Amazon Expands AGI Efforts with Adept AI Acquisition

Amazon hires executives from Adept AI, including CEO David Luan, for its AGI project to develop autonomous AI tools.

Adept AI, valued at over $1 billion, raised $350 million in 2023, specializing in AGI that mimics human-like thinking.

Adept will operate independently with a product-focused mission post-acquisition, integrating AGI expertise into Amazon’s AI strategy.

Amazon aims to use Adept’s technology to automate software workflows and enhance AI solutions for consumers and enterprises.

This move reflects Amazon's strategic expansion into AI amidst reaching a $2 trillion market valuation, bolstered by AI-driven investor interest.