AWS: AI Costs Plummeting at Record Rate

Amazon Web Services (AWS) Chief AI and Technology Officer Matt Wood said that the cost of delivering artificial intelligence is falling rapidly, making it more accessible to businesses and users.

According to Wood, the cost of delivering a given level of AI intelligence is decreasing by one or two orders of magnitude every three to six months. This decline in costs is attributed to improving efficiency as companies learn how to operationalize frontier models and run them at lower cost.

AWS has invested $220 billion in infrastructure, which Wood defended as necessary for customer demand and internal business metrics.