Amazon reported strong financial results for the first quarter of 2024, as the company doubles down on its artificial intelligence (AI) initiatives and sees a resurgence in its cloud computing division, Amazon Web Services (AWS). The eCommerce giant’s net sales increased 13% year-over-year to $143.3 billion, while operating...
Although it was closely watched for the manner in which it handled its artificial intelligence (AI) investments, Amazon dropped a stunner of a Q1 earnings report Tuesday (April 30), driven by a big spike in its North American operations. Its overall, global operating income grew from...
Amazon Web Services (AWS) announced the general availability of its generative artificial intelligence-powered assistants for software development and business decision-making. One assistant, Amazon Q Developer, generates code, tests, debugs and implements new code generated from developer requests, the company said in a Tuesday (April 30) press release. Amazon...
Visa says it has joined the Amazon Web Services (AWS) Partner Network (APN). “Visa’s presence in the APN will help enable its partners and clients, including cloud-native fintechs, to access and integrate select Visa services more efficiently,” the company said in a Thursday (April 25) news release. Among the...
January 30, 2024
As we finish the first month of the new year, more and more businesses are putting 2023 innovations into action and hoping to see results. The focus on results takes place within the backdrop of the preceding year, which centered on the revival of physical retail and the implementation of artificial intelligence (AI) to improve efficiency and […]
January 09, 2024
Success in one area doesn’t necessarily translate into success within another. Even basketball legend Michael Jordan put up average-at-best numbers when he gave baseball a shot – and that was...
December 29, 2023
Personalized offers can be a game changer for merchants. Still, attempts that miss the mark have the potential to annoy and alienate potential customers. Despite these offers’ potential to provide...
December 18, 2023
Account-to-account (A2A) payments do just what the name implies: transfer funds between bank accounts in near real time. These payments have gained traction in recent years — used by 36%...
May 14, 2024
Amazon’s all-important cloud computing division has a new leader. Adam Selpiski, who has headed Amazon Web Services (AWS) since 2021, is setting down from that position in June, Amazon CEO Andy Jassy said in a message to staff Tuesday (May 14). Taking his place will be Matt Garman, head of the division’s sales and marketing operations. Jassy said that when he […]
April 30, 2024
Amazon Web Services (AWS) announced the general availability of its generative artificial intelligence-powered assistants for software development and business decision-making. One assistant, Amazon Q Developer, generates code, tests, debugs and implements new...
April 25, 2024
Visa says it has joined the Amazon Web Services (AWS) Partner Network (APN). “Visa’s presence in the APN will help enable its partners and clients, including cloud-native fintechs, to access and integrate select...
April 16, 2024
Amazon Bedrock now features all three versions of Anthropic’s Claude 3 artificial intelligence (AI) model. That makes Bedrock the first and thus far only managed service to make all three Claude 3 models — Opus,...
