Amazon is racing to build an AI model called Olympus to take on ChatGPT and Bard

Nov 8, 2023 ·

Amazon is developing a new AI model, "Olympus", to compete with Google and OpenAI. This project is the largest investment in an AI model ever made by Amazon, with approximately $14 billion being spent on research and development. With this new model, Amazon hopes to challenge the dominance of Google's research-backed AI models which have been developed over several years.

The main focus of Olympus will be natural language processing, a type of AI used to understand and process human language. Amazon wants to make it easier for developers to add intelligence to their apps, and Olympus could be a powerful tool to do so. To that end, Amazon has already announced two capabilities that will be available through the platform—a natural language understanding service and a conversational AI service.

With natural language understanding, developers can use Olympus to analyze customer conversations, emails, and help desk inquiries to gain insights into customer sentiment and behavior. Meanwhile, the conversational AI service allows developers to build chatbots and virtual agents that can interact with customers in a natural way.

In addition, Amazon is also investing heavily in computer vision technology. Olympus will be able to recognize objects in images and videos, which could be very useful in applications such as automated checkout or facial recognition.

Ultimately, Amazon's goal is to make Olympus better than the competition. The company is aiming to become the go-to platform for AI development, allowing developers to easily use its technology without having to build their own from scratch. If successful, Amazon could certainly disrupt the current state of AI development.