Managing and optimizing AWS infrastructure costs is a critical challenge for organizations of all sizes. Traditional cost analysis approaches often involve the following: Complex spreadsheets – Creating and maintaining detailed cost models, which requires significant effort Multiple tools – Switching between the AWS Pricing Calculator, AWS Cost Explorer, and third-partyContinue Reading
Training a frontier model is highly compute-intensive, requiring a distributed system of hundreds, or thousands, of accelerated instances running for several weeks or months to complete a single job. For example, pre-training the Llama 3 70B model with 15 trillion training tokens took 6.5 million H100 GPU hours. On 256Continue Reading
This post was written by Claudiu Bota, Oleg Yurchenko, and Vladyslav Melnyk of AWS Partner Automat-it. As organizations adopt AI and machine learning (ML), they’re using these technologies to improve processes and enhance products. AI use cases include video analytics, market predictions, fraud detection, and natural language processing, all relyingContinue Reading
The report The economic potential of generative AI: The next productivity frontier, published by McKinsey & Company, estimates that generative AI could add an equivalent of $2.6 trillion to $4.4 trillion in value to the global economy. The largest value will be added across four areas: customer operations, marketing andContinue Reading
In the rapidly evolving digital content industry, multilingual accessibility is crucial for global reach and user engagement. 123RF, a leading provider of royalty-free digital content, is an online resource for creative assets, including AI-generated images from text. In 2023, they used Amazon OpenSearch Service to improve discovery of images byContinue Reading
This post is co-written with Deepali Rajale from Karini AI. Karini AI, a leading generative AI foundation platform built on AWS, empowers customers to quickly build secure, high-quality generative AI apps. GenAI is not just a technology; it’s a transformational tool that is changing how businesses use technology. Depending onContinue Reading
As generative AI moves from proofs of concept (POCs) to production, we’re seeing a massive shift in how businesses and consumers interact with data, information—and each other. In what we consider “Act 1” of the generative AI story, we saw previously unimaginable amounts of data and compute create models thatContinue Reading
wellesenterprises/iStock Editorial via Getty Images Archer Daniels Midland (NYSE:ADM) said Friday its previously planned joint ventures with LG Chem to make materials for plant-based products such as bioplastics will not move forward, citing high costs. “Since we originally announced our two joint ventures with LG Chem for lactic and polylacticContinue Reading
pcess609 The Consumer Price Index comes out on Thursday at 8:30 AM, providing fresh data on whether the Federal Reserve’s tight policy is succeeding in pushing inflation down toward its 2% goal. On average, economists expect the headline CPI number to rise 0.1% in June, vs. 0.0% in May. ThatContinue Reading
Manchester United (NYSE:MANU) reported a wider third-quarter loss on Wednesday as the English soccer club tackled surging operating expenses and saw segment revenues decline sharply from last year. For the full year, the club expects to generate revenue of about £660 million, revised from the previously provided forecast range ofContinue Reading
