PYMNTS-MonitorEdge-May-2024

Amazon Web Services

The Week in AI: Copilots, Unicorns and Calls for Oversight
The Week in AI: Copilots, Unicorns and Calls for Oversight
October 22, 2023  |  artificial intelligence

We are still in the first innings of generative artificial intelligence (AI). But the innovative and groundbreaking technology, which represents an entirely new computing paradigm,...

READ MORE >
IBM Expands Partnership With AWS to Boost Generative AI Solutions
IBM Expands Partnership With AWS to Boost Generative AI Solutions
October 18, 2023  |  Artificial Intelligence

IBM has announced an expansion of its collaboration with Amazon Web Services (AWS) to further advance the development of generative artificial intelligence (AI) tools. The partnership aims...

READ MORE >
AWS Launches Fully Managed Service for AI Applications
AWS Launches Fully Managed Service for AI Applications
September 28, 2023  |  artificial intelligence

Amazon Web Services (AWS) has launched the general availability of Amazon Bedrock, a fully managed service that provides access to foundation models from leading artificial intelligence (AI)...

READ MORE >
Amazon Boosts AI Focus With $4 Billion Anthropic Investment
Amazon Boosts AI Focus With $4 Billion Anthropic Investment
September 25, 2023  |  Amazon Investments

Amazon plans to invest up to $4 billion in artificial intelligence (AI) firm Anthropic. The investment, announced Monday (Sept. 25), is part of a larger...

READ MORE >
51% of Online Buyers Used Biometrics Instead of Passwords
51% of Online Buyers Used Biometrics Instead of Passwords
September 22, 2023  |  Biometrics

The convenience and security biometric authentication offers continue to gain prominence. Digital-first consumers increasingly use mobile devices to shop for everything from groceries to retail...

READ MORE >
Boosting Rewards and Limits Can Grow BNPL Usage
Boosting Rewards and Limits Can Grow BNPL Usage
September 05, 2023  |  BNPL

Paying for purchases in installments is a classic concept in retail, with legacy offerings such as Christmas layaway plans helping consumers manage their spending for...

READ MORE >
Amazon Acquires Fig to Deliver Tools and Services for Developers
Amazon Acquires Fig to Deliver Tools and Services for Developers
August 29, 2023  |  Amazon Acquisitions

Fig, a maker of an autocomplete tool for terminals used by developers, has been acquired by Amazon. The Fig team will join Amazon Web Services (AWS) and the...

READ MORE >
Social Media Shopping Blocked By a Lack of Trust 
Social Media Shopping Blocked By a Lack of Trust 
August 21, 2023  |  Retail

Shopping over social media seems to be the next frontier of eCommerce spend, with 43% of consumers (approximately 110 million individuals) browsing these platforms to...

READ MORE >
Report: Amazon and Google Could Invest in Chipmaker Arm’s IPO
Report: Amazon and Google Could Invest in Chipmaker Arm’s IPO
August 09, 2023  |  IPO

Amazon is reportedly in discussions to invest in chipmaker Arm’s initial public offering (IPO). Arm owner SoftBank is also talking to Google and companies from other industries heavily dependent on semiconductors...

READ MORE >