Amazon.com Inc. AMZN CEO Andy Jassy highlighted the potential of the company’s AI chatbot, “Q”, to revolutionize software development during the first quarter 2024 earnings call.
What happened: On Tuesday’s call, Jassy talked about the central role of “Q” in the future of software development. He said the AI chatbot would make it easier for developers to transition from Microsoft Windows to Linux.
“Today, developers can save months by using Q to move from older versions of Java to newer, more secure and better performing versions,” he said, adding: “In the near future, Q will also help developers transform their dotNET code, helping them move from Windows to Linux.
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Jassy also said that “Q” is not only a code generator but also a code tester, debugger and transformer. The Amazon CEO highlighted its unique feature, “agents,” which can autonomously perform various tasks, from implementing features to making software upgrades.
“Developers can collaborate with the agent to review and iterate on the plan, then the agent implements it, connecting multiple steps together and applying updates across multiple files, code blocks, and test suites. » “It’s very practical,” concluded Jassy.
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Why is this important: The potential for “Q” to transform the software development landscape is significant, especially given Amazon’s recent financial performance.
The company reported first-quarter net revenue of $143.3 billion, a 13% year-over-year increase, beating the Street consensus estimate of $142.5 billion , according to data from Benzinga Pro.
However, “Q” had its share of challenges. In January this year, the AI chatbot was criticized for producing incorrect results, or “hallucinations”, due to a rushed launch and the deployment of a less capable version of Claude AI from Anthropic model.
AMZN Price Action: At the time of writing, Amazon shares were up 1.23% after hours at $177.16, according to data from Benzinga Pro.
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Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga Publishers.
