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  • πŸ”₯ Amazon Bet $150 Billion on AI

πŸ”₯ Amazon Bet $150 Billion on AI

PLUS: Google to charge for AI search engine πŸ”

Welcome, AI enthusiasts!

Today’s AI insights:

  • πŸ”ˆ Amazon bet $150 billion on AI

  • πŸ€– Google to charge for AI search engine

  • πŸ† Top rated Ai tools

  • πŸ—žοΈ Byte-sized news

  • πŸ˜„ AI meme of the day

Read Time: 3 mintues

AMAZON

Image Source: Getty Images

Amazon is gearing up for a significant expansion in data center infrastructure, committing nearly $150 billion over the next 15 years to bolster its capacity for AI and cloud services. This move is aimed at reinforcing Amazon's leadership in the rapidly growing AI market, expected to surge to over $1.8 trillion by the end of the 2030.

The Details:

  • Global Expansion: Amazon plans to extend its server farm hubs in northern Virginia and Oregon and establish new data centers in diverse locations including Mississippi, Saudi Arabia, and Malaysia.

  • Market Dominance: Currently leading the cloud computing market, Amazon aims to support the burgeoning demand for AI tools and services, competing with key players like OpenAI.

  • Energy Considerations: The expansion faces challenges, particularly in energy consumption, with Amazon seeking innovative solutions to meet its substantial power requirements.

Through this extensive investment, Amazon not only aims to meet the future demands of AI but also to sustain its position at the forefront of cloud computing and AI services.

GOOGLE

Image Source: Bloomberg

Google is thinking about adding "premium" AI features to its search engine, a big change from its usual free, ad-supported approach.

The Details:

  • In response to the competitive threat from ChatGPT, Google experiments with AI-enhanced search capabilities, potentially putting some advanced features behind a paywall.

  • These advanced features are being tested in Google's Search Generative Experience to see how AI can be woven into its wider services.

  • This move is about keeping up with AI developments and thinking about how it could affect Google's ad revenue and the internet economy.

Google's plan is to keep up with the AI changes in search technology, making sure it stays on top and keeps making money.

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πŸ“± Kaiber Mobile - Turn text into AI animations on iOS and Android

πŸ—£οΈVoxxio - Speak your ideas for instant visual storyboards

🌟Beacons - Creator platform for selling, marketing, and brand deals

🎡 Mubert Render - Generate royalty-free music tailored to your content

BYTE SIZED NEWS

Tech giants including IBM and Intel are collaborating to address the potential job losses due to AI automation. The AI-Enabled ICT Workforce Consortium, which includes leaders such as Cisco and Google, is dedicated to offering training programs for workers in critical ICT job roles impacted by AI. They aim to equip millions with necessary skills by 2030, although they anticipate challenges given the fluctuating demand for AI-related jobs.

Microsoft and Cloud Software Group Inc. have entered into an eight-year strategic partnership focused on revolutionizing cloud AI solutions. Within this partnership, Citrix plays a crucial role, committing to the development of innovative, integrated products.

New York City's AI chatbot is facing criticism for providing unconventional advice to small business owners, such as recommending actions that may contravene local laws. Although Mayor Eric Adams has acknowledged the chatbot's mistakes, he continues to support the controversial tool on the official government website.

AI MEME OF THE DAY

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