Olympus: Amazon's AI Game Changer!
ALSO: AI Closes Deal: First-Ever Bot-Negotiated Contract!
Read time: 2 minutes
Welcome, fellow AI enthusiasts!
Today Amazon's 'Olympus' muscles in on the AI arena, AI lawyers are closing deals without the handshake, and IBM's half-billion bounty is juicing up enterprise AI. Let's navigate the new tech tide and dive in…
TODAY'S SCOOP
Top Notch AI News in a Flash
Amazon is pouring millions into 'Olympus’
AI Lawyers Seal the Deal
5 Useful AI Tools
Superman Around the Globe (AI IMAGE)
TOP-NOTCH NEWS BITES
IBM kicks off a massive $500 million fund to propel enterprise AI ventures.
Barack Obama weighs in on the impact of AI and what's ahead for the internet's evolution.
Huawei is set to challenge Nvidia with its new AI chip 'Ascend910B'.
Microsoft teams up with venture capitalists to grant startups complimentary access to AI chips.
YouTube is experimenting with generative AI for new features like comment summarization and interactive conversation tools.
NAVIGATING AI REALMS
Amazon Assembles a Dedicated Team to Nurture 'Olympus', its Ambitious AI Model Project
Amazon is pouring millions into 'Olympus,' a large language model aimed at competing with OpenAI and Alphabet's AI.
Amazon's latest leap into AI is nothing short of Herculean, as they pull back the bow on "Olympus", their monumental large language model. With a colossal 2 trillion parameters, it's sizing up to be a Goliath in a field where giants like OpenAI's GPT-4 currently roam.
Helmed by the mastermind behind Alexa, Rohit Prasad, the project aims to unify Amazon's AI might, fueling speculation of a formidable new player in the realm of responses so human, they might just say 'please' and 'thank you'. Yet, Amazon keeps mum, letting actions—and investments—speak louder than words, as they wager on Olympus to outshine rivals on AWS, offering enterprise clients a slice of AI heaven.
In this high-stakes arena where data is king and computing power the kingdom, Amazon's Odyssey into LLMs signals a bold pivot from parcels to parameters.
TECH & AI
AI Lawyers Seal the Deal: Autonomous Contract Negotiation Achieved
In an unprecedented leap for legal tech, Luminance's AI just showed the world that contract negotiation isn't just for humans anymore. Their AI systems, born from a bespoke large language model, autonomously went toe-to-toe, hashing out contract terms without a single human whisper.
Glucina from Luminance envisions a future where AI doesn't just assist lawyers but takes the wheel, turning paperwork marathons into sprints. From the first word to the last signature in DocuSign, the AIs operated in a digital dance of legal wit, leaving human minds free for the bigger picture.
Autopilot is the name of the game here, far outpacing its sibling chatbot Lumi, and providing a glimpse into a future where AI could be the new face of initial legal labor.
TREASURE TOOLBOX
Magic Studio: Whip up stunning product photos quickly—minutes, not days!
Seowriting: Craft SEO-friendly articles, blogs, and affiliate content in one click, auto-post to WordPress in 48 languages, complete with AI images.
Magic Eraser: Effortlessly erase objects, people, or text from your images in seconds, completely free and no signup needed!
Height: The project management tool that scales with you, adapting as your team expands to foster a more connected company.
Mango SEO: Elevate your small business with the ultimate tool for mass content creation and smart, automated SEO for every keyword.
AI ART
Superman If He Had Grown up in Different Countries
Thats a wrap for today. Thanks for tuning in!
Stay tuned for more from The AI Experience.
P.S. If you'd like to subscribe or share with a friend or colleague, you can find us here.