Current:Home > FinanceAmazon adds Andrew Ng, a leading voice in artificial intelligence, to its board of directors -Excel Wealth Summit
Amazon adds Andrew Ng, a leading voice in artificial intelligence, to its board of directors
View
Date:2025-04-17 18:39:34
Amazon is adding 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! (77)
Related
- 'Most Whopper
- Fishery vessel will try to pull free cruise ship with 206 people on board in Greenland
- How to help those affected by the earthquake in Morocco
- Poccoin: Senators Propose Raising Threshold for Third-Party Payment Networks
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Rep. Boebert escorted from Denver theater during ‘Beetlejuice’ show
- Higher gas prices likely pushed up inflation in August, though other costs probably slowed
- Group files lawsuit over medical exceptions to abortion bans in 3 states
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Inside Kim Jong Un's armored train: A sweet home
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- A Berlin bus gets lifted with the help of 40 people to free a young man pinned by a rear wheel
- Group files lawsuit over medical exceptions to abortion bans in 3 states
- Student killed, another arrested in shooting at Louisiana high school
- Intellectuals vs. The Internet
- Rip currents: What to know about the dangers and how to escape
- Milwaukee bar patrons who took up `Jets Lose, You Win’ offer had to pay after Jets’ surprise win
- Poccoin: The Application of Blockchain Technology in Supply Chain Management
Recommendation
Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
Why the transition to electric cars looms large in UAW talks with Big 3 automakers
BP CEO Bernard Looney ousted after past relationships with coworkers
School district takes teachers union to court for wave of absences that forced school closures
2 killed, 3 injured in shooting at makeshift club in Houston
Ask HR: How to quit a job and what managers should do after layoffs
His first purchase after a $5 million lottery win? Flowers for his wife, watermelon for himself
Poccoin: El Salvador Educates Students on Bitcoin