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This may change how you think about Amazon’s potential. Even though we’re back to a bull market, the S&P 500 has lost some of its year-to-date gains recently. It’s up 5% for the year so far, but the Federal Reserve continues to push off its interest rate cuts, signaling that the economy is still facing […]
These companies’ efforts now could pay off big over the long term. Technology companies are pouring investment into artificial intelligence (AI) these days — and for good reason. AI has the potential to streamline many of a company’s daily tasks, so that company could considerably lower costs and increase efficiency. The technology also represents a […]
Technology companies are pouring investment into artificial intelligence (AI) these days — and for good reason. AI has the potential to streamline many of a company’s daily tasks, so that company could considerably lower costs and increase efficiency. The technology also represents a significant revenue stream for businesses that build AI products and services to […]
Large-language models regularly spit out off-the-rails answers, and companies are introducing editors and guardrails to ensure that responses from AI are more on point. Amazon this week announced the general availability of Amazon Q, an in-between gatekeeper that reduces hallucinatory answers and ensures customers get the most out of large-language models. The technology has many […]
Amazon stock rose in early Wednesday trading as investors digested the tech giant’s first quarter earnings report. Sales and earnings for Amazon (AMZN) exceeded expectations but the e-commerce and cloud-computing giant gave a lighter-than-expected sales forecast for its June quarter. X Amazon said Tuesday that it earned 98 cents per share in its March-ending quarter […]
(Bloomberg Opinion) — The storm clouds are finally starting to clear over the head of Amazon.com Inc. Chief Executive Officer Andy Jassy. After taking over from Jeff Bezos, Jassy has mostly been confronted with challenges. Regulators have been on his back. The e-commerce business needed some serious reining in after overexpanding during the pandemic. Amazon’s […]
Today’s Amazon Web Services update is brought to you by the letter Q. If you work at a company like Accenture, GitLab, GoDaddy, Sun Life, Traeger Grills, Toyota or Wiz, you now have access to a conversational generative AI assistant, a no-code tool to build gen AI apps and developer-specific applications that free up software […]
Amazon sales surged once again in the first quarter of 2024, the company announced on Tuesday – the latest in a series of robust earnings reports for the retail giant. The company attributed the boost to artificial intelligence. In a statement accompanying the report, the chief executive, Andy Jassy, said Amazon’s continuing focus on AI […]
Key Takeaways Amazon announced Tuesday its artificial intelligence (AI) assistant Amazon Q is generally available for AWS enterprise customers. The offering could help the e-commerce giant better compete with its big tech peers amid the AI boom. Amazon Q Business allows enterprise customers to customize the AI-powered assistant to best meet their needs, while Amazon […]
Pour one out for CodeWhisperer, Amazon’s AI-powered assistive coding tool. As of today, it’s kaput — sort of. CodeWhisperer is now Q Developer, a part of Amazon’s Q family of business-oriented generative AI chatbots that also extends to the newly announced Q Business. Available through AWS, Q Developer helps with some of the tasks developers […]
(Bloomberg) — Amazon.com Inc.’s “show-me” moment will arrive on Tuesday when its earnings become the latest litmus test on appetite for heavy artificial intelligence spending. Most Read from Bloomberg The message so far from investors: shares of firms that demonstrate progress in monetizing AI will be rewarded, while firms that don’t will see their stock […]
