Why Amazon is paying $9 billion for MGM and James Bond

May 25, 2021By rightstech

Big tech companies have been eyeing big media companies for years — but they’ve never gotten together before. Now it’s finally, probably happening: Amazon is getting ready to pay $9 billion for MGM Holdings, the Hollywood studio that brings you James Bond and a smattering of other stuff, like the Pink Panther movies and The Handmaid’s Tale TV show.

Source: Why Amazon is paying $9 billion for MGM and James Bond

RightsTech Extra

The Future of Generative AI Might Be Smaller Than You Think

By Paul Sweeting

The distinguishing characteristic of large language models (LLMs) is, as the name implies, their sheer size. Meta’s LLaMA-2 and OpenAI GPT-4 are each comprised of well more than 100 billion parameters — the individual weights and variables they derive from their training data and use to process prompt inputs. Scale is also the defining characteristic of the training process LLM’s undergo. The datasets they ingest and are almost incomprehensively large — equivalent to the entire World Wide Web — and require immense amounts of computing capacity and energy to analyze. Generative AI models don’t need to be that large to be useful, however. Read More > >

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