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Search resuls for: "David Luan"


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The front desk of the Amazon office is pictured in New York, May 1, 2019. Amazon is ramping up its development of artificial intelligence technology, hiring top talent from AI agent startup Adept and licensing the company's technology. Luan will oversee Amazon's "AGI Autonomy" division, and report to Prasad, he wrote in the memo, which CNBC obtained. Amazon's cloud unit has launched a range of AI services, including its own models, which are generally viewed as lagging behind the top competitors. Last month, Amazon announced Adam Selipsky, the head of Amazon Web Services, would be stepping down and succeeded by Matt Garman, the head of sales at marketing at AWS.
Persons: Rohit Prasad, David Luan, Luan, Prasad, Geekwire, Anthropic, Adam Selipsky, Matt Garman Organizations: CNBC, Amazon, Microsoft, Google, Alexa, Amazon Web Services, AWS Locations: New York
Amazon will double the value of credits it offers some startups to use its cloud infrastructure, CNBC has learned, as the company faces heightened competition from Microsoft in artificial intelligence services. Seed-stage startups will still be eligible for $100,000 in credits, AWS said. But Microsoft Azure and Google Cloud are growing more quickly, and are benefiting from rapidly advancing AI models. During Selipsky's time at the helm, Microsoft and Google increased their share of the cloud infrastructure market. Participants will be able to access up to $1 million in cloud credits, according to the website.
Persons: Matt Garman, Garman, Garman's, OpenAI, Anthropic, Adam Selipsky, Grant, Amazon's, Rohit Prasad, David Luan Organizations: Amazon Web, CNBC, Microsoft, AWS, Google, Gemini Locations: Las Vegas, Silicon, Silicon Valley
May 4 (Reuters) - Two prominent former Google (GOOGL.O) researchers who authored the groundbreaking paper that paved the way for the generative AI boom, have raised $8 million for their new startup Essential AI, four sources told Reuters. Thrive Capital had led the round in Essential AI, founded by Ashish Vaswani and Niki Parmar. Thrive Capital, founded by Joshua Kushner, is also an investor in Microsoft-backed OpenAI. Essential AI aims to build software for enterprises to use large language models, the core software of a new artificial intelligence system that has powered generative AI applications such as ChatGPT, sources said. The raise came after Vaswani and Parmar left Adept AI, a company they also co-founded in 2021 with former Google director David Luan.
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