PYMNTS-MonitorEdge-May-2024

Amazon Web Services

Amazon North American Sales Soar in Q1
Amazon North American Sales Soar in Q1
April 30, 2024  |  Amazon

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...

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AWS Launches GenAI-Powered Assistants for Software Development, Business Decision-Making
AWS Launches GenAI-Powered Assistants for Software Development, Business Decision-Making
April 30, 2024  |  Artificial Intelligence

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,...

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Visa Teams With AWS to Streamline Cross-Border Payments
Visa Teams With AWS to Streamline Cross-Border Payments
April 25, 2024  |  VISA

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,...

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Amazon Puts All Three Claude AI Models on Bedrock
Amazon Puts All Three Claude AI Models on Bedrock
April 16, 2024  |  artificial intelligence

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...

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Amazon CEO Shareholder Letter Goes Big on AI and AWS
Amazon CEO Shareholder Letter Goes Big on AI and AWS
April 11, 2024  |  Amazon

Amazon CEO Andy Jassy published his 2023 Letter to Shareholders Thursday (April 11), outlining how the company is changing and its goals for the future. It’s a 28-minute read by...

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AWS and AXA to Develop Global B2B Risk Management Platform
AWS and AXA to Develop Global B2B Risk Management Platform
April 04, 2024  |  Insurance

Amazon Web Services (AWS) and AXA are jointly developing a global business-to-business (B2B) risk management and prevention platform and associated software services. AXA, an insurance and asset...

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Amazon Web Services Eliminates Hundreds of Roles to ‘Optimize Resources’
Amazon Web Services Eliminates Hundreds of Roles to ‘Optimize Resources’
April 03, 2024  |  Amazon

Amazon Web Services (AWS) is eliminating hundreds of roles in two of its organizations as it focuses on other areas. The job cuts will impact...

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AWS Extends Free Credits Program to Cover Additional AI Models
AWS Extends Free Credits Program to Cover Additional AI Models
April 02, 2024  |  Amazon

Amazon Web Services (AWS) has reportedly extended its free credits program to cover artificial intelligence (AI) models from other companies. The program now offers startups credits...

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Gen Z Proves Hardest for BNPL Providers to Please
Gen Z Proves Hardest for BNPL Providers to Please
March 21, 2024  |  BNPL

While the vast majority of consumers are highly satisfied with their buy now, pay later (BNPL) experiences, PYMNTS Intelligence research finds that many Gen Z...

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