Amazon CEO Andy Jassy highlights plans to reduce costs in the company’s fulfillment network while maintaining strong performance in cloud services and advertising. Main Points: Amazon’s CEO Andy Jassy commits to further cost reduction in the fulfillment network amidst a backdrop of robust cloud spending and a thriving advertising sector.Continue Reading
Amazon commits an extra $2.75 billion to Anthropic, aiming to lead in the artificial intelligence sector. Main Points: Amazon announces a follow-up investment of $2.75 billion in AI startup Anthropic, bringing its total investment to $4 billion, marking its largest external investment to date. Anthropic, recognized as a leading competitorContinue Reading
Amazon introduces Rufus, a generative AI chatbot designed to streamline the shopping process by offering detailed insights into products and categories, making shopping more efficient and less time-consuming. Innovative Shopping Assistant: Rufus operates within the Amazon app, offering a swipe-up feature for easy access, and is trained on Amazon’s vastContinue Reading
Amazon researchers have developed BASE TTS, a groundbreaking large language model for text-to-speech, showcasing unprecedented “emergent” abilities and setting new benchmarks in conversational AI with its innovative approach and scalable versatility. Key Points: Unparalleled Scale and Performance: BASE TTS is the largest text-to-speech model to date, with 980 million parameters,Continue Reading