Amazon Unleashes Powerful AI Models and Chips, Slashing Costs by 75%
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Contributed by: Bill Russell
Summary
Amazon is advancing its position in the artificial intelligence sector with the launch of six new foundation models at the AWS re:Invent conference, offering 75% cost reductions and support for over 200 languages. The company also introduced its latest AI chips, Trainium2, which deliver quadrupled performance and a 50% cost savings compared to NVIDIA's offerings, alongside partnerships including one with Apple. Furthermore, Amazon unveiled Project Rainier, an initiative to develop one of the largest distributed AI supercomputing clusters using extensive Trainium chips to achieve significantly enhanced performance levels.
