AWS

Generative AI Market worth $136.7 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, April 29, 2024

Video data modality in the Generative AI Market is poised for the fastest growth rate during the forecast period due to the increasing popularity of video content across industries.

Key Points: 
  • Video data modality in the Generative AI Market is poised for the fastest growth rate during the forecast period due to the increasing popularity of video content across industries.
  • Trends indicate a shift towards multi-modal generative AI, where systems can process not just text but also images, audio, and video.
  • The region boasts a robust ecosystem of technology companies, research institutions, and AI startups, fostering innovation and adoption of generative AI across industries.
  • Additionally, North America leads in AI research and development, with major players like Google, Microsoft, and IBM investing heavily in generative AI technologies.

Deep Learning and Neural Networks Drive a Potential $7.9 Trillion AI Economy

Retrieved on: 
Monday, April 29, 2024

VANCOUVER, BC, April 29, 2024 /PRNewswire/ -- USA News Group – As artificial intelligence (AI) continues to permeate the corporate landscape, its potential economic impact is becoming increasingly clear. According to McKinsey & Company's recent analysis, which spans 63 different use cases, the data suggests that generative AI could contribute as much as $7.9 trillion to the global economy annually in the foreseeable future. The market has already responded, as the Cloud & AI Confidence Index reached nearly $8 trillion in the first quarter of 2024, showing the potential for generative AI to be "unlimited". One major aspect of the AI revolution is the rapid progression of deep machine learning and neural networks, which are each making major strides thanks to the advancements being made by developers, such as Tesla, Inc. (NASDAQ: TSLA) (NEO: TSLA), Accenture plc (NYSE: ACN), Palantir Technologies Inc. (NYSE: PLTR), ServiceNow, Inc. (NYSE: NOW) (NEO: NOWS), and Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF).

Key Points: 
  • The market has already responded, as the Cloud & AI Confidence Index reached nearly $8 trillion in the first quarter of 2024 , showing the potential for generative AI to be "unlimited".
  • Young brings over 25 years of leadership experience to Scope AI, with the intention to branch out GEM's capabilities to new sectors and potential clientele.
  • "We are thrilled to welcome James as our new CEO," said James Liang, former CEO of Scope AI.
  • At its core, GEM is designed to allow businesses to create their own object detection, visual information systems, and a complete neural network.

Deep Learning and Neural Networks Drive a Potential $7.9 Trillion AI Economy

Retrieved on: 
Monday, April 29, 2024

VANCOUVER, BC, April 29, 2024 /PRNewswire/ -- USA News Group – As artificial intelligence (AI) continues to permeate the corporate landscape, its potential economic impact is becoming increasingly clear. According to McKinsey & Company's recent analysis, which spans 63 different use cases, the data suggests that generative AI could contribute as much as $7.9 trillion to the global economy annually in the foreseeable future. The market has already responded, as the Cloud & AI Confidence Index reached nearly $8 trillion in the first quarter of 2024, showing the potential for generative AI to be "unlimited". One major aspect of the AI revolution is the rapid progression of deep machine learning and neural networks, which are each making major strides thanks to the advancements being made by developers, such as Tesla, Inc. (NASDAQ: TSLA) (NEO: TSLA), Accenture plc (NYSE: ACN), Palantir Technologies Inc. (NYSE: PLTR), ServiceNow, Inc. (NYSE: NOW) (NEO: NOWS), and Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF).

Key Points: 
  • The market has already responded, as the Cloud & AI Confidence Index reached nearly $8 trillion in the first quarter of 2024 , showing the potential for generative AI to be "unlimited".
  • Young brings over 25 years of leadership experience to Scope AI, with the intention to branch out GEM's capabilities to new sectors and potential clientele.
  • "We are thrilled to welcome James as our new CEO," said James Liang, former CEO of Scope AI.
  • At its core, GEM is designed to allow businesses to create their own object detection, visual information systems, and a complete neural network.

ClearScale and Stream Security Forge Strategic Partnership for Continuous, Real-time Monitoring in the Cloud

Retrieved on: 
Monday, April 29, 2024

SAN FRANCISCO , April 29, 2024   /PRNewswire/ -- In a strategic move that sets a new benchmark for cloud management, ClearScale, a leader in cloud services, has joined forces with Stream Security, innovators in real-time cloud security, to introduce a new approach to managing and optimizing AWS cloud environments. This partnership combines ClearScale's deep AWS expertise with Stream Security's CloudTwin™ technology, offering businesses unparalleled continuous compliance and cybersecurity oversight in the cloud.

Key Points: 
  • This partnership combines ClearScale's deep AWS expertise with Stream Security's CloudTwin™ technology, offering businesses unparalleled continuous compliance and cybersecurity oversight in the cloud.
  • The integration of ClearScale's comprehensive AWS cloud services with Stream Security's real-time detection and response technology ensures that companies can confidently navigate the complexities of regulatory compliance, evolving security threats, and cloud cost visibility.
  • Jeff Carson, Vice President of Strategy and Solutions at ClearScale, highlighted the partnership's focus on empowering businesses: "Our partnership with Stream Security provides a new level of tactical governance oversight for AWS cloud environments.
  • "ClearScale's reputation in cloud services and deep AWS expertise aligns perfectly with our mission to transform cloud security and audit readiness," said Or Shoshani, CEO at Stream Security.

HiddenLayer Uncovers Deserialization Vulnerability in Open-Source Programming Language, R

Retrieved on: 
Monday, April 29, 2024

AUSTIN, Texas, April 29, 2024 /PRNewswire/ -- HiddenLayer, the leading security provider for artificial intelligence (AI) models and assets, has exposed a vulnerability in R, an open-source statistical programming language. This threat leaves users across critical sectors, including government, medical, and financial industries, vulnerable to targeted and supply chain attacks.

Key Points: 
  • R is an open-source programming language and software environment for statistical computing, data visualization, and machine learning.
  • HiddenLayer researchers discovered a vulnerability, CVE-2024-27322, that allows for arbitrary code execution by deserializing untrusted data.
  • Learn more about this vulnerability in HiddenLayer's blog post " R-bitrary Code Execution: Vulnerability in R's Deserialization ."
  • Following our responsible disclosure process, HiddenLayer worked closely with the team at R who worked quickly to patch this vulnerability within the most recent release - R v4.4.0, and CISA to support remediation efforts.

Asure Announces First Quarter 2024 Results

Retrieved on: 
Thursday, May 2, 2024

AUSTIN, Texas, May 02, 2024 (GLOBE NEWSWIRE) -- Asure Software, Inc. (“we”, “us”, “our”, “Asure” or the “Company”) (Nasdaq: ASUR), a leading provider of cloud-based Human Capital Management (“HCM”) software solutions, today reported results for the first quarter ended March 31, 2024.

Key Points: 
  • AUSTIN, Texas, May 02, 2024 (GLOBE NEWSWIRE) -- Asure Software, Inc. (“we”, “us”, “our”, “Asure” or the “Company”) (Nasdaq: ASUR), a leading provider of cloud-based Human Capital Management (“HCM”) software solutions, today reported results for the first quarter ended March 31, 2024.
  • These releases are part of an architecture modernization strategy to improve scalability and lower cost to serve for Asure’s HCM suite.
  • Went live with first Workday client, a Major League Baseball (MLB) team, following certification of Workday’s Global Payroll integration with Asure’s Payroll Tax Platform.
  • While the one-time revenue associated with ERTC in 2023 may have masked our underlying growth story, we have a strong recurring revenue business that continues to grow every year.”
    The Company is providing the following guidance for the second quarter 2024 and full year 2024 based on the Company’s year-to-date results and recent business trends.

With Support from AWS, Yseop Develops a Unique Generative AI Application for Regulatory Document Generation Across BioPharma

Retrieved on: 
Thursday, May 2, 2024

NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Yseop , a world leading Artificial Intelligence (AI) software company and pioneer in Generative AI, with support from Amazon Web Services (AWS), today announced the development of an enhanced Generative AI application for the Biopharma industry.

Key Points: 
  • NEW YORK, May 02, 2024 (GLOBE NEWSWIRE) -- Yseop , a world leading Artificial Intelligence (AI) software company and pioneer in Generative AI, with support from Amazon Web Services (AWS), today announced the development of an enhanced Generative AI application for the Biopharma industry.
  • Yseop, with the support of AWS, is empowering the world’s top Biopharma companies to bring pharmaceuticals and vaccines to market even faster.
  • “Yseop has built a unique Generative AI platform for regulatory document generation that can increase the rate at which new drugs are introduced, while addressing top concerns like security, performance, and data localization” said Emmanuel Walckenear, CEO of Yseop.
  • “Yseop can now leverage capabilities like Amazon Sagemaker and Amazon Bedrock to meet the strict AI software and data requirements across Biopharma."

Prime Video to Become the Home of National Monday Night NHL Games in Canada Beginning in 2024-25 Season, with Prime Monday Night Hockey

Retrieved on: 
Thursday, April 25, 2024

TORONTO, April 25, 2024 (GLOBE NEWSWIRE) -- Amazon (NASDAQ: AMZN), Rogers Communications, and the National Hockey League (NHL) today announced a milestone two-year agreement in Canada to bring hockey fans Monday night NHL hockey exclusively on Prime Video.

Key Points: 
  • TORONTO, April 25, 2024 (GLOBE NEWSWIRE) -- Amazon (NASDAQ: AMZN), Rogers Communications, and the National Hockey League (NHL) today announced a milestone two-year agreement in Canada to bring hockey fans Monday night NHL hockey exclusively on Prime Video.
  • Prime Monday Night Hockey will stream all national regular season Monday night NHL games in English for the 2024/25 and 2025/26 NHL seasons.
  • The deal is the NHL’s first exclusive national broadcast package with a digital-only streaming service in Canada.
  • The Prime Monday Night Hockey package, produced by Prime Video, will feature a new broadcast team offering in-depth analysis and play-by-play coverage, and stream live exclusively to Prime members in Canada.

Dataiku Enables Generative AI-Powered Chat Across the Enterprise

Retrieved on: 
Thursday, April 25, 2024

Everyday AI Summit, NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- Dataiku , the platform for Everyday AI, today announced Dataiku Answers , a new way for data teams to build Generative AI-powered chat using retrieval-augmented generation (RAG) at enterprise scale.

Key Points: 
  • Everyday AI Summit, NEW YORK, April 25, 2024 (GLOBE NEWSWIRE) -- Dataiku , the platform for Everyday AI, today announced Dataiku Answers , a new way for data teams to build Generative AI-powered chat using retrieval-augmented generation (RAG) at enterprise scale.
  • Even when employees do have access, mainstream LLMs lack the power to query an organization's proprietary data, making insights unreliable and considerably limiting enterprise value for chat applications.
  • Dataiku Answers solves these challenges by enabling data teams to easily build RAG-based chatbots fueled by proprietary content to deliver accelerated insights into enterprise data and knowledge.
  • For data experts looking to leverage the potential of Generative AI while maintaining enterprise-grade security and control, register to attend the demo on May 21 on how to quickly build an effective Generative AI-based chatbot with Snowflake and Dataiku Answers.

Gov. Holcomb announces Amazon Web Services plans to invest $11B to create a new data center campus in Northern Indiana

Retrieved on: 
Thursday, April 25, 2024

NEW CARLISLE, Ind., April 25, 2024 (GLOBE NEWSWIRE) -- Governor Eric J. Holcomb, chairman of the Indiana Economic Development Corporation, today announced that Amazon Web Services (AWS), an Amazon.com .

Key Points: 
  • NEW CARLISLE, Ind., April 25, 2024 (GLOBE NEWSWIRE) -- Governor Eric J. Holcomb, chairman of the Indiana Economic Development Corporation, today announced that Amazon Web Services (AWS), an Amazon.com .
  • Inc. company (NASDAQ: AMZN), plans to invest $11 billion to build a data center campus in north central Indiana and create at least 1,000 new jobs.
  • “Amazon has long been an important economic partner in Indiana, and we are excited to welcome AWS.
  • “This new data center campus to be built in the Indiana Enterprise Center (IEC) over the next decade will be a major employment center for all of northern Indiana.