Amazon CEO Andy Jassy goes wobbly on AI bubble possibility
theregister.co.ukCould one of the most prominent tech company leaders be less-than-enthused about the AI economy? In an interview, Amazon CEO Andy Jassy didn't dismiss the idea that the AI bubble could pop, despite his company's massive investments in the technology.
Speaking to CNBC's Becky Quick at the Davos World Economic Forum, Jassy hedged on whether he thought AI companies' worth is being inflated by circular deals between model makers and infrastructure providers like his own Amazon Web Services.
Asked point blank by Quick whether high-level AI deals were circular, with the CEO-soothing caveat that "it doesn't look like that's what [Amazon] are involved in," per Quick, Jassy said it's all about both sides seeing an opportunity to make money.
"The AI labs are consuming gobs and gobs of compute right now," Jassy said. "And … they're trying to find ways to fund that compute ...
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