Amazon sets new team to trains ambitious AI model codenamed 'Olympus' -sources

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Nov 6 (Reuters) - Amazon (AMZN.O) is investing millions in training an ambitious large language model (LLMs), hoping it could rival top models from OpenAI and Alphabet (GOOGL.O), two people familiar with the matter told Reuters...

The model, codenamed as Olympus, has 2 trillion parameters, the people said, which could make it one of the largest models being trained..

As head scientist of general artificial intelligence (AI) at Amazon, Prasad brought researchers who had been working on Alexa AI and the Amazon science team together to work on training models...

Amazon believes having homegrown models could make its offerings more attractive on AWS, where enterprise clients want to access top-performing models, sources said.. LLMs are the underlying technology for AI tools that learn from huge datasets to generate human-like responses...

In an earnings call in April, Amazon executives said the company would increase investment in LLMs and generative AI while cutting back on fulfillment and transportation in its retail business...