Amazon's Investment in AI: Amazon is investing $100M into its AWS Generative AI Innovation Center to aid clients in AI product development, challenging rivals like Microsoft's Azure and Google​
Google's Anti-Money Laundering AI: Google has introduced an Anti-Money Laundering AI tool exclusively for banks, which has reduced false alarms and increased the number of positive alerts in initial deployments​​.
OpenAI's AI Software App Store: OpenAI is planning to launch a marketplace for selling AI models developed using its technology
Advancements in AI Art Generators: AI art generators like Stable Diffusion and Midjourney have announced upgrades to their models, pushing the boundaries of text-to-image transformations.
Generative AI Job Postings Up 20% In May: Generative AI-related job postings in the United States jumped about 20% last month.
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