Below is an article about how Amazon is challenging Nvidia with its TorchNeuron software, which allows developers to run PyTorch code on the company’s Trainium AI chips without having to rewrite code.
The free, open-source tool lowers the barrier to switching directly to Amazon’s chips. I suppose the stock rose today partly for this reason as well.
Amazon.com (NASDAQ:AMZN) launched a new tool on Monday that enables its custom AI chips to run code written in PyTorch without requiring modifications, aiming to challenge Nvidia’s (NASDAQ:NVDA) position in the AI computing market.
Amazon shares rose 5% in morning trading. Morgan Stanley designated Amazon as a “top pick.”