Amazon just announced a new AI chip: find out more

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on Nov 28, 2023
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  • Amazon announced the Trainium2 chip at its Reinvent conference today.
  • The tech behemoth also unveiled the Graivton4 processor on Tuesday.
  • Amazon stock has rallied more than 20% over the past thirty days.

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Amazon.com Inc (NASDAQ: AMZN) announced a new artificial intelligence chip – the “Trainium2” at its Reinvent conference today. Its shares are still slightly in the red at writing.

What we know about the Trainium2

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Trainium2 will be four times more powerful than its predecessor in terms of overall performance.

Databricks – a startup based out of San Francisco and Anthropic in which the tech behemoth itself invested about $4.0 billion in September (read more) will use the new chip to build their models added Amazon Web Services on Tuesday.

AWS brought in $23.1 billion in revenue (in line with expectations) in the multinational’s latest reported quarter.

The announcement arrives only days after peer Microsoft Corp unveiled its Maia 100 AI accelerator. $AMZN has rallied more than 20% over the past thirty days.

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Amazon unveils Graviton4 processor

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Also today, Amazon.com Inc announced a more cost efficient Graviton4 processor at its conference in Las Vegas that it claims performs up to 30% better than its predecessor.

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The Arm-based general-purpose processor that consumes less energy than same-league products from rivals AMD and Intel will be commercially available in a few months.

AWS will also enable access to the H200 – an in-demand graphics processing unit by Nvidia Corp, as per the tech behemoth that reported “record-breaking” sales at its eCommerce platform from Black Friday through Cyber Monday this year.

Wall Street currently has a consensus “buy” rating on $AMZN which could benefit from the recent Sam Altman episode at OpenAI (find out more).

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