AI research at universities to get a boost from Amazon's $110 …
1 day ago — Amazon is announcing a $110 million investment for university-led research in generative AI. The program, known as Build on Trainium, will provide compute hours that allow researchers the opportunity to build new AI architectures, machine learning (ML) libraries, and performance optimizations for large-scale distributed AWS Trainium UltraClusters (collections of of AI accelerators that work ...
Amazon ready to use its own AI chips, reduce its dependence on …
1 day ago — Amazon said ‘Inferentia,’ another of its lines of specialist AI chips, is already 40 percent cheaper to run for generating responses from AI models. Gadi Hutt, senior director of business ...
Amazon Set To Introduce New AI Chips In December To Rival …
13 hours ago — Amazon’s capital spending is expected to reach $75 billion in 2024, with a large portion dedicated to tech infrastructure, up from $48.4 billion in 2023, reflecting the AI investment trend among ...
AI news at Amazon: From shopping guides to fulfillment centers
Oct 31, 2024 — New AI Shopping Guides are making it easier for customers to research products, by pairing key information about a product type in one place alongside Amazon’s vast selection, helping them make more informed shopping decisions. Customers using the U.S. app (available on iOS and Android) and the mobile site can access the AI Shopping Guide on ...
Latest news about AI at Amazon
Oct 30, 2024 — Amazon launches a powerful new generative AI-based selling assistant codenamed Project Amelia. Read the latest news and updates about how Amazon is using AI.
Amazon exceeds revenue estimates as it invests in AI | AP News
Oct 31, 2024 — Regulators have been scrutinizing Amazon’s other partnership with the AI startup Anthropic, which is using AWS as its primary cloud provider and the company’s custom chips to build, train and deploy its AI models. Amazon got some good news in September when British competition authorities cleared its partnership with Anthropic.
AWS Announces $230 Million Commitment for Generative AI …
Jun 13, 2024 — AWS Announces $230 Million Commitment for Generative AI Startups. Funds will help the next generation of startups turbocharge development of new generative AI applications and bring innovations to market faster.
Amazon pours an additional $2.75 billion into AI startup Anthropic
Mar 27, 2024 — NEW YORK (AP) — Amazon said Wednesday it is pouring an additional $2.75 billion into Anthropic, bringing its total investment in the artificial intelligence startup to $4 billion. Amazon will maintain a minority stake in San Francisco-based Anthropic, a …
Amazon Takes a Big Stake in the A.I. Start-Up Anthropic - The …
Sep 25, 2023 — Amazon said on Monday that it would invest up to $4 billion in the artificial intelligence start-up Anthropic, as the world’s biggest technology companies race to benefit from A.I....
Amazon steps up AI race with Anthropic investment | Reuters
SAN FRANCISCO, Sept 25 (Reuters) - Amazon.com (AMZN.O) on Monday said it will invest up to $4 billion in cash in the high-profile startup Anthropic, in its effort to compete with growing cloud...