Union Bank of the Philippines signed a deal with open-source provider Red Hat to help the local lender accelerate the migration of mission-critical workloads from on-premises environments to the Amazon Web Services (AWS) cloud platform.
Amazon Bedrock, Amazon’s fully managed generative AI service, will help more customers build and scale generative AI applications, while Amazon Titan Embeddings, a large language model (LLM) that converts text into numerical representations, makes it easier for customers to extend the power of any FM using their proprietary data with the confidence that their data will remain secure and always under their own control.
AWS says that migrating workloads onto the cloud and maximizing cloud solutions can empower SE Asian organizations to reduce carbon emissions, while also enabling them to capitalize on emerging technologies.
In conjunction with the event, the International Research Centre on Artificial Intelligence (IRCAI), an organization under the auspices of UNESCO, together with AWS, also launched the Compute for Climate Fellowship to support climate tech startups applying AI.
A new report commissioned by cloud services provider Amazon Web Services (AWS) has revealed that while Asia Pacific corporations are searching for digitally skilled workers, the region’s workforce direly needs to upskill to meet this demand.
The new type of cloud infrastructure deployment will allow organizations with low latency or data residency requirements to run their applications closer to end users and on-premises data centers within the nation’s capital.
The company recently unveiled the AWS Industry Quest for Financial Services, a game-based learning experience specifically designed for financial service employees to help them build innovative new banking solutions on the cloud.