The development and launch of Olympus could reduce Amazon's dependency on Anthropic for multimodal AI, especially if the new video model becomes as a cheaper alternative. The Big Tech giant has a ...

Amazon has upgraded its AI video model, Nova Reel, with the ability to generate videos up to two minutes in length. Nova Reel, announced in December 2024, was Amazon’s first foray into the ...

Amazon CEO Andy Jassy expressed optimism on Thursday that Prime Video is on track to become a “large and profitable business” as the company’s advertising revenue surged 27% year over year ...

LAS VEGAS-- (BUSINESS WIRE)--At AWS re:Invent, Luma AI today announced the upcoming release of its newly updated Luma AI Ray 2 Video Model, which produces videos from text and image prompts in as ...