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AMZN

Amazon announces Nova, a new family of multimodal AI models

At its re:Invent conference on Tuesday, Amazon Web Services (AWS), Amazon's cloud computing division, announced a new family of multimodal generative AI models it calls Nova. There are four text-generating models in total: Micro, Lite, Pro, and Premier. Micro, Lite, and Pro are available today to AWS customers, while Premier will arrive in early 2025, Amazon CEO Andy Jassy said on stage. In addition to those, there's an image generation model, Nova Canvas, and a video-generating model, Nova Reel...

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TSLA

Elon Musk pay defeat sets up a 2025 legal battle that could reach the Supreme Court

Tesla pledged to keep fighting for Elon Musk's $65 billion pay to be restored, a battle that could make it all the way to the highest US court...

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AMZN

Amazon Web Services Mix Of Marvell And Trainium Still Trails Nvidia: Analyst

On Monday, Amazon Web Services (AWS) and Marvell Technology, Inc (NASDAQ:MRVL) announced an expanded relationship for AI and data connectivity products. The five-year “multi-generational” agreement covers multiple AWS products and cloud infrastructure, developing the strategic relationship. Leveraging its silicon technologies, Marvell will provide AWS with a “broad range” of data center semiconductors, including custom AI products (AWS Trainium2.0 custom AI ASIC), optical digital signal processo...

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AMZN

AWS’ new service tackles AI hallucinations

Amazon Web Services (AWS), Amazon's cloud computing division, is launching a new tool to combat hallucinations — that is, scenarios where an AI model behaves unreliably. Announced at AWS' re:Invent 2024 conference in Las Vegas, the service, Automated Reasoning checks, validates a model's responses by cross-referencing customer-supplied info for accuracy. AWS claims in a press release that Automated Reasoning checks is the "first" and "only" safeguard for hallucinations. But that's, well … puttin...

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Tracking Terry Smith’s Fundsmith 13F Portfolio – Q3 2024 Update

Fundsmith’s 13F portfolio value increased from $24.54B to $25.28B in Q3 2024. Check out the major stake increases and notable holdings...

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AMZN

Lotus partners with AWS to drive innovation in autonomous and connected vehicles

AWS will help Lotus deploy advanced technologies, including IoT, analytics, machine learning, and generative AI...

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TSLA

Stocks mixed after record highs. Movers: AT&T, Tesla, Intel, more

Here are the stocks making the biggest market moves midday...

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TSLA

Elon Musk could still pocket tens of billions more dollars. But he might have to wait a bit

Elon Musk isn’t getting the $101 billion windfall he so desperately wanted. But he’s still among the richest people on the planet and poised to get much richer in the coming years...

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AMZN

AWS Launches Trainium2 Instances for Improved AI Model Training; AMZN Stock Up Slightly

Next-generation chips set to launch in late 2025...

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AMZN

Customers Scale Their Use of Amazon Q Business as New Innovations Transform How Employees Work

LAS VEGAS, December 03, 2024--At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced new capabilities and continued momentum for Amazon Q Business, the most capable generative artificial intelligence (AI)-powered assistant for finding information, gaining insight, and taking action at work. With today's announcements, Amazon Q Business continues to innovate with new features and capabilities that help employees get tedious, time-consuming w...

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