As a part of its ongoing efforts to increase its market share in the rapidly growing artificial intelligence market, Amazon (AMZN, Financial) Web Services (AWS) has declared its plans to release an unprecedented new AI supercomputer. This supercomputer yet, called Project Rainier, will use the Trainium chips developed by AWS; it is designed to be one of the largest for training AI models. Due to being completed by 2025, the project will shatter performance benchmarks, with over five times the current leading AI systems.
After the announcement, Amazon's Oracle stock showed a humble 1% rise in response to the company's proposed AI focus. AWS partnered with AI founder Anthropic, and it has already allocated $8 billion to advance the Trainium technology. It will employ the supercomputer to train Anthropic's AI. This comes as part of the broader measures to popularize Trainium as an organization that is more affordable than Nvidia's GPUs, which occupy the AI hardware market dominion. Also, more recently, AWS has provided information about a new Ultraserver designed for AI training. While Trainium chips may not be incorporated into Apple devices until the second half of 2021, they are already being prepared to be used in internal AI projects. It is important to note that the company is seriously promoting AI into results by investing $100 billion into AI infrastructure over the next ten years to unseat Nvidia (NVDA, Financial).
