AWS reported $23.1 billion in revenue in the September quarter. AP
AWS reported $23.1 billion in revenue in the September quarter. AP
AWS reported $23.1 billion in revenue in the September quarter. AP
AWS reported $23.1 billion in revenue in the September quarter. AP

AWS unveils new chips, AI features and enhanced cloud offerings at re:Invent


Alkesh Sharma
  • English
  • Arabic

Amazon Web Services has announced the creation of faster chips, the latest generative artificial intelligence capabilities to increase productivity and the general availability of Amazon S3 express one zone – its latest high-performance cloud storage service – to boost its portfolio as it wrestles with companies like Microsoft, Oracle and SAP to increase its market share.

“The cloud is for everyone … customers of all sizes, all industries and from all regions are using AWS cloud,” Adam Selipsky, chief executive of AWS, said at the company’s annual re: Invent event in Las Vegas, Nevada.

“Leading enterprises are using AWS cloud. Our clients come from various industries including financial services, health care and automotive.”

Cloud computing experts, customers and technology enthusiasts have descended on Las Vegas to attend the event, which runs through December 1.

The new Amazon S3 express one zone is the lowest latency cloud object storage available and customers can also scale their storage up or down as needed.

It offers data access speed up to 10 times faster and costs up to 50 per cent less than Amazon S3 standard, Mr Selipsky said.

Amazon S3, which was launched 17 years ago, is one of the most popular cloud storage service, with millions of customers around the world. It holds more than 350 trillion objects and averages more than 100 million requests per second.

Adam Selipsky, chief executive of AWS, while making new product announcements at re:Invent event in Las Vegas. Photo AWS
Adam Selipsky, chief executive of AWS, while making new product announcements at re:Invent event in Las Vegas. Photo AWS

It is well-suited for emerging use cases – such as machine learning and AI training, interactive analytics, financial model simulations, real-time advertising and media content creation – that require writing and gaining access to data millions of times per minute.

Amazon S3 express one zone aims to deliver the “fastest data access speed for the most latency-sensitive applications and enable customers to make millions of requests per minute for their highly accessed data sets”, while also reducing request and compute costs, said James Kirschner, general manager of Amazon S3 at AWS.

AWS, the world's biggest cloud services provider, had good momentum in sales in the September quarter. Its revenue reached $23.1 billion in the third quarter of the year, rising annually by more than 12.2 per cent.

The company also announced the next generation of two AWS-designed chip families – AWS Graviton4 and AWS Trainium2. The new chips intend to deliver “advancements in price performance and energy efficiency” for a range of customer workloads, including ML training and generative AI applications.

Graviton4 provides up to 30 per cent better computing performance and 75 per cent more memory bandwidth than the current generation Graviton3 processors.

It marks the fourth generation of chips by AWS in five years and is the “most powerful and energy efficient chip the company has ever built” for a broad range of workloads, AWS said.

While Trainium2 is designed to deliver up to four times faster training than the first-generation Trainium chips. It can train foundation models and large language models in a fraction of the time, while improving energy efficiency up to two times, AWS said.

“Silicon underpins every customer workload, making it a critical area of innovation for AWS,” said David Brown, vice president of compute and networking at AWS.

“By focusing our chip designs on real workloads that matter to customers, we are able to deliver the most advanced cloud infrastructure to them.”

The 12th annual re: Invent event features speeches, innovation talks, builder labs, workshops, demos and service announcements. Nearly 50,000 attendees are attending it in person, while 300,000 are following the event online.

Nearly 50,000 attendees are attending re:Invent in person, while 300,000 are following the event online. Photo: AWS
Nearly 50,000 attendees are attending re:Invent in person, while 300,000 are following the event online. Photo: AWS

AWS also announced new generative AI capabilities in Amazon Connect – the company’s cloud contact centre that enables organisations to deliver better customer experiences at lower costs.

Powered by large language models, the new features aim to transform how companies provide customer service, AWS said.

For example, Amazon Q in Connect will provide agents with recommended responses and actions based on real-time customer questions, for faster, more accurate customer support.

Amazon Connect contact lens helps to identify the essential parts of call centre conversations with AI-generated summaries that detect sentiment, trends and policy compliance.

Another feature Amazon Lex enables contact centre administrators to create new chatbots and interactive voice response systems in hours by using natural-language prompts. It could improve existing systems by generating responses to commonly asked questions.

The contact centre industry is poised to be “fundamentally transformed by generative AI”, offering customer service agents new ways to deliver personalised customer experiences, said Pasquale DeMaio, vice president of Amazon Connect at AWS applications.

“Yet few organisations have the advanced machine learning expertise to easily harness this technology and apply it to their operations.”

The company also announced Amazon Q, a new type of generative AI-powered assistant tailored to provide actionable information in real time to “streamline tasks, speed decision making, and spark creativity, built with rock-solid security and privacy”, Mr Selipsky said.

Europe’s rearming plan
  • Suspend strict budget rules to allow member countries to step up defence spending
  • Create new "instrument" providing €150 billion of loans to member countries for defence investment
  • Use the existing EU budget to direct more funds towards defence-related investment
  • Engage the bloc's European Investment Bank to drop limits on lending to defence firms
  • Create a savings and investments union to help companies access capital
The years Ramadan fell in May

1987

1954

1921

1888

Analysis

Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

UAE currency: the story behind the money in your pockets
Results

6.30pm: Maiden Dh165,000 (Dirt) 1,600m

Winner: Celtic Prince, David Liska (jockey), Rashed Bouresly (trainer).

7.05pm: Conditions Dh240,000 (D) 1,600m

Winner: Commanding, Richard Mullen, Satish Seemar.

7.40pm: Handicap Dh190,000 (D) 2,000m

Winner: Grand Argentier, Pat Dobbs, Doug Watson.

8.15pm: Handicap Dh170,000 (D) 2,200m

Winner: Arch Gold, Sam Hitchcott, Doug Watson.

8.50pm: The Entisar Listed Dh265,000 (D) 2,000m

Winner: Military Law, Antonio Fresu, Musabah Al Muhairi.

9.25pm: The Garhoud Sprint Listed Dh265,000 (D) 1,200m

Winner: Ibn Malik, Dane O’Neill, Musabah Al Muhairi.

10pm: Handicap Dh185,000 (D) 1,400m

Winner: Midnight Sands, Pat Dobbs, Doug Watson.

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Read part three: the age of the electric vehicle begins

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

Who has been sanctioned?

Daniella Weiss and Nachala
Described as 'the grandmother of the settler movement', she has encouraged the expansion of settlements for decades. The 79 year old leads radical settler movement Nachala, whose aim is for Israel to annex Gaza and the occupied West Bank, where it helps settlers built outposts.

Harel Libi & Libi Construction and Infrastructure
Libi has been involved in threatening and perpetuating acts of aggression and violence against Palestinians. His firm has provided logistical and financial support for the establishment of illegal outposts.

Zohar Sabah
Runs a settler outpost named Zohar’s Farm and has previously faced charges of violence against Palestinians. He was indicted by Israel’s State Attorney’s Office in September for allegedly participating in a violent attack against Palestinians and activists in the West Bank village of Muarrajat.

Coco’s Farm and Neria’s Farm
These are illegal outposts in the West Bank, which are at the vanguard of the settler movement. According to the UK, they are associated with people who have been involved in enabling, inciting, promoting or providing support for activities that amount to “serious abuse”.

NO OTHER LAND

Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

The five pillars of Islam
RESULTS
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SPEC%20SHEET%3A%20APPLE%20IPHONE%2014%20PRO%20MAX
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MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

SPECS

Engine: 4-litre V8 twin-turbo
Power: 630hp
Torque: 850Nm
Transmission: 8-speed Tiptronic automatic
Price: From Dh599,000
On sale: Now

Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

WHAT%20START-UPS%20IS%20VISA%20SEEKING%3F
%3Cp%3E%3Cstrong%3EEnablers%20of%20digital%20services%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Blockchain%20and%20cryptocurrency%3Cbr%3E%E2%80%A2%20Crowdfunding%3Cbr%3E%E2%80%A2%20Banking-as-a-service%3Cbr%3E%E2%80%A2%20Banking%20identification%20number%20sponsors%3Cbr%3E%E2%80%A2%20Issuers%2Fprocessors%3Cbr%3E%E2%80%A2%20Programme%20managers%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDigital%20issuance%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Blockchain%20and%20cryptocurrency%3Cbr%3E%E2%80%A2%20Alternative%20lending%3Cbr%3E%E2%80%A2%20Personal%20financial%20management%3Cbr%3E%E2%80%A2%20Money%20transfer%20and%20remittance%3Cbr%3E%E2%80%A2%20Digital%20banking%20(neo%20banks)%3Cbr%3E%E2%80%A2%20Digital%20wallets%2C%20peer-to-peer%20and%20transfers%3Cbr%3E%E2%80%A2%20Employee%20benefits%3Cbr%3E%E2%80%A2%20Payables%3Cbr%3E%E2%80%A2%20Corporate%20cards%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EValue-add%20for%20merchants%2Fconsumers%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Data%20and%20analytics%3Cbr%3E%E2%80%A2%20ID%2C%20authentication%20and%20security%3Cbr%3E%E2%80%A2%20Insurance%20technology%3Cbr%3E%E2%80%A2%20Loyalty%3Cbr%3E%E2%80%A2%20Merchant%20services%20and%20tools%3Cbr%3E%E2%80%A2%20Process%20and%20payment%20infrastructure%3Cbr%3E%E2%80%A2%20Retail%20technology%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESME%20recovery%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Money%20movement%3Cbr%3E%E2%80%A2%20Acceptance%3Cbr%3E%E2%80%A2%20Risk%20management%3Cbr%3E%E2%80%A2%20Brand%20management%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ENew%20categories%20for%202023%3C%2Fstrong%3E%3Cbr%3E%E2%80%A2%20Sustainable%20FinTechs%3Cbr%3E%E2%80%A2%20Risk%3Cbr%3E%E2%80%A2%20Urban%20mobility%3C%2Fp%3E%0A
The years Ramadan fell in May

1987

1954

1921

1888

Company profile

Name: Back to Games and Boardgame Space

Started: Back to Games (2015); Boardgame Space (Mark Azzam became co-founder in 2017)

Founder: Back to Games (Mr Azzam); Boardgame Space (Mr Azzam and Feras Al Bastaki)

Based: Dubai and Abu Dhabi 

Industry: Back to Games (retail); Boardgame Space (wholesale and distribution) 

Funding: Back to Games: self-funded by Mr Azzam with Dh1.3 million; Mr Azzam invested Dh250,000 in Boardgame Space  

Growth: Back to Games: from 300 products in 2015 to 7,000 in 2019; Boardgame Space: from 34 games in 2017 to 3,500 in 2019

Farasan Boat: 128km Away from Anchorage

Director: Mowaffaq Alobaid 

Stars: Abdulaziz Almadhi, Mohammed Al Akkasi, Ali Al Suhaibani

Rating: 4/5

The specs
Engine: Long-range single or dual motor with 200kW or 400kW battery
Power: 268bhp / 536bhp
Torque: 343Nm / 686Nm
Transmission: Single-speed automatic
Max touring range: 620km / 590km
Price: From Dh250,000 (estimated)
On sale: Later this year
Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%3A%3C%2Fstrong%3E%20Eco%20Way%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20December%202023%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Ivan%20Kroshnyi%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Electric%20vehicles%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Bootstrapped%20with%20undisclosed%20funding.%20Looking%20to%20raise%20funds%20from%20outside%3Cbr%3E%3C%2Fp%3E%0A
Updated: November 29, 2023, 8:14 PM`