The competition heats up as Amazon and Samsung join the AI race
- Amazon and Samsung are entering the AI race to challenge market leaders Microsoft and Google
- Amazon’s AI model, code-named ‘Olympus,’ is expected to have two trillion parameters, surpassing GPT-4’s reported one trillion parameters
- Samsung unveiled its own AI model, named Gauss, which could enhance its Galaxy smartphones and compete with Apple’s iPhones
Amazon and Samsung have recently joined the race to dominate the artificial intelligence (AI) market, posing a challenge to current leaders Microsoft and Google. Amazon is investing in its own AI model, code-named ‘Olympus,’ which is expected to surpass the size and complexity of Microsoft’s GPT-4 and Google’s PaLM. With two trillion parameters, Olympus could upend the AI race in the US. Meanwhile, Samsung unveiled its AI model, Gauss, which has the potential to enhance its Galaxy smartphones and compete with Apple’s iPhones. As the competition intensifies, the future of AI dominance remains uncertain.
Factuality Level: 7
Factuality Justification: The article provides information about the competition between Amazon, Microsoft, Google, and Samsung in the field of artificial intelligence. It mentions the development of AI models by each company and compares their sizes in terms of parameters. The information is sourced from Reuters and The Wall Street Journal. However, the article lacks specific details about the AI models and their capabilities, and it does not provide a comprehensive analysis of the competition. Therefore, the factuality level is rated at 7.
Noise Level: 3
Noise Justification: The article provides information about the competition in the AI model market, mentioning Amazon, Microsoft, Google, and Samsung. It briefly discusses the size and complexity of the AI models but lacks in-depth analysis or insights. The article also mentions the potential impact of these AI models on the companies’ stocks. Overall, the article contains relevant information but lacks depth and actionable insights.
Financial Relevance: Yes
Financial Markets Impacted: The article mentions Amazon, Microsoft, Google, and Samsung Electronics, all of which are major players in the technology industry. Any developments or advancements in AI models by these companies can have an impact on their respective stock prices and the overall technology sector.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article discusses the competition among technology companies in the field of artificial intelligence, specifically in the development of AI models. While there is no mention of any extreme events or significant impacts, the information provided is relevant to financial markets as it involves major companies in the technology industry.
Public Companies: Amazon (AMZN), Microsoft (MSFT), Google (GOOGL), Alphabet (GOOGL), Samsung Electronics (005930.Korea), Apple (AAPL)
Key People: NOAH BERGER (Getty Images for Amazon Web Services)
Reported publicly:
www.marketwatch.com 
