Amazon just developed a new multimodal AI model code-named Olympus that can process images and videos alongside text, according to The Information. The model aims to let users search video scenes with simple text prompts and lessen AWS's heavy reliance on Anthropic's Claude, despite Amazon recently pumping an additional $4 billion into the startup. An official reveal could drop as early as next week at AWS re:Invent.
Amazon is reportedly developing a new chatbot codenamed Metis, powered by its upcoming Olympus AI model rather than Titan. The tool leans on retrieval-augmented generation (RAG) to pull real-time data, with CEO Andy Jassy directly involved in the effort. Insiders say it could launch as early as September, though some within the company worry it may be too late to catch OpenAI and Google.
Amazon is developing a massive new AI model codenamed Olympus to catch up with rivals OpenAI and Google. Overseen directly by CEO Andy Jassy, the model reportedly features two trillion parameters and could power Alexa and Amazon's online store as soon as December. Why it matters: After falling behind in generative AI, Amazon is ready to throw serious compute behind proprietary foundation models.
