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Amazon downsizes AWS in a fresh cost-cutting round

CIO Business Intelligence

In a fresh round of layoffs, Amazon is laying off hundreds in the company’s cloud division, Amazon Web Services (AWS). The layoffs will affect AWS’ sales, marketing, and brick-and-mortar technology development teams. In 2018, Amazon introduced cashier-less tech “Just Walk Out” at a Seattle store.

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Microsoft reports a Majorana development in its quest to build quantum computers

GeekWire

Microsoft Azure, Amazon Web Services and other cloud-based services are already using hybrid systems to bring some of the benefits of the quantum approach to applications ranging from drug development to traffic management.

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Amazon stock rises as Q1 earnings top estimates with $143.3B in revenue; AWS sales up 17%

GeekWire

Amazon’s two big profit drivers, Amazon Web Services and advertising, posted year-over-year revenue growth of 17% and 24%, respectively. billion Q1 2018: $51.0 Amazon Web Services: Amazon’s cloud business was up 17% at $25 billion, with $9.4 Analysts expected Q1 revenue of $142.7 billion Q1 2023: $127.4

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Ex-Apple engineers raise $7.5M for new Seattle data storage startup

GeekWire

A trio of former Apple engineers is leading a new data storage platform for developers building machine learning and artificial intelligence applications. XetHub aims to help developers speed up how they write and implement code for “intelligent” applications, particularly for teams that are working remotely.

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As ‘low-code’ competition grows, Microsoft integrates Power Apps with GitHub and Teams

GeekWire

Microsoft CEO Satya Nadella, showing the company’s major tech platforms during his Microsoft Ignite keynote, including the Power Platform low-code software development technologies and GitHub code platform. One of T-Mobile’s most important applications is one its customers rarely see. Microsoft Photo).

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Amazon preps for a ‘multi-robot’ world: RoboRunner cloud service builds on its own warehouse tech

GeekWire

Amazon is incorporating technology originally developed for its own warehouses into a new cloud service, RoboRunner, that other companies can use to manage and coordinate fleets of robots from multiple vendors. Now Amazon is preparing for a similar outcome in robotics.

Cloud 121
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ChatGPT, the rise of generative AI

CIO Business Intelligence

ChatGPT was trained with 175 billion parameters; for comparison, GPT-2 was 1.5B (2019), Google’s LaMBDA was 137B (2021), and Google’s BERT was 0.3B (2018). Meanwhile, however, many other labs have been developing their own generative AI models. For now, ChatGPT is finding most of its applications in creative settings.