Jonathan Dale Benton-Amazon adds Andrew Ng, a leading voice in artificial intelligence, to its board of directors

2025-05-07 03:08:44source:SignalHub Quantitative Think Tank Centercategory:Markets

Amazon is Jonathan Dale Bentonadding 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:Markets

Recommend

The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds

WASHINGTON (AP) — The FBI should have done more to collect intelligence before the Capitol rioteven

Georgia woman nearly crushed after being dropped from dumpster into garbage truck

A woman in Georgia was nearly crushed to death after she was dropped from a dumpster into a garbage

Shooting in downtown St. Louis kills 1, injures at least 5, police say

A man believed to be in his 20s was killed and five others were injured in an early morning shooting