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AWS revenue growth stabilizes with a boost from generative AI-led services

CIO

AWS posted a stable 12% revenue growth in the third quarter of 2023 buoyed by demand for generative AI-led services, despite customers trying to optimize their cloud spending. For the last few sequential quarters, revenue growth for AWS has been on a constant decline. AWS posted revenue of $23.06

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AWS launches no-code service AppFabric with generative AI assistance

CIO

Amazon Web Services (AWS) on Tuesday unveiled a new no-code offering, dubbed AppFabric, designed to simplify SaaS integration for enterprises by increasing application observability and reducing operational costs associated with building point-to-point solutions. AppFabric, which is available across AWS’ US East (N.

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Rocket Mortgage lays foundation for generative AI success

CIO

That’s why Rocket Mortgage has been a vigorous implementor of machine learning and AI technologies — and why CIO Brian Woodring emphasizes a “human in the loop” AI strategy that will not be pinned down to any one generative AI model. The rest are on premises.

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SAP AI pact with AWS offers customers more gen AI options

CIO

SAP is expanding its AI ecosystem with a partnership with AWS. Such AI partnerships are important for SAP, said Chief Technology Officer Jürgen Müller, pointing to other cooperations, for example with IBM, the chip manufacturer Nvidia and various universities.

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AWS invests $100 million in new Generative AI Innovation Center

CIO

Amazon Web Services (AWS) on Thursday said that it was investing $100 million to start a new program, dubbed the Generative AI Innovation Center, in an effort to help enterprises accelerate the development of generative AI- based applications. Enterprises will also get added support from the AWS Partner Network.

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A secure approach to generative AI with AWS

AWS Machine Learning - AI

Generative artificial intelligence (AI) is transforming the customer experience in industries across the globe. The biggest concern we hear from customers as they explore the advantages of generative AI is how to protect their highly sensitive data and investments.

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What is Oracle’s generative AI strategy?

CIO

While Microsoft, AWS, Google Cloud, and IBM have already released their generative AI offerings, rival Oracle has so far been largely quiet about its own strategy. Trailing other generative AI service offerings?