Amazon has invested $4 billion into Anthropic and partnered with the firm to make its AI models available on Bedrock, Amazon's platform for building generative AI applications. In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Dario Amodei, co-founder and CEO of artificial int...
Rufus is also just the latest AI-centric shopping tool Amazon has invested in. The tech giant has recently been flooded withAI-generated summaries of products, a feature announced last August. As Mashable's Cecily Maurannoted, the reviews are helpful in theory, but a quick search on the plat...
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Since its inception in 2020 with $2 billion in funding from Amazon, the Climate Pledge Fund has invested in more than 31 companies that create products, services, and technologies to protect the planet. The fund has announced three new investments in startups as part of a shared goal to re...
Amazon has shown to be a very innovative company that is willing to spend big to win big, so with AI being a big opportunity, it is not a company I would count out. As the leader in cloud computing and e-commerce, Amazon continues to have a bright future ahead. The sto...
Amazon Web Services has offered AI app developers access to models from Anthropic, Meta and many other providers. Amazon has invested $8 billion in Anthropic.Prices have been falling rapidly for software developers renting AI models via cloud computing services. AI model makers typically split ...
The rising interest in AI is well reflected in the dollars being invested in AI-focused startups. According to research firmCB Insights, equity funding of AI startups peaked last quarter, with more than $1 billion being invested globally. More than $6 billion has been invested into such st...
The term generative AI entered the mainstream and business vernacular seemingly overnight, and the field has exploded over the past year, with a record $29.1 billion invested across nearly 700 deals in 2023, according to PitchBook. OpenAI's ChatGPT first showcased the tech's ability to produce...
The success of OpenAI's ChatGPT, a chatbot released last year that is able to generate poems, essays and other works with just a short prompt, has led to billions being invested in the field. Amazon had already announced it aimed to soup up its Alexa voice assistant with generative AI, ...
In 2023, OpenSearch Service invested in eliminating the heavy lifting required to build next-generation search applications. With features such as search pipelines, search processors, and AI/ML connectors, OpenSearch Service enabled rapid development of search applications powered by neural search, hybrid...