The Weekly

The Weekly #10

Curated News

Amazon is taking on Nvidia

Amazon Web Services (AWS) has made a number of big moves with the announcement of a supercomputer called Project Rainier. The supercomputer uses a new server and hundreds of thousands of its homegrown Trainium AI chips. It's believed this move is to reduce reliance on GPUs made by Nvidia. AWS already has a big customer of this new technology in Anthropic, which Amazon has already invested $4 billion into.

Ads might be coming to ChatGPT

We recently saw the announcement from AI search company Perplexity that they were bringing ads to their platform, and it now seems that Open AI could be following them. While it's believed OpenAI CEO Sam Altman is far from keen on ads, the recent hire of ex-Google exec Shivakumar Venkataraman suggests the company could be making plans. Even though OpenAI is generating revenue from paying subscribers and API fees, the insane costs of running LLM's might mean they need to look at further revenue sources.

AI could negatively impact musical creators

A recent report commissioned by the International Confederation of Societies of Authors and Composers (CISAC) suggested that AI will have a significant negative impact on individuals in the music and audiovisual industries. The report cites a potential loss by creators of 24% in music and 21% in audiovisual by 2028. On the other hand, revenues of Gen AI services in music and audiovisual are projected at €9 billion in 2028, up from €0.3 billion now