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Amazon stock rises after beating Q3 estimates with $143.1B in revenue, $9.9B in profits

GeekWire

Amazon’s cost-cutting moves over the past year, including thousands of layoffs and tightening of its fulfillment network, appear to be helping improve the company’s bottom line as it manages macroeconomic forces such as inflation and interest rates. Amazon Web Services: Amazon’s cloud business was up 12% at $23 billion, with $6.9

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12 most popular AI use cases in the enterprise today

CIO Business Intelligence

And with the rise of generative AI, artificial intelligence use cases in the enterprise will only expand. Meanwhile, companies such as Pentagon Credit Union (PenFed) are using chatbots and conversational AI to help customers get answers to common questions faster, reducing the load on customer service reps.

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Tech Moves: Qumulo hires cloud CTO; ex-Tableau CMO joins Conversica board; 98point6 adds COO

GeekWire

Corey spent the past five years at Amazon Web Services, most recently leading the transformation team for enterprise customers. She previously held IT roles at Tyler Technologies, Novartis-Alcon Labs and Southwest Airlines. . — Seattle startup Qumulo named Janine Corey as its cloud chief technology officer.

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Tech Moves: AWS names first head of space policy; WeWork Labs leader joins Alexa Fund; Moz co-founder leaves board

GeekWire

Peter Marquez has joined Amazon Web Services as the first head of space policy. Elizabeth Scallon has joined Amazon’s Alexa Fund to help the tech giant engage startups in artificial intelligence and voice technology. Warn previously spent time at Bulletproof, TigerOak Media, Expedia and MTV Networks.