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Anthropic forms a new team to grow its AWS business

In a sign of Anthropic’s increasingly cozy relationship with Amazon, Anthropic has formed a new team to recruit AWS customers to use its AI products. The team, which Anthropic appears to have begun hiring several months ago, aims to “accelerate” the adoption of Anthropic’s AI among AWS accounts by “building programs that […] scale across … Read more

Solid, which claimed to be the ‘AWS of fintech,’ files for bankruptcy after raising nearly $81M in funding

Banking-as-a-service startup Solid (formerly called Wise) has filed for Chapter 11 bankruptcy protection, according to documents filed in the United States Bankruptcy Court for the District of Delaware on April 7. Founded in 2018, the fintech company had raised a total of nearly $81 million in funding from investors such as FTV Capital and Headline. … Read more

AWS generative AI exec leaves to launch startup

Raj Aggarwal is leaving AWS after nearly three years as the company’s GM of generative AI and revenue acceleration, according to a LinkedIn post Aggarwal published Wednesday. “I’m proud of the pioneering work our team did in generative AI from its earliest days,” Aggarwal said in his post. “We built what might be the world’s … Read more

AWS EMEA chief: Large companies are not adopting AI as quickly as start-ups

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AWS earnings Q4 2024

Amazon Web Services (AWS) CEO Matt Garman delivers a keynote address during the AWS re:Invent conference in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images Entertainment | Getty Images Amazon said Thursday that revenue growth from its cloud-computing business slowed slightly to just under 19% year over year in the fourth quarter, … Read more

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