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 ...

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 ...

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 ...

One of Amazon’s big advantages has been its Prime membership, which includes a massive library of streaming video content. It’s estimated that there are 200 million Amazon Prime members and ...