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Amazon's Trainium chip aims to be a cheaper alternative to Nvidia

Dec 04, 2024 - businessinsider.com
South Korea's president has withdrawn his martial law declaration, but the government remains in crisis with opposition lawmakers initiating impeachment proceedings. Meanwhile, Amazon is hoping to challenge Nvidia's dominance in the AI chip market with its own hardware. AWS' Trainium chip is being touted as a cost-effective alternative to Nvidia's GPUs, which are widely used for training AI models. However, Amazon faces challenges in overcoming Nvidia's CUDA software platform, which is a significant asset for developers working with AI.

In other news, Gen Z's credit card debt is becoming a problem, with the younger generation prioritizing fun over finances. Amazon's Cyber Monday sales broke e-commerce records, with US shoppers spending between $12.8 billion and $13.3 billion. Finally, BuzzFeed is facing a $124 million debt problem, which may force the digital publisher to sell assets.

Key takeaways:

  • South Korea's president has rescinded his martial law declaration, but the government remains in crisis with impeachment proceedings underway.
  • Amazon is hoping to unseat Nvidia as the king of AI chips with its new hardware, including the Trainium chip and 'UltraServers'.
  • Gen Z's credit card debt is becoming a problem, with the younger generation prioritizing fun over finances and accumulating debt at a faster rate than any other age group.
  • Intel is considering splitting off its chip factories, a move that was opposed by former CEO Pat Gelsinger. The company's interim leaders and Gelsinger's successor face a challenging situation.
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