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Can any company, big or small, really topple Nvidia’s AI chip dominance? Maybe not. But there are hundreds of billions of dollars of revenue for those that can even peel off a chunk of it for themselves, Amazon CEO Andy Jassy said this week. As expected, the company announced during the AWS Re:Invent conference the…
Right on the heels of announcing Nova Forge, a service to train custom Nova AI models, Amazon Web Services (AWS) announced more tools for enterprise customers to create their own frontier models. AWS announced new capabilities in Amazon Bedrock and Amazon SageMaker AI at its AWS re:Invent conference on Wednesday. These new capabilities are designed…
Amazon announced a new product Tuesday called “AI Factories” that allows big corporations and governments to run its AI systems in their own data centers. Or as AWS puts it: Customers supply the power and the data center, and AWS plunks in the AI system, manages it, and can tie it into other AWS cloud…
Amazon Web Services’ annual tech conference AWS re:Invent has wrapped up its first official day of programming and has already delivered an endless stream of product news. The unsurprising theme is AI for the enterprise, although this year it’s all about upgrades that give its customers greater control to customize AI agents — including one…
ChatGPT’s unwelcome suggestion for a Peloton app during a conversation led to some backlash from OpenAI customers. People feared that ads had arrived, even for paid customers. OpenAI, however, clarified that the app suggestion was not an advertisement, but instead a poor attempt to integrate an app discovery feature within conversations. In a post on…
Gradium, a startup spun out of French AI lab Kyutai (backed by French telecom billionaire Xavier Niel), launched out of stealth on Tuesday with a $70 million seed round from a who’s who of investors. The round was led by FirstMark Capital and Eurazeo, with participation from Niel, DST Global Partners, billionaire Eric Schmidt and…
A Google Search exec said that one of the company’s biggest opportunities in AI lies in its ability to get to know the user better and personalize its responses. The promise is AI that’s uniquely helpful because it knows you. But the risk is AI that feels more like surveillance than service. In a recent…
The Trump administration has agreed to inject up to $150 million into xLight, a semiconductor startup developing advanced chip-making technology, marking the third time the U.S. government has taken an equity position in a private startup and further expanding a controversial strategy that has put Washington on the cap tables of American companies. The Wall…
In a carefully worded announcement on Monday, Apple said John Giannandrea, who has been the company’s AI chief since 2018, is “stepping down” to, well, not work at Apple anymore. He’ll stick around through spring as an advisor. His replacement is Amar Subramanya, a highly regarded Microsoft executive who spent 16 years at Google, most…
On November 30, 2022, OpenAI introduced a new product to the world, innocuously describing it as “a model called ChatGPT which interacts in a conversational way.” It’s no hyperbole to suggest that ChatGPT subsequently transformed the worlds of business and tech, becoming enormously popular — it’s still in the number one spot on Apple’s free…