Amazon’s Olympus To Challenge OpenAI & Microsoft’s AI Dominance
Crypto News

Amazon’s Olympus To Challenge OpenAI & Microsoft’s AI Dominance

3m"
7 months ago

Amazon, the world’s largest online retailer and technology provider, through its web services branch, AWS (Amazon Web Services), recently revealed plans to launch Olympus, a Large Language Model (LLM). According to a Reuters report, the upcoming launch of the LLM Olympus is said ...

Amazon’s Olympus To Challenge OpenAI & Microsoft’s AI Dominance

Mục lục

Amazon, the world’s largest online retailer and technology provider, through its web services branch, AWS (Amazon Web Services), recently revealed plans to launch Olympus, a Large Language Model (LLM).

According to a Reuters report, the upcoming launch of the LLM Olympus is said to have a massive impact on the tech giant’s online retail platform while also advancing features within the Alexa voice assistant on devices like the Amazon Echo, jacking up Amazon’s Web Services division.

The aforementioned project, when launched, is said to emerge as one of OpenAI’s and Microsoft’s biggest rivals, offering AI-based LLM services.

Amazon Ventures Into The Realm Of AI

Last year, Amazon delayed the launch of Titan, a group of Greek-named large language models that the tech giant is currently using in offering services to cloud clients. The launch of Titan was said to be delayed due to its inferior performance when compared to that of OpenAI’s ChatGPT.

Thereafter, the tech giant cracked down on fostering the development of a new Artificial Intelligence (AI) model that is unrivaled by any other LLM. Following the venture into the realm of AI, Amazon reportedly invested millions in training an ambitious LLM that is on par with ChatGPT.

Also read: Microsoft Partners Oracle To Boost AI Offerings, Know More Here

Amazon’s Olympus, Know All Here

According to reports, the model Olympus has almost 2 trillion parameters, making it one of the largest LLM developed. Even OpenAI’s most recent version of ChatGPT, GPT-4, is reported to have only 1 trillion parameters.

As of writing, the exact date for the completion and launch of Olympus has yet not been unveiled by the tech giant, although it is expected to be introduced sometime around December. Olympus is anticipated to outperform Amazon’s currently offered LLM, Titan.

The development of the LLM Olympus is spearheaded by Rohit Prasad, former head of Alexa, a virtual assistant technology backed by Amazon.

In other recent advancements revolving around online retail companies venturing into the realm of AI, Alibaba’s fintech affiliate, Ant Group unveiled its most recent AI model called Bailing. The Chinese tech giant has previously introduced Tongyi Qianwen 2.0, an LLM said to rival Open AI and other LLM developers.

Also read: Ripple Partners Onafriq For Cross-Border Payments In Africa, UK, Australia, & GCC

0 people liked this article

Related Articles

Crypto News
Did Simpsons Just Predict Another Crypto, Bitcoin and NFT Bull Run?
The Simpsons has a reputation for predicting major world events, from Trump’s presidency to the Ukraine-Israel war. Crypto investor EvanLuthra.eth highlighted some of the show’s 2024 predictions th...
7 months ago
4m"
Crypto News
This Altcoin Dropped by 18 Percent After Binance's Web3 Wallet Announcement!
After the Binance Web3 Wallet announcement, TWT, the token of Trust Wallet, a popular Web3 wallet, began to lose value rapidly. Continue Reading: This Altcoin Dropped by 18 Percent After Binance's ...
7 months ago
1m"
Blog
Zeebu October 2023 Recap: Bringing a Revolution as the Web3 Neobank for Telecoms
Discover the exciting journey of Zeebu in October 2023. From new listings to gaining significant media attention, join us as we recap the milestones and successes achieved.
7 months ago
3m"
Crypto News
Shiba Inu: SHIB Team Member Reveals Plans for 2024-2025
Shiba Inu (SHIB) team member “Lucie” has revealed the project’s big plans for 2024-2025. SHIB is one of the most popular crypto projects out there. However, the token price has struggled for most o...
7 months ago
3m"
Crypto News
Gala’s $GALA-powered L1, GalaChain, Comes to Binance Blockchain Week Istanbul
Istanbul, Turkey, November 8th, 2023, ChainwireGala Games is thrilled to announce that it will be participating in the upcoming Binance Blockchain Week in Istanbul, a premier gathering for blockcha...
7 months ago
3m"
Announcements
Temporarily no trading fees with iDeal payments
7 months ago
1m"