What's happened
At the AWS re:Invent conference, Amazon Web Services announced its new AI supercomputer powered by Trainium2 chips, aiming to compete with Nvidia. The company also highlighted its partnership with Anthropic and plans for future AI chip developments, amidst growing competition in the generative AI market.
Why it matters
What the papers say
According to the South China Morning Post, AWS's new supercomputer will utilize 64 Trainium2 chips, aiming to outperform Nvidia's offerings. AWS CEO Matt Garman emphasized the cost savings associated with their chips, stating that some AI models could be trained at 40% lower costs compared to Nvidia. Meanwhile, TechCrunch highlighted Garman's challenges in addressing perceptions of AWS trailing behind Microsoft and Google in the generative AI race. Business Insider UK noted AWS's plans to expand partnerships with consulting firms to tap into a $250 billion market, indicating a strategic shift towards leveraging external relationships for growth.
How we got here
AWS is responding to increasing competition in the AI chip market, particularly from Nvidia, which currently holds a dominant position. The introduction of the Trainium2 chips and the partnership with Anthropic are part of AWS's strategy to enhance its AI capabilities and market share.
Common question
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More on these topics
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Amazon Web Services is a subsidiary of Amazon providing on-demand cloud computing platforms and APIs to individuals, companies, and governments, on a metered pay-as-you-go basis.
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Anthropic PBC is a U.S.-based artificial intelligence startup public-benefit company, founded in 2021. It researches and develops AI to "study their safety properties at the technological frontier" and use this research to deploy safe, reliable models for
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Amazon.com, Inc., is an American multinational technology company based in Seattle, Washington. Amazon focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence.
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Las Vegas, officially the City of Las Vegas and often known simply as Vegas, is the 28th-most populated city in the United States, the most populated city in the state of Nevada, and the county seat of Clark County.
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Accenture plc, is an Irish-domiciled multinational professional services company. A Fortune Global 500 company, it has been incorporated in Dublin, Ireland since 1 September 2009.