What: Amazon has launched its own AI chatbot called "Q" for businesses.

Why it is important: The chatbot is entering into direct competition with OpenAI's ChatGPT, Google's Bard, and Microsoft's copilots.

"Q" is exclusively available to Amazon's AWS cloud computing customers at a monthly cost of $20 per user. It aims to perform various tasks such as summarizing uploaded documents and answering specific data-related queries.

Amazon CEO, Andy Jassy, emphasizes that "Q" offers a more secure version of an AI chatbot with controlled access to content. This is meant to address concerns about the technology's tendency to provide incorrect or inappropriate answers. AWS CEO, Andrew Selipsky, highlights that cloud customers using "Q" can restrict their chatbots to a limited and predetermined data source.

Amazon releases AI chatbot called 'Q'