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Partnerships

AMZN

AWS announced Amazon Q, a generative AI-powered assistant for the workplace, designed with enterprise-grade security and privacy. Amazon Q can be tailored to a customer's business, providing employees with answers, content generation, and action-taking capabilities using company data and expertise. It integrates with AWS services and applications like BI, contact centers, and supply chain management. Amazon Q is available in preview, with specific features already generally available or coming soon. The announcement was made at AWS re:Invent, highlighting Amazon Q's potential to transform how work is done by leveraging AWS's extensive knowledge and experience. Customers like Accenture, BMW Group, Gilead, Mission Cloud, Orbit Irrigation, and Wunderkind have expressed excitement about using Amazon Q.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 6:22 pm

AMZN

AWS has introduced four new capabilities to enhance its AWS Supply Chain service. These include Supply Planning for accurate forecasting and planning, N-Tier Visibility for improved planning and execution with suppliers, Supply Chain Sustainability for tracking carbon emissions and compliance data, and Amazon Q, an AI-powered assistant for risk management and scenario visualization. Companies like Boston Consulting Group, Equipment Depot, and Woodside Energy are already utilizing these new features.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 6:01 pm

DELL

NVDA

Dell Technologies Inc. has partnered with AI startup Imbue in a $150 million deal to create a high-performance computing cluster for training AI models focused on reasoning. Imbue, which recently raised $200 million with NVIDIA Corporation as an investor, is utilizing Dell PowerEdge servers with NVIDIA GPUs for this project. The collaboration aims to advance AI innovation, particularly in developing systems with enhanced reasoning capabilities. Dell's stock saw a slight decrease of 0.19% to $74.32.

Portfolio Pulse from Nabaparna Bhattacharya

November 28, 2023 | 5:56 pm

AMZN

Amazon Web Services (AWS) has introduced new generative AI capabilities in Amazon Connect, its cloud contact center service, to enhance customer service experiences. These capabilities include Amazon Q in Connect for real-time agent assistance, Amazon Connect Contact Lens for AI-generated summaries of customer conversations, Amazon Lex for easier chatbot and IVR creation, and Amazon Connect Customer Profiles for aggregating customer data. Companies like Choice Hotels, NatWest Group, NeuraFlash, Traeger Grills, and USAN are already using these features to improve productivity and customer satisfaction. The new features are designed to be easily implemented by non-technical business leaders and are generally available, with Amazon Connect Contact Lens in preview.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 5:52 pm

DELL

MSFT

MU

NVDA

Micron Technology Inc. (MU) raised its revenue and earnings guidance for Q1 2024, signaling a potential end to the chip slump. However, shares dropped due to projected operating expenses of $990 million, exceeding analyst expectations. Dell Technologies Inc. (DELL) secured a $150 million deal with AI startup Imbue, which recently raised funds with Nvidia Corporation's (NVDA) involvement. Dell is also collaborating with Microsoft Corporation (MSFT) to implement Microsoft 365 Copilot, leveraging Dell's technology expertise.

Portfolio Pulse from Upwallstreet

November 28, 2023 | 5:22 pm

NVDA

NVIDIA announced a new generative AI microservice at AWS re:Invent, designed to integrate custom large language models with enterprise data, enhancing AI applications with accurate responses.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 5:16 pm

MITK

Abrigo, a provider of compliance, credit risk, and lending solutions, has partnered with Mitek Systems (MITK), a global leader in digital identity verification solutions, to enhance fraud detection capabilities for financial institutions. This partnership will integrate Mitek's identity verification technology into Abrigo's platform, aiming to improve the accuracy and efficiency of fraud detection processes for their clients.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 5:05 pm

TBLA

Taboola's stock price is on the rise following the announcement of a new five-year agreement with NBCUniversal News Group.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 5:01 pm

CMCSA

TBLA

Shares of Taboola.Com Ltd. (NASDAQ:TBLA) are rising after announcing a new five-year deal with NBCUniversal News Group, a subsidiary of Comcast Corporation (NASDAQ:CMCSA). The partnership, which builds on a relationship since 2014, will see NBCUniversal continue to use Taboola's products to enhance audience growth, user engagement, and revenue across its digital properties. Taboola's CEO Adam Singolda highlighted the trust and benefits developed with NBCUniversal, while NBCUniversal's Chief Business Officer Satpal Brainch expressed enthusiasm for the partnership's future.

Portfolio Pulse from Nabaparna Bhattacharya

November 28, 2023 | 5:01 pm

AMZN

NVDA

At AWS re:Invent, NVIDIA's CEO announced the deployment of new L4, L40, and the brand new Gh200 chips at AWS. This collaboration showcases NVIDIA's latest technology being integrated into Amazon's cloud computing services, potentially enhancing AWS's offerings with advanced AI and computing capabilities.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 4:38 pm