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Alphabet Inc (GOOGL) A.I. Tools Will Work With Amazon AWS Soon

GOOGL – Google’s TensorFlow artificial intelligence technology will soon be much easier to use on Amazon AWS instances.

Alphabet Inc (NASDAQ:GOOGL) is one of the world’s leading makers of sophisticated artificial intelligence (A.I.) tools, and developers will soon be able to leverage the technology on Amazon’s AWS platform.

As CNBC reports, Amazon is about to introduce a new service dubbed Ironman that will make it much easier to implement various data sets:

AWS plans to make it easier for people to use a Google-created technology called TensorFlow, an open-source framework for deep learning — a trendy type of AI that companies can use for image recognition, speech recognition, language translation and other processes. Google made TensorFlow available under an open-source license in 2015, and the library is now widely used among researchers.

Interestingly, Google offers its own cloud service that provides a version of TensorFlow. Amazon’s new service will compete directly with Google’s toolset — albeit they won’t be equipped with the tensor-specific processing chips that Google’s servers have.

Amazon could in time offer its own flavor of similar tool-specific chips, although there’s no indication that they will do so yet.

Alphabet Inc shares were trading at $1,037.74 per share on Tuesday afternoon, down $3.46 (-0.33%). Year-to-date, GOOGL has gained 30.95%, versus a 16.79% rise in the benchmark S&P 500 index during the same period.

GOOGL currently has a POWR Rating of A (Strong Buy), and is ranked #1 of 50 stocks in the Internet category.

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