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Amazon Stock Moves Higher As AWS Unveils New AI Advancements: What You Need To Know

Benzinga ·  04:38

Amazon.com Inc(NASDAQ:AMZN) shares are trading higher Tuesday. Amazon Web Services made a slew of announcements at its re:Invent 2024 conference, including the general availability of Trainium2, new database capabilities, Bedrock updates and new foundation models. Here's what you need to know.

What To Know:Amazon's biggest conference of the year, AWS re:Invent 2024, kicked off this week with sessions set to run through Friday.

Amazon Web Services CEOMatt Garmanon Tuesday gave his first keynote since taking the helm of AWS in June. The company announced the general availability of its Trainium2 chip and broughtBenoit...

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