"It's very early days in generative AI," said Jassy, who succeeded Jeff Bezos as CEO in 2021.
Davidson, told CNBC that Amazon was "caught flat-footed" by the generative AI boom.
During a Q&A session on Wednesday, Jassy was asked twice about the status of Amazon's generative AI efforts.
He said the company is "seeing a lot of momentum" in generative AI within AWS to where it's now a multibillion-dollar business based on annualized revenue.
Amazon has previously said it intends to use generative AI to make Alexa more conversational.
Persons:
Noah Berger, Andy Jassy, OpenAI's ChatGPT, Adam Selipsky, Jassy, Jeff Bezos, Matt Garman, Gil Luria, Davidson, Luria, Bezos, Selipsky, Casey McGee, McGee, Anthropic, Dario Amodei, OpenAI, it's, Garman, Amazon, wasn't, Dilip Kumar, Kumar, Swami Sivasubramanian, Jamie Meyers, Meyers, Matt, Jordan Novet, Kate Rooney
Organizations:
Web Services, Getty, Amazon, Microsoft, Google, D.A, CNBC, Amazon Web, Alexa, AWS, Nvidia, ChatGPT, Accenture, Toyota, Nasdaq, Investments
Locations:
Las Vegas, Vegas, Bezos, Anthropic