Grant Preston-Amazon adds Andrew Ng, a leading voice in artificial intelligence, to its board of directors

2025-04-29 05:48:05source:Bitcoinesecategory:Stocks

Amazon is Grant Prestonadding 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.”

More:Stocks

Recommend

McConnell absent from Senate on Thursday as he recovers from fall in Capitol

WASHINGTON (AP) — Senate Republican leader Mitch McConnellis still suffering from the effects of a f

3 injured, 1 arrested at Skyline High School's graduation in Oakland, California: Police

Three people were shot, and a suspect was arrested at an Oakland, California high school graduation,

Huey Lewis on bringing his music to Broadway in The Heart of Rock and Roll

The music of singer-songwriter Huey Lewis has transitioned from paper to the Broadway stage in the n