Amazon rounds off $4 billion investment in Anthropic
AI start-up Anthropic is now considered a formidable competitor to ChatGPT maker OpenAI. However, it needs huge investments to stay competitive. Amazon is once again stepping in with the equivalent of 2.55 billion euros, as it had promised to do late last year.
The amount brings Amazon's total i... Read more
‘Claude 3 is better than GPT-4 and Gemini’: OpenAI has more and more competitors
Anthropic is throwing a new version of Claude into the fray against OpenAI's GPT-4. Claude 3 outperforms GPT-4, according to testing by the company. That makes Claude 3 the second LLM to outperform GPT-4. Google already beat the model with Gemini Ultra, but Anthropic says Claude 3 also outperforms ... Read more
Amazon develops more natural-sounding text-to-speech model Base TTS
Amazon researchers recently published details of a new text-to-speech model called Base TTS. This model is said to make words sound more natural than previous neural networks.
The paper shows that the new Base TTS model is the largest neural network to date in the category of text-to-speech mode... Read more
X and Amazon pay approximately no supervisory fee for European DSA
Meta and ByteDance, the company behind TikTok, discovered a gap in the fee imposed by the EU Big Tech for the DSA. X, Amazon and Snapchat would contribute virtually nothing as a result, even though they are part of wat the EU sees as Big Tech.
Meta and ByteDance will challenge the supervisory f... Read more
Amazon to save billions by extending its server lifespan to six years
From now on, Amazon servers will last a year longer. From now on, hardware will only be replaced after six years, a move that will save the company nearly a billion dollars per quarter.
Based on its research, Amazon found that it could stretch the useful life of its servers by a year. It's the s... Read more
‘Buy with Prime’ button now in more e-commerce stores due to Salesforce integration
The integration brings the Buy with Prime button to e-commerce environments using the Commerce Cloud.
Web stores can thus offer visitors the ability to purchase products directly through Amazon Prime. The integration also offers new features. For example, visitors to e-commerce stores can search... Read more
Amazon Prime Video will start showing ads
Amazon will start showing ads on its streaming platform Prime Video in select regions in late January.
Customers of the video streaming service in the US, Canada, Germany and the UK will see ads starting Jan. 29, 2024. Later in 2024, the ads will be introduced in France, Italy, Spain, Mexico and... Read more
Anthropic expects hundreds of millions in revenue in 2024
AI developer Anthropic expects to achieve sales of nearly $850 million (€770 million) in 2024. Perhaps sales could even reach $1 billion.
So writes The Information based on sources. Three months ago, the AI developer reportedly told investors that about $100 million more in revenue would be ge... Read more
Amazon announces generative AI tools we’ve known about for a long time
The public is now also introduced to the company's AI image generator. Along with the newly launched AI chatbot Amazon Q, it is clear that the company wants to keep up with the competition in the generative AI field. To show that it keeps abreast of what is going on in the field, it is adding the l... Read more
What can Amazon’s AI chatbot Q do?
Amazon is coming out with its own AI chatbot Q. The chatbot is available almost a year after everyone was introduced to the AI chatbot ChatGPT. There are a lot of competing chatbots in the market now, but so far none of them were the product of Amazon.
Amazon Q is Amazon's answer to the many AI ... Read more