PYMNTS-MonitorEdge-May-2024

Amazon Web Services

AWS and Workday Team on Enterprise AI Applications
AWS and Workday Team on Enterprise AI Applications
July 11, 2024  |  Partnerships

Amazon Web Services (AWS) launched a generative artificial intelligence-focused partnership with enterprise software company Workday. “This expanded partnership combines the power of Workday AI and...

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AWS Launches GenAI-Powered Service for Creating Applications
AWS Launches GenAI-Powered Service for Creating Applications
July 10, 2024  |  Amazon

Amazon Web Services (AWS) has unveiled a generative artificial intelligence (AI)-powered service that helps users create applications using natural language. With the new AWS App Studio, users...

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MultiFactor Authentication Meets Passkeys To Address eCommerce Usability Concerns
MultiFactor Authentication Meets Passkeys To Address eCommerce Usability Concerns
June 18, 2024  |  Authentication

When it comes to payments and digital commerce, proper security is a necessity. And with the news that Amazon Web Services (AWS) is pushing ahead with...

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Amazon Gives $230 Million in AWS Credits to AI Startups
Amazon Gives $230 Million in AWS Credits to AI Startups
June 13, 2024  |  Amazon

Amazon is reportedly investing $230 million in Amazon Web Services (AWS) credits in AI startups. As Reuters reported Wednesday (June 13), these credits will give early-stage generative artificial...

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Microsoft Will Spend $3.2 Billion on Swedish AI Infrastructure
Microsoft Will Spend $3.2 Billion on Swedish AI Infrastructure
June 03, 2024  |  artificial intelligence

Microsoft is reportedly investing $3.2 billion to expand its AI and cloud operations in Sweden. As Reuters reported Monday (June 3), the investment comes as...

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Apple’s AI Ambitions Take Aim at Transforming Tech Landscape
Apple’s AI Ambitions Take Aim at Transforming Tech Landscape
May 29, 2024  |  Apple

As Apple gears up for WWDC, its highly anticipated annual developers conference on June 10, the tech giant is poised to unveil artificial intelligence (AI)...

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AWS and SAP Team on Generative AI Offerings
AWS and SAP Team on Generative AI Offerings
May 29, 2024  |  Artificial Intelligence

Amazon Web Services expanded its partnership with enterprise application programming software firm SAP. The collaboration is designed to make it easier for customers to adopt...

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Amazon Names Matt Garman to Lead Cloud Computing Unit
Amazon Names Matt Garman to Lead Cloud Computing Unit
May 14, 2024  |  Personnel

Amazon’s all-important cloud computing division has a new leader. Adam Selipsky, who has headed Amazon Web Services (AWS) since 2021, is stepping down from that position in...

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Amazon’s AI Ambitions Help Fuel Q1 Earning Surge
Amazon’s AI Ambitions Help Fuel Q1 Earning Surge
May 02, 2024  |  Amazon

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...

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