Amazon has launched new foundation AI models designed to generate text, images, and videos.
Unveiled during Amazon’s annual AWS conference in Las Vegas, these cutting-edge tools will enable the company to compete with the likes of Adobe and Meta.
Chief Executive Officer Andy Jassy explained that the new products, branded as “Nova” models, were developed in response to developer demands for improved latency, reduced costs, and enhanced fine-tuning techniques.
With this, Amazon aims to address reports that it has lagged behind competitors in the fast-advancing AI space.
Rohit Prasad, Amazon’s head of artificial general intelligence, commented on the company’s competitive edge, noting that the Nova models deliver faster speeds and superior capabilities at a competitive price.
“If our offerings are better, customers will naturally choose us,” Prasad stated, asserting Amazon’s prospects to succeed in the AI sector.
One of the features of the innovations, Nova Reel, allows users to generate six-second videos from a single image or text input.
The feature is expected to attract businesses looking to showcase products efficiently, with plans to extend video durations to two minutes in the near future.
Added to these, Amazon introduced Canvas, a tool for creating images from text prompts, and emphasised the inclusion of watermarking to ensure responsible use and prevent the spread of harmful content.
The applications of these tools are wide, ranging from product marketing to enhancing filmmaking workflows. However, issues about copyright infringements remain a worrisome point within the industry.
Beyond visual content, Amazon is also focusing on improving the processing and analysis of textual data. In the coming months, the company aims to release a versatile AI model capable of integrating text, images, speech, and video to produce multimodal outputs.
Another highly anticipated development is a revamped version of Amazon’s Alexa voice assistant. Known internally as “Banyan,” the project aims to leverage advanced AI to enhance accuracy and response speed.
Despite delays, Jassy assured that the updated Alexa will be available soon, bolstering the company’s voice assistant technology.
