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Tag: AWS

  • AWS revenue continues to soar as cloud demand remains high | TechCrunch

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    Amazon Web Services ended 2025 with its strongest quarterly growth rate in more than three years.

    The company reported Thursday that its cloud service business recorded $35.6 billion in revenue in the fourth quarter of 2025. This figure marks a 24% year-on-year increase and the business segment’s largest growth rate in 13 quarters. Annual revenue run rate for the business segment is $142 billion, according to Amazon. The cloud service also saw an increase in its operating income from $12.5 billion in the fourth quarter compared to $10.6 billion in the same period in 2024.

    “It’s very different having 24% year-over-year growth on $142 billion annualized run rate than to have a higher percentage growth on a meaningfully smaller base, which is the case with our competitors,” Amazon CEO Andy Jassy said during the company’s fourth-quarter earnings call. “We continue to add more incremental revenue and capacity than others, and extend our leadership position.”

    That fourth-quarter growth was fueled by new agreements with Salesforce, BlackRock, Perplexity, and the U.S. Air Force, among other companies and government entities.

    “More of the top 500 U.S. startups use AWS as their primary cloud provider than the next two providers combined,” Jassy said. “We’re adding significant easy to core computing capacity each day.”

    AWS also added more than a gigawatt of power to its data center network in the fourth quarter.

    Jassy said AWS still sees a fair amount of its business coming from enterprises that want to move infrastructure from on-premise to the cloud. AWS is, of course, also seeing a boost from the AI boom, and Jassy credited AWS’s top-to-bottom AI stack functionality.

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    “We consistently see customers wanting to run their AI workloads where the rest of their applications and data are,” Jassy said. “We’re also seeing that as customers run large AI workloads on AWS, they’re adding to their core AWS footprint as well.”

    AWS made up 16.6% of Amazon’s overall $213.4 billion revenue in the fourth quarter.

    AWS’s success wasn’t enough to appease Amazon investors, however. Amazon shares fell 10% in after-hours trading after investors reacted to the company’s plan to boost capital expenditures and missed Wall Street’s expectations on earnings per share.

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    Rebecca Szkutak

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  • Amazon AWS CEO Matt Garman pushes back against Elon Musk’s space data centers plan | Fortune

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    Amazon has more than 900 data centers spread across the planet. And if you ask Matt Garman, the CEO of Amazon Web Services, that is exactly where they’ll stay for the foreseeable future. 

    Speaking at a tech conference in San Francisco on Tuesday, Garman threw some cold water on the notion of space-based data centers, which have been touted by Elon Musk and others as the future of AI. 

    While putting AI data centers in space has obvious benefits, including the ability to harness energy directly from the sun and the ability to cool the heat-generating equipment in the cold atmosphere of space, Garman said there are also some big obstacles to putting data centers in space or on other planets. Chief among them is the cost of transporting equipment. 

    “I don’t know if you’ve seen a rack of servers lately: They’re heavy,” Garman said in an interview at the Cisco AI Summit in answer to a question about the viability of space-based data centers. “And last I checked, humanity has yet to build a permanent structure in space. So … maybe.”

    The comments come one day after Musk announced the merger of SpaceX, his rocket company, with his AI company, xAI, in a deal that reportedly values the combined companies at a staggering $1.25 billion. 

    “The capabilities we unlock by making space-based data centers a reality will fund and enable self-growing bases on the Moon, an entire civilization on Mars, and ultimately expansion to the Universe,”  Musk wrote in a blog post Monday announcing the deal.

    The modern data centers that power AI services, including chatbots like OpenAI’s ChatGPT and xAI’s Grok, are massive behemoths that can span millions of square feet and are packed with so much hardware that they have to be built on top of reinforced concrete slabs.

    Musk’s SpaceX has a successful track record of launching thousands of its internet-beaming Starlink satellites into orbit on its Falcon rockets, and Musk has floated ambitious plans to use its Starship rocket to launch as many as 1 million satellites into space—an amount that’s far greater than the total number of objects launched into space in history. The blizzard of Starlink launches would lead to improvements in SpaceX’s rockets that will make space based data centers a reality, Musk wrote on Monday, though he did not provide a timeline for when he expected it to happen.

    Amazon has plans to create a constellation of internet beaming satellites, dubbed Leo, to compete with SpaceX’s Starlink. The company has earmarked $10 billion for the project, according to CNBC, but progress has been slow, with Amazon recently asking the U.S. FCC to extend the timeline to launch 1,600 Leo satellites. 

    Garman cited Musk’s 1-million-satellite plan during the Tuesday talk, and acknowledged that improvements in fuel and other aspects will make transportation into space less expensive. But for now, he stressed, the costs are a major bottleneck. 

    This story was originally featured on Fortune.com

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    Alexei Oreskovic

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  • Amazon CEO Andy Jassy announces departure of AI exec Rohit Prasad in leadership shakeup | Fortune

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    Amazon CEO Andy Jassy dropped an AI bombshell on employees today, announcing that Rohit Prasad—who has led Amazon’s so-called AGI (artificial general intelligence) team since 2023, overseeing the development of the company’s Nova models—will depart at the end of the year.

    Prasad previously served as the head scientist behind Amazon’s Alexa voice assistant, a role he held from the product’s earliest days. When he was appointed to lead the new ambitious AGI effort after ChatGPT launched in November 2022, as part of a scramble to develop a competitive LLM that could help reinvigorate the Alexa voice assistant. it was led almost entirely by ex-Alexa executives. 

    In a blog post, Jassy announced that longtime Amazon Web Services (AWS) executive Peter DeSantis will lead a new organization that drives the development of its AI models, custom computer chips (which include its Graviton, Trainium and Nitro chips), and quantum computing efforts. DeSantis had overseen the many teams designing AWS’ global infrastructure. 

    “With our Nova 2 models just launched at re:Invent, our custom silicon growing rapidly, and the advantages of optimizing across models, chips, and cloud software and infrastructure, we wanted to free Peter up to focus his energy, invention cycles, and leadership on these new areas,” Jassy wrote, adding that DeSantis would report directly to him.

    Jassy also said that as part of the organizational change, Pieter Abbeel, an Amazon Distinguished Scientist in robotics who is also an AI and robotics professor at UC Berkeley, will lead the company’s frontier model research team. Abbeel came to Amazon in 2024 along with other cofounders of his robotics startup Covariant, in a deal that also saw Amazon licensing Covariants software, which included AI models that gave robots the ability to quickly adapt to new environments and tasks.

    “Pieter is one of the world’s leading AI researchers, and co-founder of Covariant, which pioneered the first commercial foundation model for robotics,” Jassy wrote. “His deep expertise in generative AI and reinforcement learning makes him well-suited to advance Amazon’s AI research as we push the boundaries of what’s possible for customers.” 

    The news of Prasad’s departure comes as somewhat of a surprise, given that he was recently at Amazon’s Re:Invent conference discussing the latest Nova models. However, over the past two years there has been significant media coverage suggesting that Amazon’s Alexa AI and AGI-related efforts have struggled and fallen behind competitors. 

    A year ago, for example, Fortune’s Jason Del Rey reported exclusively that leaked Amazon documents identified critical flaws in the delayed AI reboot of Alexa. And in June 2024, Fortune reported that Amazon’s had blown Alexa’s shot to dominate AI, according to more than a dozen employees who worked on it—partly due to a lack of adequate data, even though Prasad, pushed the AGI team to work harder and harder, with a message to “get some magic” out of the LLM. 

    In addition, last week’s Amazon layoffs fueled concerns about whether Amazon’s was still lagging behind in AI, and whether the cuts reflected slowing growth. That came on the heels of comments in October by analyst Mark Shmulik of Bernstein, who said Amazon’s AWS was in “last place” in the AI cloud race. 

    However, The Information as well as Bloomberg reported this week that Amazon was in talks to invest $10 billion in OpenAI. OpenAI, in turn, had agreed to use Amazon’s Tranium AI chips, perhaps helping to counter the narrative that the company is behind in AI. OpenAI had previously agreed to spend $38 billion using AWS for computing.

    Amazon also has a deal with AI company Anthropic, in which Amazon has invested $8 billion. Anthropic has agreed to use AWS’s Trainium chips for training and Anthropic’s Claude model is being used to answer some queries in the new Alexa Plus.

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    Sharon Goldman

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  • Why One Amazon Exec Doesn’t Want AI to Replace Junior Roles

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    The head of Amazon Web Services (AWS), Matt Garman, said in a new interview with Wired that companies shouldn’t replace their junior employees with AI. The comment comes at the heels of an announcement from AWS in early December about its new AI tools and models.

    The Strength of Junior Workers

    Garman told Wired he specifically rejects the idea that companies should start operating solely through senior employees and AI agents.

    He argued that younger employees have an edge: they typically know the most about how to use AI tools, and they’re less expensive to hire. For those reasons, he said eliminating that demographic of workers wouldn’t make sense.

    Then there’s the issue of a lack of fresh perspectives that often comes from new employees growing under the business.

    “If you have no talent pipeline that you’re building and no junior people that you’re mentoring and bringing up through the company, we often find that that’s where we get some of the best ideas,” Garman said. “You’ve gotta think longer term about the health of a company, and just saying ‘OK great, we’re never going to hire junior people anymore,’ that’s just a nonstarter for anyone who’s trying to build a long-term company,” he said.

    AWS AI Product Launch

    Garman just led the launch of AI products at AWS’ cloud computing conference, re:Invent. His focus is on building AI tools for businesses that will impact how they operate and make money, according to Wired

    One of the new tools, Nova Forge, enables users to build their own AI models from the Bedrock AWS managed services hub. Rather than incorporating company proprietary data after a model is trained, they can include it earlier on with Amazon’s Nova data sets, according to Forbes

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    Ava Levinson

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  • Why HCLTech is teaming up with AWS on gen AI

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    Global technology provider HCLTech is developing gen AI solutions both internally and by teaming up with AI giants to meet the demands of its financial services clients, which include:  $904 billion NatWest;  $1.6 trillion Deutsche Bank; $2.1 trillion Barclays; and   The $868 billion State Bank of India.  HCLTech is embedding Amazon Web Services’ gen AI platforms, including AWS Bedrock and SageMaker, into its operations, Srinivasan Seshadri, chief growth officer and global head of financial services at HCLTech, told FinAi News.  This collaboration […]

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    Vaidik Trivedi

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  • Tech Companies Were Everywhere at the Las Vegas Grand Prix. Except One

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    If you wanted to understand how much Formula 1 has become a technology story, you didn’t have to look at a single lap time in Las Vegas. All you had to do was walk around.

    Google was there, partnering with McLaren, including prominent Gemini, Android, and Chrome branding throughout the weekend. HP is literally in Ferrari’s team name. The same is true for Oracle and Red Bull Racing.

    Photo Credit: Jason Aten

    T-Mobile was the official 5G partner of the Las Vegas Grand Prix, and built out major magenta-branded experiences. Peloton, serving as the race’s official fitness partner, created on-site activations tied to its workout and training content.

    Amazon, through AWS, was there. The cloud giant continued its long-standing role as a technology and data partner of Formula 1, powering everything from race analytics to broadcast graphics. Paramount+, the streaming service, had an entire corner painted with its logo. Meta had its logo on the top of the Mercedes helmets. And across the paddock and garages, companies like Salesforce, Siemens, CrowdStrike, Dropbox, 1Password, and Zoom were represented through their team and series-level partnerships.

    Everyone showed up. Well, except one.

    Apple takes over F1 rights in the U.S. next year

    At a race where it seemed like tech companies were everywhere, there was one obvious absence: Apple. And that’s strange, because next season Apple will be the exclusive U.S. broadcast partner for Formula 1—taking over for ESPN, which has held the rights since 2018.

    For Apple, it’s the most ambitious sports-rights deal the company has ever done. You would think this would be the moment Apple started telling a story. Something. Anything. But at the Las Vegas Grand Prix, Apple was invisible.

    There were no Vision Pro racing simulators tucked into the paddock clubs. Unlike the Super Bowl, there were no Apple Music performances. No Apple TV fan zones or “shot on iPhone” installations. No Apple Maps AR activations, even though the event is literally a street circuit.

    Expanding the relationship

    Sure, technically Apple’s deal doesn’t start until next year, but the companies already have a relationship through F1: The Movie. And, with Formula 1, holding its flashiest U.S. race in front of the largest concentration of tech, media, and entertainment decision-makers imaginable, it seems a little strange that Apple didn’t even bring a banner.

    Photo Credit: Jason Aten

    To be fair, part of that is how F1 works. It’s a maze of sponsorship categories and exclusivities. The commercial rights structure is notoriously rigid. Almost everything inside the paddock is spoken for. If someone already owns the wearable category, Apple can’t just plop Vision Pro units down wherever it wants. If another partner holds streaming rights, Apple TV can’t set up a branded stage.

    But here’s the thing: everybody else figured it out. After all, Google managed to turn McLaren’s wheel covers into Chrome logos. If Apple wanted to be seen, it would have figured out a way.

    I mean, Atlassian—an enterprise software company—literally wrapped a Formula 1 car in a livery celebrating its AI assistant. If they can find space for Jira on a race car, surely there’s room on the Strip for an Apple activation.

    Which leaves the more likely explanation: Apple doesn’t show up until it can control the experience. And right now, it can’t.

    More than just logos on a car

    The problem is that brand presence in Formula 1 isn’t just advertising; it’s signaling. It tells fans—and executives, and partners, and teams—what you think this sport is worth. And right now, one of the world’s most valuable companies is about to take over the broadcast of the world’s fastest sport, and hasn’t given fans any hint of what to expect.

    Obviously, the 2026 season hasn’t arrived yet, and Apple usually waits to show its hand until it’s ready. The company doesn’t do anything that hasn’t been fully considered and intentionally rolled out. When it decides to reinvent an experience—music, phones, payments, fitness—it starts quietly and then rewrites the script.

    But if the Las Vegas Grand Prix is a preview of the future of Formula 1 as a cultural event, one thing is clear: tech companies aren’t just attending these races. They’re taking over the grid. This year, it seemed as though everyone was in Las Vegas. Well, everyone except the one company that’s about to own the broadcast.

    The opinions expressed here by Inc.com columnists are their own, not those of Inc.com.

    The final deadline for the 2026 Inc. Regionals Awards is Friday, December 12, at 11:59 p.m. PT. Apply now.

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    Jason Aten

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  • Amazon inks $38B deal with OpenAI for Nvidia chips

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    Amazon.com Inc.’s cloud unit has signed a $38 billion deal to supply a slice of OpenAI’s bottomless demand for computing power. Amazon shares surged. Amazon Web Services will provide the ChatGPT maker with access to hundreds of thousands of Nvidia Corp. graphics processing units as part of a seven-year deal, the companies announced on Monday. […]

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    Bloomberg News

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  • Does OpenAI’s $38 Billion Deal With Amazon Signal a Breakup With Microsoft?

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    On Monday, tech giants OpenAI and Amazon Web Services (AWS) announced a multi-year partnership, marking the artificial intelligence company’s next step towards massive scaling and a step away from its long-time parter Microsoft.

    Effective immediately, OpenAI now has access to Amazon’s infrastructure as part of a seven year $38 billion deal. The agreement provides the AI company with access to hundreds of thousands of NVIDIA graphic processing units as it begins running its workload on AWS’s infrastructure.

    “As OpenAI continues to push the boundaries of what’s possible, AWS’s best-in-class infrastructure will serve as a backbone for their AI ambitions,” said Matt Garman, CEO of AWS said in a press release

    At the time of publishing, Amazon’s stock had jumped 5 percent following news of the announcement.

    In addition to paving the path towards rapid expansion and growth of its ChatGPT large language model and other AI initiatives, the deal also marks the AI company moving on from Microsoft, its longtime cloud services provider. However, they’re still presenting a united front.

    “As we step into this next chapter of our partnership, both companies are better positioned than ever to continue building great products that meet real-world needs, and create new opportunity for everyone and every business,” the companies said in a joint press release on October 28.

    The companies are weathering a complicated relationship, with Microsoft investing up to $13 billion in OpenAI since an initial $1 billion in 2019 that came with an exclusivity agreement to use Microsoft cloud services. Last week, both tech companies renegotiated an agreement which allowed OpenAI to buy cloud services from any provider.

    “Scaling frontier AI requires massive, reliable compute,” said OpenAI co-founder and CEO Sam Altman in a press release. “Our partnership with AWS strengthens the broad compute ecosystem that will power this next era and bring advanced AI to everyone.”

    The multibillion dollar deal follows a series of OpenAI investments to boost the company’s scalability and computing power, including a data center deal with Oracle, a cloud deal with Google, and a data center projects in the United Arab Emirates.

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    María José Gutierrez Chavez

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  • Amazon cloud outage disrupts services, exposes internet’s weak points – WTOP News

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    The outage, which began at Amazon’s Northern Virginia centers, caused widespread disruptions. An assistant professor of computer science at Virginia Tech said it reminded us of how dependent we are on a few tech giants.

    A major cloud outage Monday disrupted services across the globe, offering a reminder of how dependent we are on just a few tech giants.

    “Amazon Web Services is one of the foundations of the modern internet,” said Shaddi Hasan, assistant professor of computer science at Virginia Tech. “When Amazon breaks, that takes down so many of the services that we use every day.”

    Hasan said running a cloud infrastructure is expensive and complex, which is why only a few companies lead the pack.

    “There’s only a handful of these companies that run infrastructure at that scale — Amazon, Microsoft, Google and a few others,” he said.

    The outage, which began early Monday in Amazon’s Northern Virginia centers, caused widespread disruptions. Services affected ranged from social media platforms to banking apps.

    Hasan said “the cloud” is essentially a network of massive data centers or warehouses filled with computers that run the services the public relies on every day. Many of these are located in Northern Virginia, one of the world’s largest data center hubs.

    When it comes to cloud computing, there are only a few big players, Hasan said. “Unless you’re in the space, they can kind of be unseen giants to a lot of people. So much of our infrastructure depends on them.”

    He said businesses are faced with a tough choice that involves deciding to rely on a major cloud provider and risk being affected by outages, or build and maintain their own infrastructure. The latter is an option that’s often too costly and complex.

    Hasan also pointed out that the internet wasn’t always this centralized.

    He teaches his students about the early days of the U.S. Advanced Research Projects Agency Network, more popularly known as ARPANET. It was the internet’s predecessor from the 1960s, and was designed to be resilient and even able to work around a nuclear attack.

    “But as time has gone on … centralization of the services that run on top of that infrastructure has kind of undermined some of that original ethos and spirit,” he said.

    And while outages like this may lead to improvements, Hasan doesn’t expect a major shift.

    “It’s hard to imagine a world where … they move away from that model,” he said.

    He said incidents like this highlight just how delicate the system has become: “It reminds us of the fragility of relying on just a few large providers.”

    And when things go wrong, fixing them isn’t easy.

    “These failures are rare, and when they happen, they’re quite complex to remediate,” Hasan said.

    Get breaking news and daily headlines delivered to your email inbox by signing up here.

    © 2025 WTOP. All Rights Reserved. This website is not intended for users located within the European Economic Area.

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    Mike Murillo

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  • An AWS Outage Took Down Snapchat, Fortnite, and ChatGPT, and Showed How Fragile Everything Really Is

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    While most of the U.S. was sleeping, Amazon Web Services (AWS) suffered a major disruption at one of its largest locations. If you were sleeping, you probably didn’t even notice. If, however, you were up and trying to use ChatGPT, Snapchat, Reddit, Fortnite, or even Amazon, you definitely noticed.

    According to the AWS status updates, the company reported “increased error rates and latencies for multiple AWS Services in the US-EAST-1 Region.” The root cause was later identified as issues with DNS resolution of the DynamoDB API endpoint in that region, and the incident rippling into other AWS services.

    I’m not going to pretend that I understand what all of those words mean, but what I do understand is this: the internet is much more fragile than most of us think about on a regular basis. 

    A ripple across the internet

    What started inside a single AWS region quickly became global. Major consumer and enterprise platforms reported outages. For example, Coinbase and other crypto/banking services noted impact. 

    AWS first posted a notification at 3:11 a.m. ET, stating it was engaged in mitigation and investigation. By about 5:27 a.m. ET they announced “significant signs of recovery” though they warned that the backlog of requests to the affected services could mean that it would take time for everything to get back to normal.

    For a disruption that only lasted a little over two hours, however, the impact was much larger—both for companies that depend on cloud computing, and for Amazon. I’ll explain:

    Everything is connected

    This outage illustrates a truth many users don’t recognize: the internet is more fragile than it seems. So many services that appear independent run the same foundational infrastructure. The beauty of cloud computing providers like AWS is that individual companies don’t have to spin up their own infrastructure. Instead, they can just buy it from Amazon.

    More importantly, because so many companies are doing just that, the overall expense for those companies is far less than if they tried to do it themselves. That seems like a huge win—until something goes wrong. A single error or failure in one region of a major cloud provider can ripple through to millions of users and thousands of services.

    To be clear, Amazon is very good at this. There is a reason so many companies depend on AWS—because it’s generally very reliable, with better than 99.99 percent availability.

    Which leads to another important point—the internet isn’t the only thing more fragile than we might think. For AWS, nothing is as fragile as trust.

    Trust matters most

    I’ve written many times that trust is your most important asset. If you want to build a platform that others depend on, they have to believe you’ll be more reliable than if they did it themselves. For most companies, that’s obviously true. Most companies don’t power huge swaths of the internet the way AWS does. It’s a no brainer

    That’s why Amazon’s response matters so much. Within minutes of identifying an issue, AWS updates its Service Health Dashboard, a public status site that details affected regions, and services, and explains how the company is working to mitigate effects. Those updates are often timestamped and written in plain, operational language: “We are investigating increased error rates in the US-EAST-1 Region.”

    As the incident unfolds, AWS posts incremental updates rather than waiting for a full explanation. The key lesson here is that communication itself is part of the recovery process.

    When service stabilizes, AWS issues a “Post-Event Summary,” outlining the technical cause, the scope of impact, and steps taken to make sure it doesn’t happen again. This practice isn’t exclusive to AWS, but it’s definitely unusual in big tech. Many companies prefer to issue vague, after-the-fact statements or none at all.

    AWS treats the visibility of its operations as essential as its infrastructure. Amazon’s entire cloud business depends on trust from developers, startups, governments, and Fortune 500s who run their critical business on AWS.

    Every update is a signal that Amazon understands how much is at stake and that it’s willing to expose its process to public scrutiny. Transparency won’t erase the frustration of having your online store or streaming service go down, but it does reassure customers that AWS takes reliability seriously enough to narrate its own failures in real time.

    Not only that, but the biggest concern when services go down is that it’s some kind of attack. If you’re AWS and you know that’s not the case, you let people know as quickly as you can, even if it means admitting there was a mistake or that something failed.

    In the long run, that candor may be what keeps customers from looking elsewhere—because if your job is to be the backbone of the internet, trust may be the most fragile thing of all. Because in the cloud era, what you lose most during failure may not just be access for a few minutes—it might be the confidence that you still belong on the backbone of the internet.

    The opinions expressed here by Inc.com columnists are their own, not those of Inc.com.

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    Jason Aten

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  • CLIPr Launches Its AI-Driven Video Intelligence Platform for Law Enforcement in AWS Marketplace

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    CLIPr, a company that specializes in the automatic generation of police reports obtained from body-worn camera audio, announced today that its AI-driven video intelligence platform (VIP) is now available in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on Amazon Web Services (AWS).

    CLIPr VIP is compliant with the FBI’s Criminal Justice Information Services (CJIS) and compatible with all types of Unified Digital Evidence platforms and Body-Worn Camera manufacturer platforms. It automates report-generation for law enforcement officers based on footage recorded by their body camera while on duty, making the tedious time-consuming written-report process redundant. This not only enhances their productivity by up to 50%, it also significantly transforms public safety operations by getting more officers back on patrol quicker and increasing their street presence.

    AWS law enforcement customers will now have access to CLIPr VIP directly within AWS Marketplace. This gives them the ability to simplify the purchase and management of CLIPr’s VIP platform within their AWS Marketplace account.

    “Making CLIPr VIP available in AWS Marketplace significantly expands our delivery channel. We made our platform available as a Software-as-a-Service because it allows us to easily provide our solution to any police department that uses body cameras, anywhere in the world, using a proven and stable environment,” says CLIPr CEO and co-founder Humphrey Chen. “All law enforcement users receive full backup and support from our dedicated CLIPr team.”

    An officer compiling an incident report places their body camera in a docking station which automatically uploads their video. CLIPr VIP then generates a full transcription of the footage on a 2:1 ratio. However long a body camera recording is, it takes CLIPr half the amount of time to generate a report. The system emails the officer the first draft of their report. The officer is then able to review and search the report for relevant information. If required, the officer can also edit and finalize the narrative part of their incident report. Officers can also submit their reports to their superiors for review or forward it to their district attorney for prosecutorial purposes.

    For more information on CLIPr and its AI-driven video intelligence platform, please visit https://www.clipr.ai/

    —ENDS—

    About CLIPr

    CLIPr is a premier video analysis and management platform that leverages AI and machine learning to transform the way users interact with video content. By extracting and organizing key moments from both short- and long-form videos, CLIPr saves users countless hours and enhances productivity. CLIPr is fully compliant with the FBI’s Criminal Justice Information Services (CJIS). It is also compatible with all types of Unified Digital Evidence platforms and Body Worn Camera manufacturer platforms.

    Contact Information

    Evan Bloom
    CEO
    evan@fortresscomms.com
    3157444912

    Source: CLIPr

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  • Transactions from Money20/20: Citi, Google Cloud expand AI and cloud strategy

    Transactions from Money20/20: Citi, Google Cloud expand AI and cloud strategy

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    Citi is expanding its use of Google Cloud to access the cloud provider’s generative AI capabilities.  Rohit Bhat, general manager and managing director at Google Cloud’s financial services, told Bank Automation News at Money20/20 this week that the $1.6 trillion bank will also look to Google Cloud for: Modernization of its tech stack;  Data analytics […]

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    Vaidik Trivedi

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  • Transactions: Amex, Boost team up on virtual card

    Transactions: Amex, Boost team up on virtual card

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    American Express and Boost Payment Solutions will provide commercial card processing to U.S.-based American Express merchants, the pair announced Sept. 30.  Amex merchants will have access to Boost’s straight-through processing solution, Boost Intercept, allowing them to accept virtual cards while avoiding manual processes, Boost founder and Chief Executive Dean Leavitt told Bank Automation News. “Participating […]

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    Vaidik Trivedi

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  • Citizens sees up to 20% efficiency gains through gen AI

    Citizens sees up to 20% efficiency gains through gen AI

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    Citizens Bank has deployed generative AI and automation in operations for activities including coding, customer service and fraud detection, and the efficiency gains are adding up.  “We completed a pilot using Microsoft Pilot … and the results were outstanding,” Michael Ruttledge, chief information officer and head of enterprise technology and security at Citizens, told Bank […]

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    Vaidik Trivedi

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  • Vertosoft Introduces Cloud Marketplace Accelerator to Speed Public Sector Technology Acquisition

    Vertosoft Introduces Cloud Marketplace Accelerator to Speed Public Sector Technology Acquisition

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    Vertosoft, a leading distributor of innovative technology solutions for the public sector, is excited to announce the launch of its Cloud Marketplace Accelerator Program. This new co-sell alliance, created in cooperation with Amazon Web Services (AWS), aims to facilitate the acquisition of new and emerging technology by Public Sector agencies within the AWS Marketplace, making Independent Software Vendors’ (ISVs) listings more accessible and readily available.

    The Cloud Marketplace Accelerator Program is designed to streamline the process for ISVs to offer their solutions in AWS Marketplace, a digital catalog with thousands of software listings from ISVs that make it easy to find, test, buy, and deploy software that runs on AWS, ensuring faster time-to-market and increased visibility to a broad range of customers. This is made possible through Vertosoft’s extensive range of contract vehicles available for both Federal and State, Local, and Education (SLED) organizations, providing ISVs with unparalleled access to key public sector markets. 

    “We are thrilled to introduce the Cloud Marketplace Accelerator Program, which marks a significant milestone in our mission to accelerate the adoption of innovative and emerging technology within public sector,” said Chet Hayes, CTO of Vertosoft. “With our co-sell alliance, created in cooperation with AWS, we can provide our partners with access to a wider customer base and a quicker time to market, driving innovation and growth across the public sector.”

    The program offers a comprehensive suite of services, including technical onboarding, marketing support, and sales enablement, all tailored to meet the unique needs of ISVs. With Vertosoft’s expertise, ISVs can expand their marketplace offerings available to the public sector in a matter of just a few days. 

    For more information about the Cloud Marketplace Accelerator Program and how to participate, visit Vertosoft’s website.

    About Vertosoft

    Vertosoft is a high-value public sector distributor dedicated to providing the most coveted, innovative, and emerging technology solutions to the government. Fueled by an innovative mindset and an entrepreneurial culture, Vertosoft is constantly finding new ways to reduce complexity and provide scalable, cost-efficient technology solutions to the government.

    Source: Vertosoft LLC

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  • Amazon Ramps Up Security to Head Off Project Nimbus Protests

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    Amazon appeared to have significantly heightened security for its New York Amazon Web Services Summit on Wednesday, two weeks after a number of activists disrupted the Washington, DC, AWS Summit in protest against Project Nimbus, Amazon and Google’s $1.2 billion cloud computing contract with the Israeli government. The clampdown in New York quelled several activists’ plans to interrupt the keynote speech from Matt Wood, the vice president for AI products at AWS.

    Amazon allowed only approved individuals to attend the keynote speech. The activists, who had registered online to attend, all received emails ahead of the conference informing them that they would not be allowed into the keynote due to having too little space.

    In addition, there was a heavy presence of private security guards and personnel from the New York Police Department and New York State Police at the conference. Despite being barred from the keynote, the activists did enter the building, where security confiscated posters and flyers during bag checks, which not all attendees were subjected to.

    Amazon has previously said that it respects its “employees’ rights to express themselves without fear of retaliation, intimidation, or harassment,” referring to Project Nimbus protests. However, the heightened security shows that the company is taking steps in an attempt to thwart additional dissent. Google, for its part, fired 50 employees after a high-profile April protest over the company’s cloud-computing contract with the Israeli government.

    The activists behind the planned keynote disruption are all organizers with No Tech for Apartheid (NOTA), a coalition of tech workers, organizers with the Muslim grassroots group MPower Change, and members of the anti-Zionist Jewish group Jewish Voices for Peace. (NOTA was created in 2021 shortly after news about Project Nimbus became public.) The group planned the Google sit-in protest and other recent actions targeting Project Nimbus.

    Those intending to interrupt Wood’s keynote include Zelda Montes, a former YouTube software engineer, and Hasan Ibraheem, a former Google software engineer. Both were among the 50 Google employees fired in the spring. Jamie Kowalski, a former Amazon software employee who worked at the company for six years, Ferras Hamad, a former Meta employee who was recently fired after raising concerns about anti-Palestinian censorship, and one other tech worker, who did not publicly disclose their name, had also planned to protest.

    Five other NOTA activists stood directly outside the AWS Summit, behind sets of barricades, and distributed informational flyers. They held large banners reading “Google and Amazon Workers Say: Drop Nimbus, End the Occupation, No Tech for Apartheid” and “Genocide Powered by AWS” atop an image of a Gazan neighborhood reduced to rubble.

    Photograph: Caroline Haskins

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