Amazon Com Stock Price, News & Analysis

Amazon Web Services (AWS) has been named the preferred cloud provider for American Family Insurance, marking a multiyear agreement aimed at facilitating cloud migration and driving innovation. This partnership will enhance operational efficiency for American Family's 13.1 million policyholders while supporting local communities through IT training initiatives. In addition, a co-innovation fund will promote the development of novel insurance solutions. The migration to AWS will significantly reduce operating costs and environmental impact, contributing to American Family’s sustainability goals.

Amazon Web Services (AWS) has been chosen by Yahoo as the preferred cloud provider for its advertising technology business, Yahoo Ad Tech. This migration involves transitioning all ad tech workloads from on-premises data centers to AWS to enhance operational efficiency, reduce costs, and improve audience engagement. The platform reaches over 540 million users, offering advertisers a robust solution with real-time performance insights. Yahoo’s centralized data lake will facilitate advanced analytics, optimizing ad effectiveness and inventory management, ultimately driving revenue growth.

Amazon Web Services (AWS) has extended its global Strategic Collaboration Agreement (SCA) with Slalom, a technology consulting firm, for several years. This partnership aims to develop specialized solutions across various sectors including healthcare and finance, enhancing cloud migration and modernization services for clients. The companies plan joint expansions into new markets, co-investing to support growth in regions such as Ireland and the Netherlands. Over 160 customers have benefited from their collaboration through AWS Launch Centers.

Amazon has been selected by Stability AI as its preferred cloud provider to develop open-source AI models, enhancing efficiency by training them 58% faster using Amazon SageMaker. This collaboration aims to accelerate AI advancements in various content types including text, images, and videos. Stability AI will leverage AWS's compute infrastructure and tools for its operations and plans to share its models with global developers and researchers. This partnership seeks to empower innovation and broad access to AI technology.

Amazon announced eight new capabilities for SageMaker at AWS re:Invent, enhancing the machine learning (ML) lifecycle for developers and data scientists. Key features include SageMaker Role Manager for governance, Model Cards for streamlined documentation, and a centralized Model Dashboard for performance tracking. Additionally, the new Studio Notebooks facilitate real-time collaboration and quick data preparation. The platform also introduces automated model validation using real-time inference and improves handling of geospatial data for various applications, empowering users to leverage ML effectively.

At AWS re:Invent, Amazon announced five new capabilities for its database and analytics services aimed at enhancing data management and analysis for customers handling petabyte-scale workloads. Key updates include the Amazon DocumentDB Elastic Clusters for scaling document workloads, Amazon OpenSearch Serverless for automatic scaling of search workloads, Amazon Athena for Apache Spark for lightning-fast interactive queries, and AWS Glue Data Quality for improved data monitoring and management. Additionally, Amazon Redshift now supports multi-AZ deployments for heightened availability.

Amazon Web Services (AWS) has signed a transformative strategic agreement with Atos, aiming to accelerate cloud migrations for Atos' 800 managed infrastructure customers globally.

This multiyear deal makes AWS Atos' preferred cloud provider, enabling customers to leverage AWS's extensive service portfolio including compute and storage solutions.

Atos plans to train its workforce for over 20,000 AWS certifications, enhancing cloud expertise and supporting customers in their digital transformations while reducing costs and carbon emissions.

Amazon announced that the Thanksgiving holiday shopping weekend was its biggest ever, with customers purchasing hundreds of millions of products globally. Highlights included significant sales in the Home, Fashion, and Toy categories, with small businesses generating over $1 billion in sales. Popular items were Echo Dot, Fire TV Stick, and Apple AirPods. Customers also bought millions of Amazon Devices. The company emphasized its commitment to fast shipping and convenient returns, including an extended returns window until January 31, 2023.

Wallbox, a leader in electric vehicle (EV) charging solutions, announced its migration to AWS at AWS re:Invent. This transition enables Wallbox to leverage AWS capabilities, including analytics and machine learning, to enhance its manufacturing and product development processes globally. Notably, Wallbox achieved a significant 70% reduction in IT costs for residential charging systems through AWS's scalable solutions. This partnership aims to accelerate EV adoption and improve energy management, facilitating a more sustainable energy future.