LAS VEGAS, Dec 3 (Reuters) - Amazon ( AMZN ) announced a

new slate of artificial intelligence platforms, known as

foundation models, at its annual AWS conference, allowing for

text, image and video generation among other things.

The new offerings pit it against rivals like Adobe

and Meta which are racing to serve customers who want

to automate more of their services.

Amazon's ( AMZN ) CEO Andy Jassy announced the new "Nova" models on

Tuesday. Developers, he said, had a list of desires, prompting

the new services. "They want better latency. They want lower

cost. They want the ability to do fine tuning."