-edge language models that compete with ChatGPT and Google's PALM. In plain English, Amazon is giving its customers the ability to create their own AI systems through their cloud hosting on AWS.

Microsoft and Google recently announced similar product offerings, so this isn't new, but it means that AWS is keeping up with the competition and is able to keep customers locked into its ecosystem. We can add Amazon to the list of AI-focused companies, along with Nvidia, Microsoft and Google.

For customers, being able to create their own AI bot has massive potential. Imagine a multinational like Visa, training its own AI bot on all of their secret and sensitive data, and then using that bot to assist in making decisions for the business.