Data and AI Propel Amazon to $2 Trillion Market Capitalization

Amazon is increasingly betting on artificial intelligence as the key to its future growth. The company plans to spend $100 billion on data centers over the next decade — significantly more than it will spend on e-commerce and warehouse infrastructure. This is largely due to market forces. Thirty-year-old Amazon rode the e-retail wave to maturity, and the company’s AWS cloud service is now the new growth engine, driving the firm past $2 trillion in market value last week. The fifth U.S. company to hit that milestone is said to be building a new chatbot it hopes will surpass ChatGPT. Amazon also announced it has hired David Luan, co-founder of AI firm Adept. Continue reading Data and AI Propel Amazon to $2 Trillion Market Capitalization

Mistral Development Tool Knows 80 Programming Languages

French startup Mistral AI has released its first large language model for coding. Codestral gives developers looking for a code-native AI tool an option to Meta’s Code Llama, Microsoft’s GitHub Copilot and Amazon Q. Fluent in 80 programming languages — including Python, C++ and JavaScript — Codestral can complete code, write tests, and augment partial code “using a fill-in-the-middle mechanism,” while reducing “the risk of errors and bugs,” according to the company. The new LLM is described as open, but its license prohibits commercial use of both Codestral and its outputs. Continue reading Mistral Development Tool Knows 80 Programming Languages

AWS CodeWhisperer Is Rebranded as Part of Amazon Q Suite

Amazon has pulled the plug on CodeWhisperer, which has been incorporated into its Q Developer product, announced at November’s re:Invent as part of an AI-powered AWS enterprise suite called Amazon Q, which also includes Q Business. Both Q Developer, which enables natural language coding, and Q Business, a data-driven productivity tool are now in general release, and Q Apps has just been added in preview, letting employees “build generative AI-powered apps from their company’s data, without any prior coding experience.” The move comes as Amazon seeks to gain ground on the Microsoft-owned GitHub’s AI coding products. Continue reading AWS CodeWhisperer Is Rebranded as Part of Amazon Q Suite

Amazon Unveils Productivity Chatbot, Gets Nvidia Superchip

Amazon Web Services is introducing Amazon Q, an AI chatbot geared toward enterprise clients who can customize it to increase productivity for their specific business needs. AWS also announced that it has updated its homegrown Graviton4 chips for a 30 percent performance boost. AWS confirmed it will be the first Big Tech firm to deploy the latest version of Nvidia’s Grace Hopper Superchip AI accelerator, and additionally will become a data center host for Nvidia’s DGX Cloud service. The announcements were disclosed at the AWS re:Invent conference in Las Vegas. Continue reading Amazon Unveils Productivity Chatbot, Gets Nvidia Superchip