Amazon Invests Millions of Dollars to Train Giant AI Model 'Olympus'


Amazon's AI shopping feature 'Buy For Me' faces backlash from small business owners for unauthorized data scraping and website alterations, causing pricing errors, order issues, and consumer confusion, including relisting discontinued products.....
Amazon launches the dedicated website for Alexa+, allowing users to interact directly through a browser, indicating intensified competition with ChatGPT. The new AI assistant significantly improves in speech recognition and understanding capabilities.
The Llama series of AI models developed by Meta was once highly praised, but the release of Llama4 in April 2025 sparked a trust crisis. Meta claimed its benchmark test results were excellent, but developers found the actual performance to be far below the advertised level, leading to suspicions that Meta may have used improper methods during testing.
Berkshire Hathaway invests 23% of assets in three AI firms, signaling a strategic shift towards emerging tech. Despite Buffett's traditional value investing approach, these companies have strong competitive edges and growth potential.....
Amazon CEO Andy Jassy appoints AWS veteran Peter DeSantis to lead a new AI organization, overseeing large models, in-house chips, and quantum computing.....