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

GeekWire

Amazon Web Services reported $23 billion in revenue for the third quarter, up 12%, matching the growth rate from the second quarter. Earlier this week, Microsoft topped expectations for its quarterly results , with increased cloud revenue foreshadowing strong interest in its artificial intelligence products.

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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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AI for everyone - How companies can benefit from the advance of machine learning

All Things Distributed

In the case of artificial intelligence (AI) and machine learning (ML), this is different. Many are uncomfortable with the idea that an artificial intelligence exists alongside human intelligence. Artificial intelligence helps to satisfy the customer. That is understandable. New division of labor.

Company 147
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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. Hyde previously spent six years at Alaska Airlines as managing director for community relations.