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In a recent annual letter to shareholders, Amazon CEO Andy Jassy highlighted the company's significant investment in artificial intelligence (AI). He noted that while the development and deployment costs of AI remain high, future AI usage costs are expected to decrease significantly as technology advances. Image Note: Image generated by AI, image licensing provider Midjourney. Jassy revealed that Amazon plans to invest up to $100 billion in capital expenditures in 2025.

Amazon on Monday unveiled Nova Act, a general-purpose AI agent capable of controlling web browsers and independently performing simple operations. Also launched was the Nova Act SDK, allowing developers to build agent prototypes using Nova Act. Developed by Amazon's newly established AGI lab in San Francisco, Nova Act will also provide key functionality for the company's upcoming Alexa+ (the generative AI-enhanced version of Amazon's voice assistant). However, the currently released version of Nova Act is...

At the re:Invent conference on Tuesday, Amazon Web Services (AWS) announced the launch of its new multimodal generative AI model series - Nova. The released Nova series includes four text generation models: Micro, Lite, Pro, and Premier, as well as the image generation model Nova Canvas and the video generation model Nova Reel. Amazon CEO Andy Jassy stated that the Micro, Lite, and Pro models will be available that day.

A startup team from Mexico City, 'Somewhere Someone', successfully attracted collaboration from Adidas by designing a football team jersey using artificial intelligence, showcasing the integration of technological innovation and traditional craftsmanship. The team created innovative product concept images through AI image generation technology, particularly incorporating traditional Mexican embroidery elements into the design of the Adidas-styled national team jersey, capturing global attention. This design not only enhances the unique appeal of the product but also provides economic independence opportunities for over 3,000 artisans, potentially impacting 15,000 people. Adidas' involvement not only promotes...

New Jersey has launched a $5 billion tax incentive plan aimed at positioning the state as a hub for artificial intelligence innovation in the United States. The governor has signed legislation that offers tax credits and financial support to eligible AI companies, requiring them to establish operations in the state and hire a certain number of employees. This plan aims to attract AI companies, increase job opportunities, and boost economic development; however, it is important to note that tax incentives may not necessarily lead to significant job creation, particularly in specific industries such as data centers.

Recently, Arcee AI has officially launched its latest open-source language model — Arcee-Nova. This new model, based on Qwen2-72B-Instruct, has quickly emerged in the open-source community as one of the most outstanding models. Evaluations show that Arcee-Nova's performance is nearly on par with GPT-4 from May 2023, marking a significant milestone for Arcee AI and bringing new hope to the entire AI community.Arcee-Nova is a sophisticated model that combines Qwen2-72B-Instruct with a custom-tune

New Jersey Governor Phil Murphy has announced a new policy to guide state government employees in the use of generative artificial intelligence. The policy will provide training courses to help employees understand the development, use, and risks associated with AI. It requires appropriate use and transparency of generative AI tools and mandates independent fact-checking of their outputs.