AWS and Microsoft are pausing or slowing down the development of data centers, according to a Wells Fargo research note shared with PYMNTS. Several industry sources told Wells Fargo’s analysts team that AWS has “paused a portion of its leading discussions” on colocated data centers,...
AWS is reportedly facing criticism over the limits it places on customers’ use of Anthropic’s artificial intelligence (AI) models. The limits are “arbitrary” and suggest the AWS doesn’t have enough server capacity or is reserving some of it for large customers, The Information said Monday (April 21) in...
Cryptocurrency exchanges Binance and KuCoin temporarily suspended withdrawals Tuesday (April 15) morning. As CoinDesk reported, the issue stemmed from the companies’ data center provider, Amazon Web Services (AWS). “We are aware of an issue impacting some services on the #Binance platform due to a temporary network interruption...
Generative artificial intelligence (GenAI) and agentic models are revolutionizing financial services, transforming user experience, fraud detection, payments innovation and compliance processes, according to John Kain, head of financial services market development at Amazon Web Services (AWS). “AI has been such an integral part of how...
February 13, 2025
Cloud giant Amazon Web Services (AWS) is using automated reasoning — a method rooted in centuries-old principles of logic — to combat one of artificial intelligence (AI)’s newest and most persistent challenges: hallucinations, or the propensity of generative AI models to make things up. The technique marks a major advancement in making AI outputs more […]
February 05, 2025
Walmart is expanding its real estate portfolio with a major acquisition. The retail giant has purchased Monroeville Mall near Pittsburgh for $34 million and plans to redevelop the site. The...
January 31, 2025
Amazon is emerging as a key competitor to Walmart in the healthcare sector, leveraging its technological reach and consumer base. With strategic partnerships, including those with Teladoc and mental health...
January 27, 2025
The debut of the new presidential administration, the prospect of AI-friendly regulations and related infrastructure investments — and a planned investment of up to $500 billion into Stargate, a new...
April 24, 2025
Global stock markets are heading to the cloud. Nasdaq and Amazon Web Services (AWS) partnered to modernize the infrastructure of capital markets to help market operators transition to cloud-based systems while maintaining data sovereignty, according to a Thursday (April 24) press release. The key benefits are promoting greater global market interconnectivity, improving liquidity, and supporting […]
April 21, 2025
AWS is reportedly facing criticism over the limits it places on customers’ use of Anthropic’s artificial intelligence (AI) models. The limits are “arbitrary” and suggest the AWS doesn’t have enough server capacity or...
April 15, 2025
Cryptocurrency exchanges Binance and KuCoin temporarily suspended withdrawals Tuesday (April 15) morning. As CoinDesk reported, the issue stemmed from the companies’ data center provider, Amazon Web Services (AWS). “We are aware...
March 04, 2025
Amazon Web Services (AWS) reportedly formed a new group focused on agentic artificial intelligence (AI), with AWS CEO Matt Garman saying the technology could be “the next multibillion business for...
