Page 4 - Amazon Web Services

Amazon web services slashes hundreds of jobs as part of cost-cutting drive

Sales growth at AWS, the largest seller of rented computing power and data storage, slowed to a record low last year as corporate customers cut spending and delayed technology modernization projects

Amazon offers free credits for startups to use AI models like Anthropic

Amazon said it has offered over $6 billion in credits to startups in the past decade

Amazon bets $150 billion on data centers required for AI boom: Report

The spending spree is a show of force as the company looks to maintain its grip on the cloud services market, where it holds about twice the share of No. 2 player Microsoft Corp.

AWS, Nilekani's EkStep collaborate for innovation in digital public infra

Amazon Web Services on Tuesday said it has collaborated with Nandan Nilekani's EkStep Foundation to set up a Joint Innovation Centre (JIC) to foster digital solutions for public service delivery. This joint effort will focus on enabling and accelerating the creation of digital public goods (DPGs) and digital public infrastructures (DPIs), the company said in a statement. "The JIC will promote collaboration among...stakeholders to develop DPGs and DPIs for sectors such as education, agriculture, finance, healthcare, and climate change, and help accelerate societal transformation," the statement said. The innovation centre will focus on supporting startups, independent software vendors (ISVs), and system integrators (SIs) to leverage the power of technologies such as cloud computing, generative artificial intelligence (AI), and analytics from AWS; help them imagine and invent new use cases for DPGs and DPIs, incubate them, and enhance existing ones, and offer comprehensive starter kit

Jeff Bezos unloads another $2 billion of Amazon stock in latest sale

The move to Florida has now likely saved Bezos about $430 million in taxes. Washington state recently implemented a 7% levy on capital gains, while Florida has no such tax

Vaishali Kasture resigns as AWS India's interim country head in five months

Vaishali Kasture had taken over from the former president of commercial business, Puneet Chandok, in July this year

AWS CEO bats for responsible AI; says need to unlock GenAI's full potential

Advocating responsible AI, Amazon Web Services (AWS) CEO Adam Selipsky on Tuesday stressed on the need for unlocking Generative AI's full potential while mitigating risks and called for unprecedented collaborations and multi-stakeholder efforts spanning tech companies, policy-makers, community groups and academia towards this. Selipsky was speaking at the keynote of AWS re:Invent 2023, where he made a slew of announcements around strengthening Generative AI offerings. He affirmed that AWS is ready to help businesses reinvent with this "promising tool for innovation". At the technology giant's annual flagship event here, Selipsky spoke about AWS and chip major NVIDIA's strategic collaboration to offer new supercomputing infrastructure software and services for Generative AI, and announced Amazon Q, a new generative AI-powered assistant specifically designed for work. The company also announced the next-generation of two AWS-designed chip families AWS Graviton4 and AWS Trainium2 tha

TCS ties up with Amazon Web Services to launch generative AI practice

The country's largest IT services exporter TCS on Monday announced its tie-up with Amazon Web Services to launch a dedicated generative artificial intelligence practice. The Tata Group company recently announced that it has imparted foundation training on GenAI for 1 lakh employees across the world. The practice will focus on using responsible AI frameworks and its "Paceport innovation hubs" to build a comprehensive portfolio of solutions and services for every industry sector, as per an official statement. It has already bagged a customer, with the world's largest hotel franchising company Wyndham Hotels and Resorts extending its strategic partnership with TCS and AWS to manage its digital transformation journey. Generative AI has captured the attention of enterprises globally for its potential to significantly reshape industries, the statement said, adding that TCS has already been working on GenAI with clients. TCS is at present focused on certifying over 25,000 employees on AW

Tech Mahindra launches sports cloud platform in collaboration with AWS

Tech Mahindra on Monday said it has collaborated with Amazon Web Services (AWS) to build a sports cloud platform for sporting enthusiasts worldwide. Tech Mahindra and AWS will offer a comprehensive digital platform to sports organizations, offering use cases related to content and community engagement, customer data management and audience segmentation, and sports analytics, the company said in a statement. The platform will also offer immersive stadium-to-home fan experiences by leveraging augmented reality and virtual reality (AR/ VR), and metaverse gamification. The cloud offering will also enable sports organizations to build and transform digital properties of sports teams and franchises and generate new revenue streams by developing new services and features tailored to audience needs. Tech Mahindra and AWS in September this year announced a strategic collaboration where both entities can participate in joint go-to-market initiatives and drive business growth. Tech Mahindra

Amazon's 'AI Ready' initiative to train 2 million in AI skills by 2025

An AWS study found that 73% employers prioritise applicants with AI skills and these candidates can earn up to 47% more in salaries

Here's how Amazon is going after Microsoft's cloud computing ambitions

Since 2016, Microsoft's customers and rivals, as well as regulators, have complained that the company makes it more expensive and cumbersome to run its programs and services on rival cloud providers

Infosys, AWS join hands to help financial clients accelerate cloud adoption

As part of the collaboration, Infosys and AWS aim to support financial organisations, like retail banking at NatWest Group, in accelerating their cloud adoption journeys

IBM, Amazon Web Services collaborate to set up innovation lab in Bangalore

IT company IBM on Tuesday said it has set up an innovation lab in Bangalore in collaboration with Amazon Web Services. IBM clients will be able to test prototypes of joint IBM-AWS solutions, including those related to generative AI, at the IBM Innovation Lab, the company said in a statement. Anuj Malhotra, Vice President and Senior Partner, Growth Platforms, IBM India Client Innovation Centre for IBM Consulting with the IBM Innovation Lab being launched in collaboration with AWS in India, the objective is to showcase the full potential of the joint value proposition that IBM and AWS offer to clients from across the world. "Clients can now experiment with the latest cloud-enabled technologies including generative AI in our lab, before actually implementing and scaling solutions on AWS," Malhotra said. The lab is a first of its kind for the IBM-AWS collaboration and is open to clients from around the world to explore joint IBM-AWS solutions and test prototypes and proofs of value tha

IBM partners with AWS to launch GenAI-focussed innovation lab in India

IBM Consulting plans to train and skill 10,000 consultants on AWS generative AI services by end of 2024

Amazon rolls out passkey support on browser, iOS devices for better safety

Passkey eliminates the step of entering the Amazon password. This is achieved by using the credentials to unlock the device

OTT releases this weekend: 5 movies or series to binge-watch this weekend

A plenty of movies are going to hit the OTT platforms this weekend. No matter what genre you love, there is something for you, here's the list of movies or series to watch this weekend

Govt, AWS working on Health IDs, will maintain digital health records

Developments come days after the data governance of the CoWIN platform was under question due to an alleged leak of user information collected during the pandemic for the COVID-19 vaccination drive

AWS, govt join hands to advance healthcare with UHI, integrated records

From CoWIN to U-WIN, AWS and government building tech to strengthen healthcare in the country

Genpact integrates GenAI in financial crime analysis to save time and costs

Genpact said it was the first company to provide a financial crime GenAI solution on Amazon Bedrock

Delhivery partners with Nexus Ventures, AWS for accelerator programme

Logistics company Delhivery has partnered with private equity firm Nexus Ventures and Amazon Web Services to launch an accelerator programme for budding entrepreneurs in the logistics space, a statement said on Tuesday. The programme, Velocity, will help build a logistic ecosystem to enable new entrepreneurs to convert their ideas into viable, functional business solutions, Delhivery Chief Technology Officer and Executive Director Kapil Bharati said. Leading cloud services provider AWS is providing activate cerdits of USD 25,000 (around Rs 21 lakh) to selected startups for building and scaling technology infrastructure. In the first edition of the programme, 20 out of 234 applicants were picked for providing mentorship, the statement said. Warehousing-focused ODWEN, Wherehouse, and Warehousity; EV fleet providers, including EVIFY and Zyngo, agritech startups such as Upjao Agrotech and E Sandhai and aggregator platforms Paapos, Hyphen SCS, and Loadexx were among the selected startu