AWS names Garman CEO effective June 3
Matt Garman will become the new CEO of Amazon Web Services as Adam Selipsky is stepping down. Garman takes over June 3.
Matt Garman will become the new CEO of Amazon Web Services as Adam Selipsky is stepping down. Garman takes over June 3.
Rocket Companies, a fintech company with mortgage, real estate, and personal finance businesses, is starting to see the payoff from its generative AI efforts as well as a bet on AWS’s Amazon Bedrock.
CrowdStrike and Amazon Web Services expanded a partnership where Amazon will standardize on CrowdStrike's Falcon platform and CrowdStrike will expand usage of Amazon Bedrock and SageMaker.
AWS delivered Q1 operating income of $9.4 billion on revenue of $25 billion, up 17% from a year ago.
The headliners for Amazon Q are Amazon Q Developer, a coding assistant, Amazon Q Business, designed to make employees more productive, and Amazon Q Apps, which are part of Amazon Q Business and can automate business tasks.
The ability to import custom models and evaluate them plays into the broader themes of generative AI choice and orchestration. AWS' Bedrock bet is that enterprises will use multiple models and need a neutral platform to orchestrate them.
Amazon CEO Andy Jassy said AWS is underway building "primitive services," or discrete building blocks, for generative AI and that approach will ensure customers bring more workloads to the cloud service.
Matt Wood, Vice President of AI at AWS, outlined how enterprises will mix and match multiple models depending on use case, the need for orchestration and how regulated industries may have an advantage in adopting genAI.
Amazon Web Services' fourth quarter revenue was $24.2 billion, up 13% from a year ago, and below the 30% and 26% growth rates put up by Microsoft Azure and Google Cloud, respectively.
Intuit has 500,000 data points per small business. "We see all the money coming in, all of the money going out, all the transactions," says Intuit CEO Sasan Goodarzi. "We're not new to this game of AI, and particularly it was machine learning and knowledge engineering."
Hyperscalers are getting chippy as they compete for generative AI workloads.
"Cost awareness is a lost art. We need to regain that art," said Amazon CTO Dr. Werner Vogels.