The Generative AI News (GAIN) rundown wrapping up an active September had more big stories than any other week of the month. The tech giants were out in force once again with news from Amazon, Meta, and OpenAI. Featured stories this week include:

Amazon Goes Long on Anthropic, and Bedrock Gets a Boost - Amazon’s $4 billion investment in Anthropic is more evidence that, at one level, large language models (LLM) are just weapons for use in the cloud wars. It is designed to capture more cloud computing revenue for AI workloads and boost the reputation of Amazon’s AI server chips. In addition, Amazon Bedrock, the foundation model garden, now has Meta’s Llama 2.
OpenAI’s Giant Valuation Increase and ChatGPT Gets an Upgrade - The reported $80-$90 billion valuation that OpenAI is pitching has many levels of nuance. However, one element that doesn’t require nuance perception is the new 2023 revenue forecast. It beat the original estimate by 5x. ChatGPT also received a big upgrade this week and saw the return of internet browsing.
Generative AI winners and losers of the week.

Generative AI News

Links to the stories we covered this week are included below.

Featured Stories of the Week 🔦

Generative AI Product Garden 🪴

Generative AI Funding Fountain 💰⛲️

Spanish Writing Generative AI Assistant Startup Correcto Raises $7M

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