Amazon's 'Olympus' AI Model Aims to Rival ChatGPT and OpenAI

Amazon is reportedly investing millions in training an ambitious large language model (LLM) codenamed "Olympus" with 2 trillion parameters, potentially making it one of the largest models being trained. Led by former head of Alexa, Rohit Prasad, the team aims to develop a model that can rival top models from OpenAI and Alphabet. Amazon believes that having homegrown models could enhance its offerings on Amazon Web Services (AWS) and attract enterprise clients seeking top-performing models. While there is no specific timeline for the release of the new model, Amazon has already trained smaller models and partnered with AI startups.