Amazon is reportedly racing to build an AI model called Olympus to take on ChatGPT and Bard

• Amazon is working on a new AI model that could challenge the likes of ChatGPT and Bard.
• The new model, which is codenamed “Olympus,” is reportedly twice the size of OpenAI’s GPT-4. 
• Amazon is doubling down on AI, investing $4 billion in Anthropic and unveiling an AI-powered Alexa.

Amazon is building a new AI model codenamed “Olympus” as it seeks to catch up with rivals OpenAI and Google.

The tech and commerce giant is developing the large language model with the aim of incorporating it into its online store and Alexa smart speakers, according to a report by The Information.