Amazon unveils new AI models, Trainium chips. AWS CEO discusses.
Amazon (AMZN) Web Services (AWS) is currently hosting its 2024 re:Invent conference, running from December 2 to December 6, 2024, in Las Vegas, Nevada. The annual event brings together cloud computing professionals, technology experts, and industry leaders to explore the cloud providers' latest innovations, discuss emerging technologies, and provide insights into AWS's strategic developments. On Asking for a Trend, host Josh Lipton welcomes AWS CEO Matt Garman alongside Yahoo Finance's Madison Mills to explore Amazon Web Services' ambitious artificial intelligence growth strategy. The discussion centers on AWS's latest product innovations, including the launch of Trainium 2 ultra servers, Trainium 3 chips, and Nova AI models. Garman also provides insights into new platform features designed to enhance consumer experiences and solidify AWS's position in the competitive AI technology landscape. Additionally, Garman details the company's approach to maintaining and expanding market share in the AI chip market, addressing how AWS plans to differentiate itself from competitors — while exploring AWS's long-term growth strategy. Garman also explains AWS's approach to the tariff policies being proposed by President-elect Donald Trump. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Angel Smith
