- All big tech companies are bullish about their AI investments this year.
- Meta, Alphabet, Microsoft and Amazon all mentioned “AI” 168 times on last week’s earnings calls.
- This figure shows how much attention is being paid to artificial intelligence in Silicon Valley.
Leading technology companies are finding applications for artificial intelligence (AI) in many aspects of their business. Its CEO is happy to tell investors about his company’s efforts.
Mark Zuckerberg, Sundar Pichai, Satya Nadella, and Andy Jassy talked about their plans to use AI to enhance their products and services, create their own models, and capitalize on the boom on their first-quarter earnings call last week. rice field.
AI was mentioned a total of 168 times by Meta, Alphabet, Microsoft and Amazon, showing how much attention they pay to transformative technology.
Alphabet has the most mentions of AI, with 64. Pichai kicked off the Google owner’s call by stating that this year’s product update will incorporate “deep computer science and his AI.”
Alphabet’s CEO spoke about rolling out chatbot Bard in March, which was criticized for being “rushed” following the debut of OpenAI’s ChatGPT.
Microsoft also raved about AI, dropping the term 50 times on Tuesday’s conference call. The company doubled down on its pledge to continue investing in the company through his $10 billion investment in OpenAI.
Meta also suggests it remains bullish on AI after mentioning it 47 times on its investor conference call, with Mark Zuckerberg alone saying “AI” 27 times. He said the Facebook owner is using AI to create a “visual creation tool” for Instagram users.
Zuckerberg said the company’s AI infrastructure has been a “main driver” of its spending growth in recent years, but said it will continue to invest in AI infrastructure as new models emerge.
Amazon mentioned AI just seven times on Thursday. The e-commerce giant said it would develop a language model to be used in chatbots, but Jassy said analysts said it would cost “billions” and take “years” to develop.
He added, “There are a handful of companies that would want to invest that time and money, and Amazon would be one of them.”
Meta, Alphabet, Microsoft and Amazon did not immediately respond to requests for comment from Insiders outside of normal business hours.
Do you work for a big tech company and have an insight to share? Reach out to Jyoti Mann from your non-work device. jmann@insider.com
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