Amazon has launched five new capabilities to its SageMaker service, including Sagemaker HyperPod, which accelerates large language and foundation model training and tuning. Sagemaker HyperPod is said to shorten the training time by up to 40 percent using its purpose-built infrastructure designed for distributed training at scale. By optimizing acceleration, SageMaker Inference reduces foundation model deployment costs by 50 percent and latency by 20 percent on average, Amazon claims. “SageMaker HyperPod removes the undifferentiated heavy lifting involved in building and optimizing machine learning infrastructure,” said Amazon. Continue reading SageMaker HyperPod: Amazon Accelerates AI Model Training

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

The U.S. saw record Cyber Monday sales, with shoppers dropping $12.4 billion, according to Adobe Analytics, which tracked roughly 1 trillion retail website visits resulting in purchases of more than 100 million products. Top-selling items included Hot Wheels toys, Microsoft’s Xbox Series X game console, televisions and small kitchen appliances. Spending was up by 9.6 percent over last year’s event, according to Adobe, which crowned Cyber Monday 2023 “the biggest online shopping day of all time.” Although consumers continue to fret about the economy, sales were propelled by discounts and offers to “buy now, pay later.” Continue reading Cyber Monday Marks Biggest U.S. Online Shopping Day Ever

Amazon’s new Thin Client is a new $195 device that allows enterprise users to connect to virtual desktop environments, such as Amazon WorkSpaces, using the Internet and a box as compact as the Fire TV Cube. In fact, the Thin Client leverages Fire TV Cube hardware, allowing Amazon to tap existing expertise from the e-retail giant’s streaming media player division. However, Thin Client “is not for spending time watching Thursday Night Football, or bingeing ‘Invincible,’” but aims to convenience workers while reducing technology costs and enhancing security for enterprise, the company says. Continue reading Amazon Thin Client Connects Employees to Virtual Desktops

Nvidia logged another record quarter, with Q3 revenue of $18.12 billion, up 206 percent from a year ago and a 34 percent increase from Q2 that exceeded both its own and analyst projections. The surge, attributed to increasing demand for the chips that drive artificial intelligence, logged primarily under Nvidia’s data center results a record $14.51 billion, up 279 percent from the prior year and 41 percent from Q2. Profits swelled to $9.2 billion, a stunning 1,259 percent increase from 2022’s $680 million. The results for Nvidia’s Q3 were for the three-month period ending October 31. Continue reading Nvidia Sales Surge as Rivals Circle and China Sanctions Loom

Just four days after being pushed out by the OpenAI board, Sam Altman will be reinstated as CEO of the company he co-founded. His return as chief executive was announced in a series of online posts. In addition, most of the company’s board members will be replaced. Following Altman’s firing, Microsoft CEO Satya Nadella had announced Altman would lead a new advanced AI research team to run independently within Microsoft. However, hundreds of OpenAI employees, including co-founder and board member Ilya Sutskever, continued to push for Altman’s return, threatening to quit if he was not reinstated. Continue reading In Latest Twist, Sam Altman Is Reinstated as CEO of OpenAI

Rumors were running rampant over the weekend as an unanticipated executive shuffle played out at OpenAI. It began on Friday when CEO Sam Altman was pushed out by the OpenAI board. President and co-founder Greg Brockman quickly resigned in solidarity, followed by several top researchers. Reports circulated the following day that investors were pressuring the board into reconsidering its decision, but by Sunday evening, OpenAI announced that former Twitch leader Emmett Shear would serve as the new interim chief. Shortly after, Microsoft CEO Satya Nadella said Altman, Brockman and other OpenAI employees would join Microsoft to lead an advanced AI research unit. Continue reading Sam Altman Joins Microsoft After Abruptly Ousted by OpenAI

Amazon continues its push into social shopping, partnering with Snapchat to allow sale of some products to U.S. users directly through the app. Amazon’s Snapchat ads will display real-time pricing, Prime eligibility and delivery estimates, as well as product details. Snapchat users will be able to link their Amazon accounts via a one-time set-up, with purchases defaulting to their preferred Amazon payment method and shipping address (unless otherwise specified). Both Amazon products and those through the e-commerce giant’s independent sellers will be included in the program. Continue reading Snapchat Latest Social Site to Link Amazon for In-App Sales

Meta Platforms is offering its social media users a “more seamless shopping experience” by inviting them to link their Amazon accounts to Facebook and Instagram so purchases will complete without having to leave the apps when clicking on display ads. “The opt-in experience will allow you to see real-time pricing, Prime eligibility, delivery estimates and product details on select Amazon product ads in Facebook and Instagram,” according to Meta. In the past year, Meta has made improvements to its online ad system, leveraging artificial intelligence to counter the effect of Apple’s 2021 privacy changes. Continue reading Meta, Amazon Team for In-App Shopping on Social Platforms

Google is rolling out a suite of AI-powered marketing tools designed to help small businesses make the most of the holiday sales season. Merchants can add a “small business” attribute to their Search and Maps results and generate advertising and promotional materials using something called Product Studio. “Eighty-four percent of people say supporting local and/or small businesses is important to them, so we’re making it easier to find them on Google,” the company writes. Products and businesses with the “small business” label “will make it easier for shoppers to narrow down their searches and be intentional about shopping.” Continue reading Google Debuts Generative AI Tools Aimed to Help Merchants

After launching a subscription-only music streaming service in territories around the world this past summer, TikTok is now moving into concerts and e-ticketing. The ByteDance company’s first live global music event will be “TikTok In The Mix,” featuring Cardi B, Niall Horan, Anitta and Charlie Puth, along with surprise guests and new artists from the TikTok Elevate program. Taking place December 10 at Sloan Park in Mesa, Arizona, the show will integrate elements of the For You feed, with “a range of activities inspired by the TikTok community’s favorite trends.” Continue reading TikTok Dives into Live Music with Its First Concert Experience

The Connectivity Standards Alliance (CSA) is releasing an update to its smart home connectivity standard. Matter 1.2 adds nine new device types, including robot vacuums, washing machines, refrigerators and dishwashers. New certification and testing tools and core improvements to the specification and SDK are also rolling out in this major new release for the standard, which debuted a little over a year ago for things like door locks and light switch controls. In theory, Matter-compliant devices will be able to be controlled by smart home platforms like Amazon Alexa, Apple Home, Samsung SmartThings and Google Home. Continue reading Matter Adds Major Appliances with 9 New Device Categories

Amazon now has more than 750,000 robots that relieve warehouse employees from some intensely repetitive tasks. Just in time for the holiday shopping rush, the company is adding a new robotic technology, Sequoia, which is already operating at a fulfillment center in Houston, Texas. Amazon says Sequoia is a complete “reimagining” of how inventory is stored and managed, resulting in a 75 percent improvement in how inventory is identified and housed, and also improves employee safety. Amazon is also expanding its robot workforce with the addition of a bipedal robot called Digit, from Agility Robotics. Continue reading Amazon Introduces New Robots to Improve Fulfillment Speed

Right on schedule and after a rocky start, Microsoft has closed the $69 billion acquisition of Activision Blizzard that regulators in the U.S. and UK had challenged. Big Tech is celebrating the move as a signal that their cash reserves can still be used to target expansion. The deal is consumer tech’s largest since AOL purchased Time Warner in a 2000 deal valued at more than twice that. Until now, Microsoft’s games unit, built around Xbox, has been a modest part of the company’s immense portfolio — representing just over 7 percent of total sales, or revenue of about $15 billion. Continue reading Microsoft Closes $69 Billion Acquisition of Activision Blizzard

Swedish fintech company Klarna, whose online payments platform claims to work with 500,000 merchants worldwide, is debuting an AI-powered shopping lens. As with in-app lens tools from Google and Amazon, the Klarna lens lets shoppers snap pictures of items or styles then use its app to find out where to buy using a “search and compare” filter. Klarna claims its camera feature can visually identify over 10 million items and match them with more than 50 million store offers. “Klarna uses AI to translate the image into a search term,” turning it into “a shoppable item,” the company explains. Continue reading Klarna AI Image Search Takes Aim at the E-Commerce Space