Amazon is forming a team to train its 'Olympus' AI model, aiming to rival OpenAI and Alphabet's large language models.
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Prasad leads project
Spearheaded by former Alexa chief Rohit Prasad, the project assembles researchers from Alexa AI and Amazon science teams.
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Two trillion parameters
With two trillion parameters, 'Olympus' could become one of the largest models in training. OpenAI's GPT-4 models, considered among the best in the field, have one trillion parameters.
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Enhanced AWS offerings
Amazon plans to enhance its Amazon Web Services offerings with in-house models like 'Olympus' for enterprise clients.
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Shifting investments
The company will increase investment in LLMs and generative AI while reducing spending on retail fulfillment and transportation.