Amazon develops video AI model
ReadWrite · 1d
Amazon developing major AI model, following latest Anthropic investment
Amazon renewed its commitment to Anthropic last week with a $4 billion injection into the company to take a minority stake. Both entities shared the news they are commencing a strategic collaboration in the AI space, with the startup unsurprisingly tapping Amazon Web Services as its primary cloud provider.
The Financial Express · 2d
Amazon to launch ‘Olympus’: A new generative AI model for video, image, and text processing
Last week, Amazon made an additional $4 billion investment into Anthropic, a competitor to OpenAI. This follows a similar $4 billion investment in September 2023 to capitalize on generative AI technology. Amazon could officially announce Olympus at the annual AWS re:Invent customer conference as soon as next week.
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