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ETCentric StaffApril 3, 2024
Amazon has added $2.75 billion to its initial September 2023 investment of $1.25 billion in Anthropic, completing its announced $4 billion stake in the artificial intelligence startup formed in 2021 by former members of OpenAI. As part of the resulting strategic collaboration, Anthropic’s most powerful models, including the Claude 3 series, are available on Amazon Bedrock, a service providing fully managed foundation models. Anthropic is using Amazon Web Services as its primary cloud provider and Amazon says Anthropic will use AWS Trainium and Inferentia chips “to build, train, and deploy its future models.” Continue reading Amazon Increases Its Investment in Anthropic AI to $4 Billion
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ETCentric StaffMarch 26, 2024
The European Commission has opened five investigations targeting Apple, Google, Meta and Amazon with regard to its new Digital Markets Act (DMA) antitrust rules. Under examination are steering practices with regard to Google and Apple and their app stores, potential “self-preferencing” tactics by Google and Amazon, Meta’s “pay or consent” policy for ad targeting, Apple’s compliance with “user choice” obligations, and also its recent App Store price adjustments for third parties. The vetting is expected to last for 12 months. The DMA was adopted in 2022 and goes into force this May. Continue reading EU’s Digital Markets Act Investigation Targets Big Tech Firms
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ETCentric StaffMarch 21, 2024
Deepgram’s new Aura software turns text into generative audio with a “human-like voice.” The 9-year-old voice recognition company has raised nearly $86 million to date on the strength of its Voice AI platform. Aura is an extremely low-latency text-to-speech voice AI that can be used for voice AI agents, the company says. Paired with Deepgram’s Nova-2 speech-to-text API, developers can use it to “easily (and quickly) exchange real-time information between humans and LLMs to build responsive, high-throughput AI agents and conversational AI applications,” according to Deepgram. Continue reading Deepgram’s Speech Portfolio Now Includes Human-Like Aura
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ETCentric StaffMarch 19, 2024
Apple researchers have gone public with new multimodal methods for training large language models using both text and images. The results are said to enable AI systems that are more powerful and flexible, which could have significant ramifications for future Apple products. These new models, which Apple calls MM1, support up to 30 billion parameters. The researchers identify multimodal large language models (MLLMs) as “the next frontier in foundation models,” which exceed the performance of LLMs and “excel at tasks like image captioning, visual question answering and natural language inference.” Continue reading Apple Unveils Progress in Multimodal Large Language Models
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ETCentric StaffMarch 18, 2024
Robotics firm Figure AI is getting a lot of attention for its humanoid robot, Figure 01, which the company unveiled along with news that it has raised $675 million, for a $2.6 billion valuation, from investors including OpenAI, Nvidia, Microsoft and Amazon founder Jeff Bezos. Pronounced “Figure One,” the general purpose robot looks and moves like a human, and can perform mundane tasks like serving food as well as undesirable jobs like picking up trash. It “sees” using “onboard cameras that feed into a large vision-language model (VLM) trained by OpenAI,” according to Figure co-founder and CEO Brett Adcock. Continue reading Figure Unveils Humanoid Robot, Draws Notable Investments
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ETCentric StaffMarch 14, 2024
Perplexity is a year-old AI startup whose conversational “answer engine” has gained attention as a potential challenger to conventional search. Two months ago the venture raised $73.6 million in Series B funding from investors including Nvidia and Amazon founder Jeff Bezos via his Bezos Expeditions, resulting in a valuation of about $520 million. Now the company is said to be finalizing another cash infusion that is predicted to double its valuation to roughly $1 billion. The current financing round is reportedly being led by former Y Combinator partner Daniel Gross through his own investment fund. Continue reading AI Startup Perplexity Targets $1B Valuation with New Funding
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ETCentric StaffMarch 6, 2024
Anthropic has released Claude 3, claiming new industry benchmarks that see the family of three new large language models approaching “near-human” cognitive capability in some instances. Accessible via Anthropic’s website, the three new models — Claude 3 Haiku, Claude 3 Sonnet and Claude 3 Opus — represent successively increased complexity and parameter count. Sonnet is powering the current Claude.ai chatbot and is free, for now, requiring only an email sign-in. Opus comes with the the $20 monthly subscription for Claude Pro. Both are generally available from the Anthropic website and via API in 159 countries, with Haiku coming soon. Continue reading Anthropic’s Claude 3 AI Is Said to Have ‘Near-Human’ Abilities
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ETCentric StaffFebruary 23, 2024
Apple Sports is a new free app for iPhones that delivers real-time scores, stats and more via a GUI designed by Apple. Available to download from the App Store in the U.S., Canada and UK, the app currently tracks Major League Soccer, Premier League soccer, the National Basketball Association, men’s and women’s NCAA basketball, and the National Hockey League, among others. More sports will be added over time, Apple said, mentioning Major League Baseball and the National Football League. The concept is designed to keep fans continuously connected to their favorite teams while driving Apple TV tune-in. Continue reading Apple Sports App Provides Stats, Real-Time Scores and More
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ETCentric StaffFebruary 22, 2024
Walmart is acquiring Vizio in a deal valued at $2.3 billion. The retail giant is following a template established by Amazon by expanding into entertainment media and connected TV advertising. The majority of Vizio’s growth from the last five years has come from ads on its WatchFree+ platform, which offers more than 260 channels, Walmart said touting a deal point. Vizio’s primary business is manufacturing value-priced TV sets. It also makes soundbars. The deal will instantly vault Walmart into a mix of players including Amazon, Roku, Samsung Ads and Google’s YouTube. Continue reading Walmart Bolsters Advertising Business with Vizio Acquisition
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ETCentric StaffFebruary 21, 2024
Researchers at Amazon have trained what they are calling the largest text-to-speech model ever created, which they claim is exhibiting “emergent” qualities — the ability to inherently improve itself at speaking complex sentences naturally. Called BASE TTS, for Big Adaptive Streamable TTS with Emergent abilities, the new model could pave the way for more human-like interactions with AI, reports suggest. Trained on 100,000 hours of public domain speech data, BASE TTS offers “state-of-the-art naturalness” in English as well as some German, Dutch and Spanish. Text-to-speech models are used in developing voice assistants for smart devices and apps and accessibility. Continue reading Amazon Claims ’Emergent Abilities’ for Text-to-Speech Model
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ETCentric StaffFebruary 15, 2024
Nvidia is investing $30 billion in a new business unit focused on custom chips for high-performance computing. The company already controls about 80 percent of the advanced chip market but wants to avoid losing ground as alternatives spring up. Alphabet, AWS, Intel and AMD market high-end processors to third-parties, and Meta is expected to begin deploying its own Artemis AI chips this year. Nvidia has had discussions with Amazon, Google, Meta, Microsoft and OpenAI about helping them create bespoke chips and is also talking to automakers, cloud service providers (CSPs) and telecom companies, according to reports. Continue reading Nvidia to Launch Unit Devoted to Building Custom HPC Chips
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ETCentric StaffFebruary 12, 2024
The U.S. has established the AI Safety Institute Consortium (AISIC), uniting artificial intelligence researchers, creators, academics and other users across government, industry and civil society organizations to support the development and deployment of safe and trustworthy AI. The group launches with more than 200 member entities ranging from tech giants Google, Microsoft and Amazon to AI-first firms OpenAI, Cohere and Anthropic. Secretary of Commerce Gina Raimondo announced the move the day after naming Elizabeth Kelly director of the new U.S. AI Safety Institute, housed at the National Institute of Standards and Technology (NIST). Continue reading U.S. AI Safety Institute Consortium Debuts with 200 Members
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ETCentric StaffFebruary 9, 2024
Amazon’s net sales for Q4 were $170 billion, a 14 percent increase year-over-year. For the full year 2023, net sales were up by 12 percent to $574.8 billion. “This Q4 was a record-breaking holiday shopping season and closed out a robust 2023 for Amazon,” CEO Andy Jassy said in the recent earnings release. The results included October Prime Day and holiday season shopping. Outstanding Q4 performers included ad sales, up 27 percent to $14 billion, and Amazon Web Services, which brought in $24.2 billion, growing 13 percent.”What we’re most pleased with is the continued invention and customer experience improvements across our businesses,” Jassy added. Continue reading Growth in Ad Sales, AWS Drive Amazon Profit Up 200 Percent
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ETCentric StaffFebruary 8, 2024
Nvidia and Cisco Systems want to simplify the process of creating in-house AI computing infrastructure with a new joint service offering end-to-end artificial intelligence solutions that aim to allow any enterprise firm to host its own AI data center. Along with its own networking gear, Cisco will globally broker Nvidia AI software and GPU cloud products along with jointly configured “purpose-built Ethernet networking-based solutions.” European cloud services provider ClusterPower is an early customer, using the new offering “to help drive data center operations with innovative AI/ML solutions.” Continue reading Cisco and Nvidia Team to Offer Help Developing In-House AI
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ETCentric StaffFebruary 8, 2024
The Linux Foundation has launched the Post-Quantum Cryptography Alliance, a collaborative approach to research and development aimed at taming the data security threats posed by quantum computing. The PQCA is presenting itself as turn-key source for companies and projects looking for production-ready libraries and service packages that support compliance with the National Security Agency’s new cybersecurity standards for government contractors or would like to provide themselves and their clients with safety precautions equal to “top secret” NSA classification. Founding members include Amazon Web Services, Cisco, Google, IBM and Nvidia. Continue reading Linux Foundation Intros Post-Quantum Cryptography Alliance