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The #AIEye: AWS (NasdaqGS: $AMZN) Makes Lake Formation Generally Available And Wipro (NYSE: $WIT) Partners With Camunda For Workflow Automation

|About: Amazon.com, Inc. (AMZN), WIT

The #AIEye: AWS (NasdaqGS: $AMZN) Makes Lake Formation Generally Available and Wipro (NYSE: $WIT) Partners with Camunda for Workflow Automation

UK to Invest £250 Million into National #AI Lab

Point Roberts WA , Vancouver BC – August 9, 2019 – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence(AI) brings you today’s edition of The AI Eye- watching stock news, deal tracker and advancements in artificial intelligence.

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Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NasdaqGS:AMZN) (NYSE:WIT)

Amazon Web Services (AWS), a subsidiary of Amazon (NasdaqGS:AMZN), announced the general availability of AWS Lake Formation. According to the press release, “AWS Lake Formation simplifies and automates many of the complex manual steps usually required to create a data lake, including collecting, cleaning, and cataloging data, and securely making that data available for analytics”, allowing customers to then “analyze this data using their choice of AWS analytics and machine learning services”. Raju Gulabani, Vice President, Databases, Analytics, and Machine Learning, AWS, said:

“Our customers tell us that Amazon S3 is the ideal place to house their data lakes, which is why AWS hosts more data lakes than anyone else – with tens of thousands and growing every day. They’ve also told us that they want it to be easier and faster to set up and manage their data lakes. That’s why we built AWS Lake Formation, so customers can spend more time learning from their data and innovating, rather than wrestling that data into functioning data lakes. AWS Lake Formation is available today and we’re excited to see how customers use it as one of the building blocks for growing and transforming their businesses and customer experiences.”

Wipro Limited (NYSE:WIT) has partnered with software firm Camunda to offer clients workflow automation services. Somit Kapoor, Head of Enterprise Operations Transformation, Wipro Limited, commented:

“We are excited to partner with Camunda to offer customers a lightweight, highly flexible, open source platform for their workflow automation needs. Offering Camunda as part of our stack will benefit our customers who are looking for a solution that offers greater flexibility and customization than alternative heavyweight platforms.”

UK to Invest £250 Million into National AI Lab

The UK’s Health Secretary Matt Hancock announced an investment of £250 million GBP into a National Artificial Intelligence Lab, according to an official government press release today. Hancock said:

“We are on the cusp of a huge health tech revolution that could transform patient experience by making the NHS a truly predictive, preventive and personalised health and care service.

I am determined to bring the benefits of technology to patients and staff, so the impact of our NHS Long Term Plan and this immediate, multi-million pound cash injection are felt by all. It’s part of our mission to make the NHS the best it can be.

The experts tell us that because of our NHS and our tech talent, the UK could be the world leader in these advances in healthcare, so I’m determined to give the NHS the chance to be the world leader in saving lives through artificial intelligence and genomics.”

Sam Mowers, Investorideas.com

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