{"id":629993,"date":"2023-04-16T09:49:09","date_gmt":"2023-04-16T14:49:09","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/04\/16\/the-week-in-ai-openai-attracts-deep-pocketed-rivals-in-anthropic-and-musk\/"},"modified":"2023-04-16T09:49:09","modified_gmt":"2023-04-16T14:49:09","slug":"the-week-in-ai-openai-attracts-deep-pocketed-rivals-in-anthropic-and-musk","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/04\/16\/the-week-in-ai-openai-attracts-deep-pocketed-rivals-in-anthropic-and-musk\/","title":{"rendered":"The week in AI: OpenAI attracts deep-pocketed rivals in Anthropic and Musk"},"content":{"rendered":"
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Keeping up with an industry as fast-moving as AI<\/a> is a tall order. So until an AI can do it for you, here\u2019s a handy roundup of the last week\u2019s stories in the world of machine learning, along with notable research and experiments we didn\u2019t cover on their own.<\/p>\n

The biggest news of the last week (we politely withdraw our Anthropic story<\/a> from consideration) was the announcement of Bedrock<\/a>, Amazon\u2019s service that provides a way to build generative AI apps via pretrained models from startups including AI21 Labs<\/a>,\u00a0Anthropic<\/a>\u00a0and\u00a0Stability AI<\/a>. Currently available in \u201climited preview,\u201d Bedrock also offers access to Titan FMs (foundation models), a family of AI models trained in-house by Amazon.<\/p>\n

It makes perfect sense that Amazon would want to have a horse in the generative AI race. After all, the market for AI systems that create text, audio, speech and more could be worth more than $100 billion by 2030, according<\/a> to Grand View Research.<\/p>\n

But Amazon has a motive beyond nabbing a slice of a growing new market.<\/p>\n

In a recent Motley Fool piece<\/a>, TImothy Green presented compelling evidence that Amazon\u2019s cloud business could be slowing, The company reported 27% year-over-year revenue growth for its cloud services in Q3 2022, but the uptick slowed to a mid-20% rate by the tail-end of the quarter. Meanwhile, operating margin for Amazon\u2019s cloud division was down 4 percentage points year over year in the same quarter, suggesting that Amazon expanded too quickly.<\/p>\n

Amazon clearly has high hopes for Bedrock, going so far as to train the aforementioned in-house models ahead of the launch \u2014 which was likely not an insignificant investment. And lest anyone cast doubt on the company\u2019s seriousness about generative AI, Amazon hasn\u2019t put all of its eggs in one basket. It this week made CodeWhisperer<\/a>, its system that generates code from text prompts, free for individual developers.<\/p>\n

So, will Amazon capture a meaningful piece of the generative AI space and, in the process, reinvigorate its cloud business? It\u2019s a lot to hope for \u2014 especially considering the tech\u2019s inherent risks<\/a>. Time will tell, ultimately, as the dust settles in generative AI and competitors large and small emerge.<\/p>\n

Here are the other AI headlines of note from the past few days:<\/p>\n