Amazon Web Services will invest $1 billion to establish a new AI division.

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Mars Finance News, July 1st – On June 30th local time, Amazon Web Services (AWS), the cloud computing platform under U.S. tech giant Amazon, announced it will invest $1 billion (approximately 6.8 billion RMB) to establish a new artificial intelligence division, specifically dedicated to helping clients build and deploy AI systems. AWS stated that it plans to deploy thousands of frontline engineers, and the relevant teams will work closely with clients' business, R&D, and security departments. In just a few weeks, they can help clients set up self-operating technical teams and deliver complete AI solutions. Foreign media reports indicate that AWS is the world's largest cloud service provider by revenue and the first hyperscale cloud vendor to launch this type of dedicated on-site engineer service. (CCTV Finance)
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