Amazon is training a large language model called Olympus with twice the parameters of GPT-4


Amazon CEO Andy Jassy appoints AWS veteran Peter DeSantis to lead a new AI organization, overseeing large models, in-house chips, and quantum computing.....
Amazon CEO Andy Jassy announced that Peter DeSantos, a senior AWS executive, will lead a newly established artificial intelligence organization, focusing on AI models, chip development, and quantum computing to enhance AI tool performance. DeSantos has worked at Amazon for 27 years, including 8 years as Senior Vice President at AWS. AWS supports about one-third of global internet services, and this move aims to strengthen Amazon's competitiveness in the enterprise AI field.
Rohit Prasad, Amazon's Senior Vice President and Chief Scientist, will resign at the end of the year. He was responsible for establishing the General Artificial Intelligence department, reporting directly to the CEO, and tasked with leading Amazon back to the forefront of AI. During his tenure, he launched an AI model that garnered significant attention.
Amazon is negotiating with OpenAI for a potential investment exceeding $10 billion, which could boost OpenAI's valuation to over $500 billion. OpenAI will leverage Amazon's cloud computing and chip technology to advance AI development, driven by its achievements in language models and image generation and growing market demand.....
OpenAI is in talks with Amazon for over $10 billion in funding and plans to use Amazon's self-developed AI chip Trainium to diversify computing power supply, helping Amazon challenge Nvidia's dominance and boost its chip influence.....