Hello, There’s a new challenger in the quick commerce arena: Amazon. Amazon India is reportedly set to launch its quick commerce business, tentatively named Tez, by December 2024 or early next year. Amazon India, which is primarily planning to offer groceries and daily essentials through the arm, is setting up dark stores and finalising the SKUs and logistics for the operation. With this, the ecommerce company is one of the last big firms to join in on the quick commerce race in the country. Globally, Amazon is aiming much higher than groceries and household items. This time, it’s working towards an ambitious goal: loosening NVIDIA’s iron grip on the $100 billion AI chips market. Hidden away in an Austin engineering lab, Amazon’s engineers are busy designing an alternative to NVIDIA’s chips, the current iteration of which may just be a make-or-break moment for the company. While Amazon may not release a chip anytime soon, is NVIDIA’s supremacy under threat? Developments in the AI sector are, at this point, a waiting game, with new use cases to explore each day. Case in point: AI in music and audio. NVIDIA is exploring a new AI model for generating music and audio that can modify voices and generate novel sounds. Its version can generate sound effects and music from a text description, and even take in and modify existing audio, for example, taking an audio clipping of a recorded speech and changing the accent. While it has no immediate plans to publicly release the technology anytime soon, executives at the company believe it will “bring new capabilities to music and video games”. It’s far from the only company dipping into text-to-audio capabilities of AI. In today’s newsletter, we will talk about - Content creation with GenAI
- A LinkedIn for healthcare professionals
- Edodwaja brings mobile STEM labs
Here’s your trivia for today: Which garden flower’s name means “nose twister”?
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