As CEO of Amazon's dominant cloud computing platform AWS, Adam Selipsky is one of the most powerful people in computing at a time when the industry is racing to adopt generative artificial intelligence. Although a fan of the technology, he also has a warning for anyone trying to make sense of the moment: Some AI companies at the center of the storm are massively overhyped.
Amazon’s other main cloud rival, Google, long seen as a leader in AI development, has gone all-in on generative AI, aggressively developing a rival to ChatGPT and plugging the technology into many of its services. Although Amazon still dominates, Microsoft and Google saw their cloud businesses grow at a faster clip in the final quarter of 2024, and both credited AI for providing a boost.