Matt Garman, the new chief executive of Amazon’s cloud unit, says artificial intelligence is a race without a finish line. “It is such a foundational technology,” Garman said. “It’s just a thing that’s going to happen forever.” Garman, who became CEO of Amazon Web Services in June, is about to headline his first re:Invent, the company’s annual conference, which regularly attracts tens of thousands of attendees to Las Vegas. Each year, it is tradition for the world’s largest cloud provider to invite its chief executive to rattle off a slew of product updates in a keynote address. Garman, on Tuesday, will be sharing new features and products in areas including AI and computing, which he described as “real, needle-moving changes.” The changes that Amazon unveils do need to be revolutionary, some analysts and customers say. The cloud giant has been perceived as falling behind its tech rivals in the AI race, though it has continued to introduce new AI capabilities targeting business customers. Even in overall cloud-computing, long Amazon’s domain, its rivals are catching up. Amazon’s share of the global public cloud-computing market fell to 39% in 2023 from 39.9% in 2022, according to research and consulting firm Gartner.

Full report : AWS CEO Matt Garman kicks off his first re:Invent event by discussing upcoming “real, needle-moving” announcements, no end for the AI race, Anthropic, and more.