Gold prices tick higher on fresh US tariff threats, Fed rate cut hopes
Investing.com -- Amazon.com (NASDAQ:AMZN) has established a new group dedicated to agentic artificial intelligence (AI), as revealed by an internal email. The group will be overseen by AWS executive Swami Sivasubramanian, who previously held the position of vice president of AI and data, according to Reuters.
The email, sent by AWS CEO Matt Garman, indicated that Sivasubramanian will report directly to him. According to Garman, agentic AI, which automatically performs tasks for users without needing prompts, could become the next multi-billion business for AWS.
Amazon last week showcased some of these automated capabilities when it announced an updated version of its voice service, Alexa. The new version is planned for release later this month.
Garman expressed optimism about the potential of AI agents in the email, stating that they could accelerate innovation for their customers and unlock more possibilities.
A representative for Amazon has not yet responded to requests for comment.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.