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Magnetic Revolution: Diamonds and Rust Rewrite Physics Textbooks – SciTechDaily

Researchers at the University of Cambridge have discovered magnetic monopoles in hematite, a material akin to rust, using diamond quantum sensing. This groundbreaking observation of emergent monopoles, which behave like isolated magnetic charges, could revolutionize computing technology by enabling faster and more environmentally friendly applications.

Cambridge researchers have identified magnetic monopoles in hematite, suggesting new possibilities for advanced, eco-friendly computing technologies. This first-time observation of emergent monopoles in a natural magnet could unlock new avenues in quantum material research.

Researchers have discovered magnetic monopoles isolated magnetic charges in a material closely related to rust, a result that could be used to power greener and faster computing technologies.

Researchers led by the University of Cambridge used a technique known as diamond quantum sensing to observe swirling textures and faint magnetic signals on the surface of hematite, a type of iron oxide.

The researchers observed that magnetic monopoles in hematite emerge through the collective behavior of many spins (the angular momentum of a particle). These monopoles glide across the swirling textures on the surface of the hematite, like tiny hockey pucks of magnetic charge. This is the first time that naturally occurring emergent monopoles have been observed experimentally.

The research has also shown the direct connection between the previously hidden swirling textures and the magnetic charges of materials like hematite, as if there is a secret code linking them together. The results, which could be useful in enabling next-generation logic and memory applications, are reported today (December 5) in the journal Nature Materials.

According to the equations of James Clerk Maxwell, a giant of Cambridge physics, magnetic objects, whether a fridge magnet or the Earth itself, must always exist as a pair of magnetic poles that cannot be isolated.

The magnets we use every day have two poles: north and south, said Professor Mete Atatre, who led the research. In the 19th century, it was hypothesized that monopoles could exist. But in one of his foundational equations for the study of electromagnetism, James Clerk Maxwell disagreed.

Atatre is Head of Cambridges Cavendish Laboratory, a position once held by Maxwell himself. If monopoles did exist, and we were able to isolate them, it would be like finding a missing puzzle piece that was assumed to be lost, he said.

About 15 years ago, scientists suggested how monopoles could exist in a magnetic material. This theoretical result relied on the extreme separation of north and south poles so that locally each pole appeared isolated in an exotic material called spin ice.

However, there is an alternative strategy to find monopoles, involving the concept of emergence. The idea of emergence is the combination of many physical entities can give rise to properties that are either more than or different to the sum of their parts.

Working with colleagues from the University of Oxford and the National University of Singapore, the Cambridge researchers used emergence to uncover monopoles spread over two-dimensional space, gliding across the swirling textures on the surface of a magnetic material.

The swirling topological textures are found in two main types of materials: ferromagnets and antiferromagnets. Of the two, antiferromagnets are more stable than ferromagnets, but they are more difficult to study, as they dont have a strong magnetic signature.

To study the behavior of antiferromagnets, Atatre and his colleagues use an imaging technique known as diamond quantum magnetometry. This technique uses a single spin the inherent angular momentum of an electron in a diamond needle to precisely measure the magnetic field on the surface of a material, without affecting its behavior.

For the current study, the researchers used the technique to look at hematite, an antiferromagnetic iron oxide material. To their surprise, they found hidden patterns of magnetic charges within hematite, including monopoles, dipoles, and quadrupoles.

Monopoles had been predicted theoretically, but this is the first time weve actually seen a two-dimensional monopole in a naturally occurring magnet, said co-author Professor Paolo Radaelli, from the University of Oxford.

These monopoles are a collective state of many spins that twirl around a singularity rather than a single fixed particle, so they emerge through many-body interactions. The result is a tiny, localized stable particle with diverging magnetic field coming out of it, said co-first author Dr. Hariom Jani, from the University of Oxford.

Weve shown how diamond quantum magnetometry could be used to unravel the mysterious behavior of magnetism in two-dimensional quantum materials, which could open up new fields of study in this area, said co-first author Dr. Anthony Tan, from the Cavendish Laboratory. The challenge has always been direct imaging of these textures in antiferromagnets due to their weaker magnetic pull, but now were able to do so, with a nice combination of diamonds and rust.

The study not only highlights the potential of diamond quantum magnetometry but also underscores its capacity to uncover and investigate hidden magnetic phenomena in quantum materials. If controlled, these swirling textures dressed in magnetic charges could power super-fast and energy-efficient computer memory logic.

Reference: Revealing emergent magnetic charge in an antiferromagnet with diamond quantum magnetometry by Anthony K. C. Tan, Hariom Jani, Michael Hgen, Lucio Stefan, Claudio Castelnovo, Daniel Braund, Alexandra Geim, Annika Mechnich, Matthew S. G. Feuer, Helena S. Knowles, Ariando Ariando, Paolo G. Radaelli and Mete Atatre, 5 December 2023, Nature Materials.DOI: 10.1038/s41563-023-01737-4

The research was supported in part by the Royal Society, the Sir Henry Royce Institute, the European Union, and the Engineering and Physical Sciences Research Council (EPSRC), part of UK Research and Innovation (UKRI).

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Magnetic Revolution: Diamonds and Rust Rewrite Physics Textbooks - SciTechDaily

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The Science Quiz | What should we make of quantum mechanics? – The Hindu

Questions:

1. Name this interpretation of quantum mechanics thats one of the oldest as well as influential. Theres no definite statement of this interpretation but it has its roots in the ideas of Niels Bohr and Werner Heisenberg. Its most popular feature is information that becomes available about a system when a measurement is made on it.

2. In the many-worlds interpretation, a quantum measurement of a system can have one of many outcomes and that all of them are realised in separate universes. Name the American physicist who proposed it in 1957.

3. _____ is a form of quantum Bayesianism, which holds that quantum theory is a tool to help with decision-making, rather than as a theory that directly describes reality. Fill in the blank.

4. A more well-developed version of the pilot wave theory is named for the two physicists who developed it, Louis de Broglie and X. At the time X introduced his ideas on this theory, many didnt take him seriously, partly because of his Communist affiliations. Name X.

5. Name the interpretation of quantum mechanics designed to help piece together a quantum theory of the universe, a.k.a. quantum cosmology. This way assigns probabilities to the possible histories of any system.

Visual:

Name this Austrian, and later Irish, physicist whose equation informs various interpretations, and was later understood to have been a paedophile.

Answers:

1. Copenhagen interpretation

2. Hugh Everett

3. QBism

4. David Bohm

5. Consistent histories

Visual: Erwin Schrdinger

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The Science Quiz | What should we make of quantum mechanics? - The Hindu

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To see the future of AI, look back to the lessons from the cloud – GeekWire

More than a decade ago, businesses were faced with a new, disruptive technology. This technology promised to cut operational costs, increase productivity, and allow for collaboration from around the world. It also raised concerns about reliability, security, and government regulations.

A decade later, these are the same promises and concerns businesses have about AI, potentially the most disruptive technology in a generation.

We are hearing from customers that they are excited, skeptical, and worried and each reaction is rightfully warranted. We are headed into an uncertain future as AI upends both the business and consumer world, but we are not without clues as to what an AI-powered future might look like or how we might proactively prepare for it.

We only have to look to the lessons learned from the disruptive technology that came before it: the cloud.

For many businesses, the cloud was initially viewed as an alternative to hosting servers, data, and applications on-premises. It was inexpensive, instantaneous to deploy, and relieved IT from the ongoing maintenance burden.

The reality, however, is that where a company hosts its technology infrastructure is just one small part of the journey we now call digital transformation. By using hosted services in the cloud, companies gained access to computing power that was inexpensive, resilient, and scalable based on their changing needs. This led to spillover effects, including many of the clouds initial promises, such as increased productivity, collaboration, and a larger focus on data.

There were also unforeseen costs. Many companies were surprised by data transfer costs, usage bills due to overprovisioning, or poor customer experiences due to underprovisioning. Security breaches and privacy violations related to cloud-hosted services were commonplace, as were outages impacting many customers simultaneously (from Computerworld in 2014: Human error root cause of November Microsoft Azure outage). Few people could have predicted these unforeseen costs, and most IT teams at the time were simply not trained to handle these brand-new situations.

We see a similar situation happening with AI. Take software development, for example, where generative AI has shown the potential to greatly increase the speed of writing code. There are many examples, and they are indeed impressive: code generation, suggested functions, and how-tos for writing scripts in different languages and frameworks.

But building great software is not just about writing code. In fact, developers have told us that its how they spend just 25% of their time (source: Global DevSecOps Report: The State of AI in Software Development). Its one part of an entire process that involves testing, security, monitoring, and more where generative AI is still in its infancy. When we make drastic changes in one area, such as how we write code, we must proactively anticipate unforeseen side effects elsewhere.

As recent headlines, such as Samsung Bans Staffs AI Use After Spotting ChatGPT Data Leak demonstrate, one of these side effects is how a companys code is used to further train language-learning models that their competitors can leverage. Our customers are excited to adopt AI across the software development lifecycle, but are justly concerned about what safeguards are in place to protect their private code and intellectual property.

The onus is on those of us building AI into our products and services to show our customers that they can trust and verify AI-generated code, while exploring ways to use AI elsewhere in software development, such as detecting and explaining security vulnerabilities.

There is no doubt that disruptive technologies generate fear and uncertainty; the same was true of the cloud. At the time, IT departments were often hesitant to hand over the reins of mission-critical hardware and company processes to any outside third party.

There were also legitimate concerns about the future of their jobs. In hindsight, its easy to see that although IT is no longer primarily focused on managing on-premises hardware, it has not been replaced. If anything, as they have learned new skills such as cloud scripting, security research, and systems design, IT is more critical to a companys vision than ever before. They are architects, designing the very infrastructure that makes modern software, platforms, and infrastructure services possible.

The situation with AI will be similar, offering opportunities for people to bring their ideas to life without the need to be expert coders. At the same time, AI will also allow upskilling opportunities for those in traditionally high-skill roles to accelerate their careers by applying their existing skills in new ways, just as the cloud did for IT. Also of note, reducing the maintenance of software will allow organizations to focus developers on more strategic efforts and spread the skilled work across more of them, rather than requiring a single superhero.

When I was at Tableau in 2013, I had the title of Head of Cloud Strategy. A few other forward-thinking companies had similar-sounding roles like Chief Cloud Officer. Today, the title sounds silly, but these leaders served an important purpose at the time: They helped businesses wrap their heads around a brand new framework, evangelizing the benefits of cloud computing, establishing clear guardrails surrounding its adoption, and introducing new innovative concepts like infrastructure as code and GitOps.

We are seeing such leaders again: Head of AI, AI Evangelist even Salesforce has a CEO of AI. They will all champion AIs possibilities while ensuring their companies adopt it responsibly.

The cloud remains one of the most disruptive technologies of the modern era. Some of the most innovative companies in recent history created their products and services because of cloud computing. Quite a few companies, however, have also lost the trust of their customers and as a result, their business, due to their failure to adopt the cloud quickly and securely.

AI is poised to be even more disruptive, and although organizations are optimistic about AI, they know that similar failures to think strategically about responsibility could lead to even worse outcomes regarding data privacy, intellectual property, and, worst of all, trust. For example, in an interview with 60 Minutes, Google and Alphabet CEO Sundar Pichai discussed how AI could be used to spread disinformation through videos of anybody saying anythinghimself included.

Like in the early days of the cloud, we need to strike the right balance between caution and optimism. AI will not simply change how we code, write, communicate, or any single part of our businesses. It will change everything, and with the right leaders in place, we will be ready.

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Enhancing public safety using the cloud: The future of policing with hosted enterprise solutions – Police News

By Joshua Lee

In an era where the demands on public safety agencies are ever-increasing, technological advancements are the cornerstone of effective law enforcement. Among the most significant developments is the transition from traditional on-premises solutions, which require costly maintenance and a large IT staff to maintain, to a hosted public safety solution, which requires no on-premises maintenance and allows agency IT staff to focus on technology used in the agency, not software solutions. Agencies are transforming the way they operate when making the shift to cloud-hosted solutions from traditional on-premise methods.

One success story worth examining is the experience of the Jersey Village Police Department as they adopted Tyler Technologies hosted public safety solutions. This article explores the reasons behind the agencys choice, the benefits reaped from hosted solutions, and the invaluable features that keep public safety personnel ahead of the curve.

As police IT hardware infrastructure ages, agencies are actively looking for solutions to enable 21st-century policing while meeting the stringent demands of their budget. Lieutenant Heath Hawley of the Jersey Village (Texas) Police Department sat down with Police1 to educate readers about Tyler Technologies cloud-hosted solutions for public safety.

Lt. Hawley explained that one of the decisions to migrate to hosted solutions was rooted in a commitment to modernize and optimize police operations. Jersey Village PD is situated on the northwest side of Houston near the city limits. Despite Jersey Villages small size, the agency is busy and active in its operations. Dispatchers are tasked with managing response times while trying to relay critical data like location details and people alerts to officers. But Jersey Villages old systems struggled to keep up with the demand. With Tyler, dispatchers are notified of warrant information through alerts, making it easy to quickly relay the information that officers need.

Accurate data analysis and analytics were another reason Jersey Village PD chose Tyler.

It takes me literally seconds to pull weekly stats of officer activity that are forwarded to the city manager and then to the city council. I put in my date range and go to which group I want to select those calls for, and I get that immediately. The ease of this allows me to spend more time on other tasks and assignments, said Lt. Hawley.

Hawley further explained an agency can customize groups and fields so that when a call for service is entered, it can be recorded correctly. This functionality is particularly important for command staff and budgeting.

The use of this is multilayered, said Hawley. It can be used for crime reduction activities, justifying a needed increase in the budget for additional officers or special equipment. It has also been used to evaluate current city ordinances and to determine if they need to be updated.

Furthermore, if an officer takes a report, the system will route the case to the appropriate group, which improves case management and ensures the agency manages all cases correctly and within the scope of its policy.

Transitioning from on-premises solutions to cloud solutions can be daunting for many police leaders who are used to being in complete control of all aspects of police IT. Fortunately, there have been significant improvements in security for government technology, including secured, encrypted services like Amazon Web Service (AWS). AWS is a global leader in cloud technology with the largest exclusive software provider to the public service. Tylers collaboration with AWS helps ensure hosted solutions are safe and secure for government use.

Transitioning to cloud-hosted public safety solutions brought many benefits to Jersey Village PD. Lt. Hawley explained:

Liberated IT staff

One of the key selling points of cloud-hosted public safety technology is the drastic improvement of a local agencys IT staffs time and resources. Agency IT staff are freed from software maintenance, allowing for an improved focus on innovation and support for the agencys operations.

Unparalleled data security

Because cloud solutions are hosted outside the agency, the hosting company is responsible for providing robust data security measures and safeguarding sensitive information against cyber threats. Since police agencies deal with sensitive information daily, data protection and security are always a top concern.

Software updates made effortless

One of the biggest complaints from PD IT staff surrounds maintaining software updates and pushing them out while minimizing downtime. With Tylers hosted solutions, system updates have become easier than ever before. Agencies can rest assured that they always operate on the latest software, ensuring optimal performance and compliance with evolving regulations.

Among the many features and benefits of Tylers hosted public safety solutions Lt. Hawley said they most appreciated the ease of use and design of the Tyler system. Law enforcement agencies cannot afford to be bogged down by outdated software, and Jersey Village was able to eliminate this concern by keeping software current, and ensuring mission-critical solutions are always available when needed.

Another benefit of cloud-based solutions is that the agency does not need to worry about losing data. This is particularly important in areas that may suffer from natural disasters or have an aging IT infrastructure. If agencies store their data on premises and a natural disaster strikes, they risk losing that data if the hard drives fail. Many cloud-hosting solutions store data, often in several places, so the agency can still access the software and data without downtime when a natural disaster strikes. Tyler goes one step forward by adhering to federal guidelines for backup and storage.

Because of all the pros of hosted solutions, Lt. Hawley explained their command staff, dispatchers and officers adjusted quickly. We recognize the long-term benefits of the transition to the cloud. The cost savings, the improved operations and minimal downtime on updates was really a no-brainer. If, for some reason, Jersey Village PD had an issue, Tyler Technologies was quick to help them.

The Jersey Village Police Departments experience with Tylers hosted public safety solutions serves as a testament to the future of public safety. By moving to the cloud, agencies ensure their mission-critical solutions are reliable and capable of evolving with the ever-changing landscape of law enforcement. The benefits of liberated IT staff, enhanced data security and effortless software updates make hosted solutions the go-to choice for modernizing public safety agencies. In embracing this technology, agencies position themselves to better serve and protect their communities, ensuring their operations run smoothly, efficiently and securely. Jersey Village PD recognized the future of public safety technology is in the cloud, and theyre already experiencing benefits of embracing from making the switch.

About the authorJoshua Lee is an active-duty police sergeant for the City of Mesa (Arizona) Police Department. Before promoting, Joshua served five years as a patrol officer and six years as a detective with the Organized Crime Section investigating civil asset forfeiture, white-collar financial crime and cryptocurrency crimes.

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From Paper to Pixels: The Cloud Resume Challenge – Medium

Real photo of a resume scanning bot

Applying for jobs sucks. From building courage and putting yourself out there to sitting through tedious interviews, finding a sound position has become difficult and tiresome. While a major fix to this is near impossible, we can make it a bit easier. Let's focus on the resume.

I believe there are 3 ways of giving someone a resume.

Imagine for some reason you are stuck without internet (terrible, I know). You want to apply for a hot new tech job because, well, this job is for someone who knows how to get the internet to work again. So here you are, in some unimaginable post-apocalyptic nightmare, known only to people over the age of 50. You need to apply for this job, but there is no LinkedIn, no Indeed, no Handshake! So you walk to the office, hand the manager your resume, and say You need to hire me, I can fix the internet. She laughs and tears up your hastily written resume.

Okay, so that didnt work. Maybe the manager of that internet company isnt a fan of your handwriting or something. Let's try a new approach, use the power of TECHNOLOGY! After all, just because the internet stopped working doesnt mean we cant use text editors. Luckily, you have some experience with a computer. You open Microsoft Word, figure out all the margins, and even add spacing bars to separate your sections. Its beautiful. So you run back to the manager of the internet company with your laptop in hand (Unfortunately email wont work because of the whole lack of internet debacle). You open the laptop and show her the resume. She looks at it for a moment and finally offers an interview. The first question comes up: So, what is your experience with full stack development? You freeze. She shows you the door.

In your disbelief that you didnt secure the job, you decide to take matters into your own hands. Using your professional networking skills, you find that one ethernet cable that an intern tripped over and plug it back in. The internet is back! You can finally send your resume to potential employers, rather than physically seeking them out. But wait, you want to have proof you are a competent full-stack developer. So you put your resume on the internet for anyone and everyone to see, built from scratch.

Enter the Cloud Resume Challenge, an experience I recommend to anyone trying to put their foot in the door in a technical job. The challenge provides concrete examples of full stack, infrastructure, and networking experience for whoever can accomplish the task.

The Cloud Resume can be broken down into two main components: frontend and backend development. I utilized several programming languages and relied on AWS to host and develop the website.

While not everyone decides to start their journey with content, I chose to write out my resume in HTML and CSS as a first step. While I am by no means an expert in the language, I found it easy enough to pick up and mess around with the formatting to get it to my liking. As part of the challenge, implementing a working function written in JavaScript is essential.

I utilized AWS Lambda, a serverless computing platform to implement a visitor counter function. After writing out the basic code, I implemented it into my HTML and connected it to a NoSQL database using DynamoDB. While it may seem like overkill, connecting the visitor counter to the database gave me room to expand. In the future, I can gather more information from my visitors which I can potentially analyze.

The backend was significantly more time-consuming. There were four main steps needed to implement my website.

Deploying the Code: My method of choice to implement my website statically was through Amazon S3, a cloud storage system that can store files.

After uploading the files, by utilizing Amazon CloudFront I was able to host the site on the internet. However, there are two issues with this. First, the link to the website is difficult to manage. No one is going to want to visit a website with a hard-to-type URL (more about this later). Second, the website is not secure.

It is easy to tell if a website you are on is secure or not by simply looking at the URL. If it starts with HTTPS:// the website requests and responses are encrypted, something essential in this day and age. If you visit a website and it starts with HTTP:// (notice the missing S), tread carefully. It is dangerous to pass sensitive data through websites without a secure protocol. The information passed through will be sent in plain text not encrypted which can lead to trouble.

Gain a security certificate: Luckily for us, registering a website for HTTPS is a relatively easy process. Amazon has a service called Amazon Certificate Manager (ACM) where you register your website, wait a few moments, and if your website is proven safe, you will receive a certificate allowing the use of HTTPS rather than HTTP.

I was worried about this step initially. How do I guarantee my website is secure? Will Amazon provide me with a certificate? Luckily for me, my website has no forms or anywhere for someone to make requests or responses (aside from initially loading the page), so the process was simple.

Acquiring a custom DNS: Remember four paragraphs ago when I mentioned the ugly URL? Let's fix that. There are many different services where you can buy unique custom domains. I chose Name Cheap because as the name suggests it is cheap! I think the most confusing part of this process is configuring the DNS to your prebuilt S3 URL. It is important that you redirect it correctly, which requires changes on both Name Cheap and yet another Amazon service, Amazon Route 53.

Route the DNS to your static website: Route 53 allows you to connect the custom domain to the original URL. So instead of typing out your-domain.com.s3-website-us-east-1.amazonaws.com all that is required is simply gwsalmon.com (shameless plug to get that visitor counter up).

While this project can be time-consuming and may seem like overkill for simply creating a resume, it has benefits. Not only does it show experience utilizing AWS, a service adopted by most companies, but it also provides an impactful project that can be shown on your resume (ideally your cloud resume). Thank you for following my journey and good luck landing that fixing the internet job!

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Exclusive video: Capital One on embracing cloud and SaaS – FinTech Magazine

"Everybody started to debate as to whether banks and the rest of the industry should start to use more of those cloud services. Initially, for quite a few years, it was much more about moving out of the data centres that the banks had, moving out of mainframes intomore distributed-type technology.

"A lot of that was interpreted into this 'private cloud' term, which was basicallyjust shared infrastructure offered by some of those technology providers."

However,Anyfantakis went on to explain that the picture has changed dramatically during the era of disruption.

"This evolved significantly with the rise of fintechs into much more of an ability to use public cloud," he continue. "So, banks being ale to deploya lot of their core services onto AWS, Microsoft Azure and GCP using, effectively, the public cloud.

"That became much morepowerful because, by doing that, you also take advantage of a lot of the additional services that are in the cloud.

"So, it switched from moving for infrastructure reasons to much more moving because, as part of that, I'm changing the way I develop my technology to take advantage of all the services that are already there, and thereforeaccelerate the delivery that I'm doing."

To watch the session in full, simply follow the video link at the top of this story.

Want to see more from FinTech LIVE London 2023? Stay tuned to ourwebsitefor more content, which will be coming your way very soon.

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Please also take a look at theplaylistfor our latest hybrid event,FinTech LIVE London, to learn all about the latest trends in fintech.

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Amazon (AMZN) Bolsters Generative AI Efforts With Amazon Q – Yahoo Finance

Amazons AMZN cloud-computing arm, Amazon Web Services (AWS), unveiled a generative AI-powered chatbot, Amazon Q.

Notably, the AI-powered assistant provides quick answers and helps in content creation and action-taking based on a customer's information repositories, code and enterprise systems.

Further, Amazon Q streamlines tasks, accelerates decision-making and fosters creativity by providing personalized information and advice tailored to individual user identities, roles and permissions.

Additionally, Amazon Q, trained on AWS' internal code, will be added to Amazon's cloud, business intelligence software, call center and logistics programs, providing customizable assistance to developers, call center workers and logistics managers.

Also, AWS is integrating Amazon Q into several other servers and applications, namely Amazon QuickSight, Amazon Connect and AWS Supply Chain, to provide customers with tailored solutions through enhanced generative AI capabilities.

The company's recent move is expected to boost employee engagement, which in turn will likely drive AWS' momentum among various corporate clients. Already companies like Accenture, BMW Group and Gilead have shown interest in Amazon Q.

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Apart from the latest move, Amazon recently unveiled Titan Image Generator, a generative AI model that can create new or customize existing images, currently available in preview on Bedrock's AI development platform.

Further, the company partnered with NVIDIA NVDA, combining advanced infrastructure, software and services to power customers' generative AI innovations, including NVIDIA's multi-node systems, AWS Nitro System and EFA interconnect.

Additionally, the strategic collaboration with NVIDIA will accelerate the training of generative AI and large language models by hosting NVIDIA DGX Cloud, an AI training-as-a-service on AWS.

Also, Amazon partnered with Anthropic to integrate the latters latest AI language model, Claude 2.1, to Amazon Bedrock, its AI-powered solution designed to accelerate the deployment of generative AI-backed foundation models, offering a 200K token context window and improved accuracy for processing text-heavy documents.

All the above-mentioned endeavors will likely strengthen Amazons presence in the booming generative AI space.

Per a Fortune Business Insights report, the global generative AI market size is expected to reach $667.96 billion by 2030, witnessing a CAGR of 47.5% between 2023 and 2030.

Growing prospects in the promising generative AI market are expected to aid it in winning investors confidence in the near term.

Notably, AMZNs shares have gained 74.5% in the year-to-date period compared with the industrys growth of 49.1%.

Story continues

We note that the latest move will allow this Zacks Rank #2 (Buy) company to compete well with some notable industry players like Microsoft MSFT and Alphabet GOOGL, which are also making concerted efforts to bolster their generative AI efforts.

You can see the complete list of todays Zacks #1 Rank (Strong Buy) stocks here.

Microsoft, which has taken the world by storm on the back of ChatGPT, is gaining on the integration of OpenAIs next-generation LLM GPT-4 into its search engine Bing and browser Edge.

Notably, Microsoft announced OpenAI's DALL-E 3 AI image-synthesis model, which is fully integrated with ChatGPT and challenges previous models by rendering images with complex descriptions and handling in-image text generation.

Further, MSFT plans to incorporate the DALL-E 3 text-to-image model into Bing Chat, enabling users to create images directly in a chat.

Meanwhile, Alphabets Google is also enjoying the growing momentum of its chatbot, Bard.

Further, Google integrated experimental generative AI features into its search engine, known as the Search Generative Experience, which generates detailed summaries based on Internet and digital sources.

Additionally, Google launched Duet AI, a generative-AI-backed helper for Gmail, Drive and Docs, available for organizations using Google Workspace, offering meeting assistance, document summarizer and personalization for Gmail's smart replies.

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2023’s major trends in accounting tech: Cloud, automation, AI and more – Accounting Today

Since March, when the weekly Vendor Spotlight feature first launched, we have showcased 34 accounting solutions providers of all shapes and sizes a wide variety of companies that, despite their differences, all focus on providing the tools that have become a necessity for any professional looking to guide their clients through the slings and arrows of this outrageous modern economy.

As we close out this regular feature for the year, we ask ourselves: What have we learned from and about these vendors? What are the common and consistent themes that came up over and over again this year? And what do they mean for what we can expect next year?

While we can't claim to provide an exhaustive overview of all accounting technology from just 34 vendors, as we prepare for our 2024 season, we can at least look at what these particular vendors taught us in 2023.

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IT infrastructure must move with the times and adopt hybrid models – TechRadar

Operations rely on online environments now more than ever before and its a trend thats unlikely to die down. Despite this, 81% of IT infrastructure still isn't stored in the cloud. Thats a surprising figure when you consider that many companies are now permanently offering hybrid or remote working models post-pandemic. Returning to on-site work practices could have significant implications for talent retention as 30% of employees would consider switching jobs if their office required in-person attendance from Monday to Friday.

One thing is clear: companies need to create flexible working environments if they are to attract qualified employees. But without scalable and flexible IT infrastructure to match, keeping track of data across different environments from the home office to on premises becomes tricky.

Many businesses are aware of the benefits that a hybrid cloud approach can offer their organization yet remain uncertain about processes for implementation. Thats especially true when the same IT processes have been embedded in a company for decades.

As traditional working structures continue to fall away, legacy IT must move with the times too. Employing technologies that make every facet of the IT landscape trackable will be key if businesses are to future-proof their operations.

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Director for Northern Europe at Paessler AG.

The hybrid cloud is a concept with multiple interpretations, but the most popular definition is when it refers to the use of both a private cloud and a public cloud in parallel, or a connection between the two.

Many companies currently operate their own cloud, a so-called private cloud. Should demand for computing resources temporarily spike, the company is able to scale its resources by outsourcing some of the processing to a public cloud.

In this way, the company can scale its data center to handle normal traffic load rather than needing to invest in enough resources to handle peak loads. When demand drops down again, the organization simply stops using the additional public cloud resources. Any especially sensitive data and applications stay in the companys private cloud, whilst more menial processes are outsourced to the public cloud. Digitized areas generate huge volumes of data that require transportation, storage and processing. The hybrid cloud is able to tackle the complexity of such data because it gives companies the ability to transition between on-site storage or the public cloud seamlessly, securing operations.

Sounds ideal but whats the catch? Without an overview across public and private environments, its easy for systems to become disjointed and inefficiencies to occur. When you add legacy IT infrastructure to the picture, things get even more complicated.

The more important the role of IT becomes for the success of a company, the more data is generated and processed. The more complex - and thus more difficult to keep track of - IT landscapes become, the greater the threat of cybercrime for companies. Given that siloed operations can present a potential security risk, its surprising that the public sector, which traditionally deals with reams of sensitive data, has been the slowest to migrate to the cloud. 92% of government data is still stored on premises.

The slow transition to the cloud might in part be due to an if it aint broke, dont fix it attitude. Leaders face a myriad of possible challenges including security and compliance risks and software compatibility as they bring old tech up to date. IT teams are already inundated with day-to-day issues to resolve, from connectivity to data management. The thought of uprooting tried and tested IT processes can understandably seem like too much legwork.

No matter how challenging the move, its better to address the challenges of any roadmap for digital transformation now rather than later. A recent report from IBM found that 83% of organizations experienced more than one breach in 2022, with 41 million records exposed. Dealing with the aftermath of cyberattacks is far more consuming and costly than a pre-emptive approach that secures operations in the first instance. Consolidating all of your monitoring data in one tool is the best way to give you centralized dashboards and alerting for the most holistic picture. This includes having data from all your locations, from your OT environment, IIoT sensors, wired and wireless networks, and traditional IT devices and systems in one location. Genuine visibility will be more vital than ever to stay one step ahead of threats as cybercriminals continue to evolve their tactics and grow in sophistication.

When businesses decide to run hybrid infrastructure, its important that comprehensive monitoring is introduced alongside it to ensure its availability and performance. Otherwise, the lack of acceptance and efficiency of the hybrid environment will quickly negate any potential benefits. Monitoring integrates the private and public cloud as well as traditional IT infrastructure with the design of workflow, optimizing employee experience and promoting better security at the same time.

As the modern workplace continues to evolve, the right software is essential to capture, contextualize, and evaluate relevant information across divisions. When IT leaders empower themselves with insights, they gain a forensic understanding of the interrelationships across entire networks and can react proactively rather than reactively. Its natural that businesses are experiencing hesitancy when cloud migration is no simple feat. However, a more collaborative approach presents undeniable opportunities to become more efficient whilst knowing that precious data is correctly monitored and safeguarded.

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IT infrastructure must move with the times and adopt hybrid models - TechRadar

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Leaseweb celebrates 10 years of cloud services in Singapore, Leaseweb APAC rebrands to Leaseweb Singapore … – ETCIO South East Asia

Leaseweb Global, a leading cloud services and hosting company, today celebrates 10 years of business in Singapore, providing the infrastructure that powers mission-critical websites, applications and IT systems for multiple customers across Asia Pacific (APAC), including LiquidM, Remerge GmbH, and Uptrends.

Leaseweb commemorates the 10th anniversary by rebranding Leaseweb APAC to Leaseweb Singapore as a recognition of the significant organic growth in the market over the past years.

Leaseweb anticipates the upcoming years will see Singapores data centre growth trajectory characterised by rapid digitalisation of industries, steadfast commitment to technological innovation and enhanced commitment to sustainability, and supports this growth.

Leasewebs milestone in Singapore comes on the heels of a wider expansion for Leaseweb in the Asia Pacific region. In late 2022, Leaseweb announced the launch of its third data centre in Singapore, as well as new data centres in Tokyo and Sydney. In April 2023, Leaseweb opened its fourth data centre in Singapore, bringing the total number of data centre locations across the entire Asia Pacific region to 10.

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Leaseweb celebrates 10 years of cloud services in Singapore, Leaseweb APAC rebrands to Leaseweb Singapore ... - ETCIO South East Asia

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