AWS Launches $100 Million Innovation Centre for Generative AI

Amazon Web Services is expanding its cloud computing business by launching a new center that will focus on developing AI. The $100 million investment, which will be made over five years, will be used to develop new applications that can help businesses improve their productivity and efficiency. The Generative AI Innovation Center is being led by Deepak Yalagandula, vice president and general manager for AWS Canada East.

The Toronto centre will develop new applications to boost productivity and innovation

The center, which will be located in Toronto, will focus on creating new applications to drive productivity and innovation. It’s part of AWS’ efforts to build up its business in the public cloud market by making it easier for enterprises to move workloads onto the company’s platform. It also comes at a time when many AI startups are struggling to find their own funding and investments in the space are expected to slow in 2019.

AWS is making it easier for corporations to shift workloads to its platform to grow its public cloud business

This is part of AWS’ efforts to build up its business in the public cloud market by making it easier for enterprises to move workloads onto the company’s platform. The center will be located in Toronto and will open sometime this year, according to sources familiar with the matter.

It’s also worth noting that Microsoft has been making investments in AI research as well; last month it announced plans to invest $2 billion over five years into generative AI research at Microsoft Research and other parts of its organization.

The investments in AI are just one piece of Microsoft’s overall strategy to grow its cloud business, with the company spending billions of dollars on new data centers and other infrastructure over the past few years. The company recently announced plans to open a new Azure-focused data center facility in Dublin, Ireland; that facility will be operational by 2020.

Amazon has been making big strides in the public cloud space over the past few years, with its AWS business growing at a rapid pace; it’s now one of the top three providers of infrastructure services globally. Last week, Amazon announced plans to open a new data center facility in Frankfurt, Germany; that facility will be operational later this year.

The launch of the new center comes at a time when many AI startups are struggling to find their own funding. Investments in the space are expected to slow in 2019, according to CB Insights, which tracks venture capital and private equity deals.

AWS is hoping that internal research initiatives like this one can help build up its cloud business–the company’s bread and butter–at a time when it faces competition from Microsoft Azure and Google Cloud Platform (GCP), among others.

The initiative could also lead to new applications for AWS customers that drive innovation in areas like machine learning, deep learning and natural language processing (NLP).

The AWS Artificial Intelligence Center will be led by Dr. Eric Brown, who joined the company in September 2018 after a decade as a professor at Carnegie Mellon University (CMU). He is also the co-director of CMU’s Robotics Institute. In November 2018, Brown published a paper in Science with his colleague Professor Andrew Moore, which outlined some of the challenges and opportunities for AI research over the next decade.

While AWS does not disclose its revenue, analysts estimate that the cloud computing giant generated $25 billion in sales last year. At the same time, Microsoft Azure and Google Cloud Platform are both growing at a faster rate than Amazon Web Services (AWS). This could be due to their ability to offer more flexible pricing options for customers or simply because they were first-movers in the space.

The center is being led by Deepak Yalagandula, vice president and general manager for AWS Canada East.

Yalagandula has been with AWS since 2014 and previously worked at Cisco Systems, Microsoft and IBM. He holds a PhD in computer science from the University of Waterloo and has worked on the development of Amazon’s artificial intelligence platform. He’s also an expert in cloud computing and serves as a member of Canadian Cloud Council.

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The expansion of the Toronto-based AWS office comes as Amazon is set to open a new data centre in Montreal later this year and has plans for another one in Alberta. The company also announced it would be adding 700 new jobs in British Columbia, bringing its total workforce there to more than 1,000 people.

Amazon is also building a new office in Vancouver and plans to add 1,000 employees over the next two years. The company has been rapidly expanding its presence in Canada over the last few years as it looks to tap into the country’s tech talent and build out its cloud computing services.

The company opened its first Canadian office in Vancouver in 2012 and has since expanded to Toronto and Montreal. It also announced plans to open an artificial intelligence research lab in Edmonton earlier this year.

AWS hopes internal studies like this will boost its cloud business

AWS is hoping that internal research initiatives like this one can help build up its cloud business. This isn’t the first time AWS has launched an internal research initiative to push the boundaries of AI technology.

In 2016, Amazon launched a new product called DeepLens that makes it easier for developers and businesses to build smart cameras using machine learning tools from Amazon Web Services (AWS). The company’s new Generative AI Innovation Center is being led by deepak yalagandula, who joined AWS in 2014 as director of machine learning before being promoted last year.

He also serves on the board of directors for Accel Partners and Spark Central; he spoke at last year’s World Economic Forum in Davos Switzerland about how artificial intelligence could be used throughout society–from medicine to transportation systems.”

The new center will be located in AWS’s Seattle headquarters and will focus on developing AI research that can be used across the company’s products. This is another sign that Amazon is doubling down on its cloud business, which has been growing rapidly in recent years while other parts of the company have struggled.

Last week, AWS announced a new service called Fargate that lets developers run applications without having to manage servers or clusters themselves; it also recently launched a new blockchain service for enterprises looking to use distributed ledger technology

Conclusion

The center is part of AWS’ efforts to build up its business in the public cloud market by making it easier for enterprises to move workloads onto the company’s platform. It also comes at a time when many AI startups are struggling to find their own funding and investments in the space are expected to slow in 2019.

AWS has been steadily improving its AI services since 2016. It opened an AI center in Munich last year and announced that it would be hiring 1,000 people to work on machine learning and artificial intelligence at the facility by 2020.

The new center will be located in the University of Washington’s computer science building. It will be run by Amazon VP and distinguished engineer James Hamilton and AWS senior vice president for artificial intelligence Ralf Herbrich.

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Hello, my name is Musa, and I am a writer specialising in business accounting and news. With over 10 years of experience in the industry, I have established myself as a knowledgeable and reliable source of information in the field.

I graduated from the University of Toronto with a degree in Accounting and finance and went on to work in various accounting firms, where I gained valuable experience in financial analysis, auditing, and taxation. However, I soon realised that my true passion lay in writing about the world of business.

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