AWS is building a $100 million AI center to keep up with increasing competition in cloud infrastructure services. Amazon’s cloud unit, commonly known as AWS, is building a $100 million solution to catch up with Microsoft and Google in the market for generative artificial intelligence. According to Bloomberg, the upcoming AWS Generative AI Innovation Center…
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A pair of postings on Amazon’s jobs website indicates the company is planning to implement advanced AI search features in its online web store. Amazon is preparing to develop and implement a new “search” functionality for its online web store featuring a ChatGPT-like interface. A pair of job postings first spotted by Bloomberg spell out…
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While Musk left the board of OpenAI in 2018, the launch of the new AI startup will place Musk among other tech giants, such as Google and Microsoft, to build next-gen AI. Tech entrepreneur Elon Musk is reportedly developing plans to create an artificial intelligence (AI) startup to compete with ChatGPT-maker OpenAI, one of the…
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AWS is launching Bedrock, an AI service that will allow users to build out generative models from AI21 Labs, Anthropic, Stability AI and Amazon. Generative artificial intelligence models such as ChatGPT have taken the technology world by storm as they threaten to permeate the mainstream. With the announcement of Bedrock, it’s clear that Amazon is…
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The e-commerce giant Amazon has officially jumped on the NFT bandwagon, an email sent out to at least one customer suggests. According to the email, Amazon has already launched some type of “digital token” that can be stored in a “gallery.” The digital tokens also appear to be something that can be bought and sold…
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After dropping below $26,000 per unit, the price of bitcoin, the leading digital asset by market capitalization, is still up 9.6% since last week. However, its price has decreased by 6.5% in the last 24 hours. Out of the 7,316 companies, crypto assets, precious metals, and exchange-traded funds worth more than $82 trillion in value,…
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Amazon’s foray into the NFT and Web3 space is eagerly anticipated, with reports indicating that the tech giant is gearing up to launch its new initiative next month. As per sources, around fifteen collections are expected to be available from the launch date of March 24, under the “Amazon Digital Marketplace” tab…. Read More: NFTs…
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The first two months of 2023 haven’t seen a slowdown in trademark filings, with recent filings covering automotive, clothing and fast-moving consumer goods. Despite a broader downturn in related markets, multinational corporations don’t appear to have slowed down on their trademark applications covering Web3, crypto, nonfungible tokens (NFTs), and the metaverse. The month of February…
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The online marketplace giant, Ebay, is seeking to fill several positions in the area of Web3 and non-fungible token (NFT) technology, according to several Linkedin job postings. Ebay is looking for a “creative crypto attorney” for the marketplace, Knownorigin, which it acquired in June 2022. Big Corporations Still Seek Workers to Manage Crypto and Blockchain…
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The price of AVAX has more than doubled in 2023 but a growing divergence between several key metrics hints at a bearish reversal ahead. Avalanche (AVAX) bulls should brace themselves for impact led by a growing divergence between severalkey indicators on the daily-timeframe chart. AVAX price chart paints bearish divergence The daily AVAX chart shows…
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