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Amazon Enters The Generative AI Race

With some estimates valuing the generative artificial intelligence (AI) market at $110 billion by 2030, Amazon is getting involved in the action. 🤖

Today the tech giant announced Amazon Bedrock, which provides a way to build generative AI-powered apps using pre-trained models from startups like AI21 Labs, Anthropic, and Stability AI. However, rather than taking on the risk of building its own AI models, it’s allowing third parties to host their models on Amazon Web Services (AWS).

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