Amazon Web Services

Amazon Web Services is a subsidiary of Amazon that provides on-demand cloud computing platforms and APIs to individuals, companies, and governments.

Why it’s in the news: It is in the news for sponsoring AI events, launching new agentic AI tools, and expanding partnerships to accelerate AI deployment.

Latest on Amazon Web Services

• Amazon Web Services Sponsors Fusemachines’ Agentic AI Event Bringing Together 20+ Enterprises to Discuss Trust, Governance, and Agentic AI in Hiring
• Amazon Web Services' most vocal customer now runs EC2
• Amazon Web Services unveils agentic AI supply chain tool
• technology firms with existing cloud businesses like Amazon Web Services, Microsoft Azure, and Google Cloud have a competitive advantage in profiting from AI development.
• Danske Bank extended its partnership with Amazon Web Services to accelerate deployment of AI-enabled products and services.
• But here's what's missing: a credible answer to how a bank validates, audits, or even halts an AI system when it's running on someone else's infrastructure, trained on someone else's data pipeline, governed by someone else's terms of service.
• Multinational banks are increasingly approaching Amazon Web Services to explore artificial intelligence implementation for business growth and operational efficiency.
• The move would allow AWS to compete more directly with Nvidia, which currently dominates the AI chip market
• AWS has been developing its own processors to reduce reliance on Nvidia chips for its cloud services
• Amazon Web Services is in talks to sell its custom-designed AI chips to other data centers
• PennyMac Financial Services, Inc. (NYSE: PFSI) expanded its strategic agreement with Amazon Web Services (AWS) to accelerate its transformation into an AI-driven mortgage technology leader. PennyMac, one of America's leading U.S. mortgage lenders and servicers, named AWS as its preferred cloud provider.
• The expansion aims to leverage AWS capabilities to enhance PennyMac's mortgage technology operations.

Connections

13 entities linked to Amazon Web Services across the news graph.