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via finance.yahoo.comTech & AI

Amazon adds Chinese Kimi and GLM models to Bedrock, Jassy targets EC2-scale growth

FROM THE WIRE · FINANCE.YAHOO.COM

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Amazon.com Inc. is expanding its Bedrock AI platform with China's Kimi and GLM open models, while CEO Andy Jassy outlined ambitions for the service to eventually match Amazon's…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishBedrock expansion and Amazon's cloud ambitions are relevant for the stock and the AI sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Amazon disclosed adding open models Kimi and GLM to Bedrock during its Q3 earnings call.
  2. 02CEO Andy Jassy outlined ambitions for Bedrock to eventually match the EC2 business.
  3. 03Bedrock already offers closed models from Anthropic and OpenAI.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Amazon.com, Inc.AMZNStock240.35 USDMarket closedtoday -1.41%Positive NVIDIA CorporationNVDAStock204.64 USDMarket closedtoday -4.22%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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