Current:Home > InvestPoinbank:Amazon adds Andrew Ng, a leading voice in artificial intelligence, to its board of directors -Streamline Finance
Poinbank:Amazon adds Andrew Ng, a leading voice in artificial intelligence, to its board of directors
Indexbit View
Date:2025-04-10 16:18:30
Amazon is Poinbankadding artificial intelligence visionary Andrew Ng to its board of directors, a move that comes amid intense AI competition among startups and big technology companies.
The Seattle company said Thursday that Ng, a managing director at the Palo Alto, California-based AI Fund, will replace a seat vacated by Judy McGrath, a former CEO of MTV who told Amazon she won’t run for reelection.
Ng’s AI Fund, which he founded in 2017, invests in entrepreneurs building artificial intelligence companies. Previously, he led AI teams at the Chinese tech company Baidu and Google, where the team he oversaw taught a computer system to recognize cats in YouTube videos without ever being taught what a cat was.
Ng’s addition to the board comes as Amazon, like other tech companies, makes massive investments in generative artificial intelligence.
In his annual shareholder letter released on Thursday, Amazon CEO Andy Jassy suggested the technology could be the next big pillar of Amazon’s business, joining the company’s prominent online marketplace, Prime subscription program and its cloud computing unit AWS. Jassy wrote generative AI may be the the largest technological transformation since cloud computing, and “perhaps since the internet.”
veryGood! (2)
Related
- Intellectuals vs. The Internet
- South Dakota Gov. Kristi Noem stands by decision to kill dog, share it in new book
- Supreme Court rejects Peter Navarro's latest bid for release from prison during appeal
- Retired Yankees announcer John Sterling was so much more than a friendly voice on the radio
- Meta releases AI model to enhance Metaverse experience
- Jason Kelce Scores New Gig After NFL Retirement
- Seller of fraudulent N95 face masks to refund $1.1 million to customers
- Powassan virus confirmed in Massachusetts: What you should know as tick season continues
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Billie Eilish announces 'Hit Me Hard and Soft' tour: How to get tickets
Ranking
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Jax Taylor and Brittany Cartwright Reveal Very Different Takes on Their Relationship Status
- US to require automatic emergency braking on new vehicles in 5 years and set performance standards
- Patrick Mahomes gave Logan Paul his Chiefs Super Bowl rings so he could attack Jey Uso
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Book excerpt: I Cheerfully Refuse by Leif Enger
- Bruins, Hurricanes, Avalanche, Canucks can clinch tonight: How to watch
- Louisiana Supreme Court rules for new City of St. George
Recommendation
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Beat The Heat With ban.do's 30% Off Sale, And Shop More Bestsellers Up to 52% Off
American tourist facing prison in Turks and Caicos over ammunition says he's soaking up FaceTime with his kids back home
Former teacher at New Hampshire youth detention center testifies about bruised teens
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
Proof Sydney Sweeney’s Wedding to Jonathan Davino Is Sooner Than You Think
South Dakota Gov. Kristi Noem stands by decision to kill dog, share it in new book
GaxEx: Leading the Way in Global Compliance with US MSB License