Macro Briefing: 2 January 2025

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The US stock market (SPY) ended 2024 with a strong 24...Economists are generally wary of President-elect Trump’s plans to reshape the economy, according to a survey published by the Financial Times... “Surveys of more than 220 economists in the US, UK and Eurozone on the economic impact of Trump’s return to the White House showed most respondents believed his protectionist shift would ove...

Transform lease agreement workflows with Amazon Bedrock

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Rental and lease agreements can be a complex and time-consuming process for property management companies and landlords... Manually extracting and processing the key details from lease documents is inefficient and error prone... In 2023, there were approximately 45 million rental units managed by over 310,000 property management companies in the US, most of which want to take advantage of AI-power...

Optimizing costs of generative AI applications on AWS

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However, many product managers and enterprise architect leaders want a better understanding of the costs, cost-optimization levers, and sensitivity analysis... This post addresses these cost considerations so you can optimize your generative AI costs in AWS... With Retrieval Augmented Generation (RAG) being one of the most common frameworks used in generative AI solutions, the post explains cost...

PEFT fine tuning of Llama 3 on SageMaker HyperPod with AWS Trainium

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Training large language models (LLMs) models has become a significant expense for businesses... For many use cases, companies are looking to use LLM foundation models (FM) with their domain-specific data... However, companies are discovering that performing full fine tuning for these models with their data isn’t cost effective... In this blog post, we showcase how you can perform efficient supe...

Holiday Hiatus 2024…

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Posting will be light to mostly non-existent for the rest of the year. The Capital Spectator will return to the usual routine on Jan. 2. Best wishes to all our readers. Cheers......

Using transcription confidence scores to improve slot filling in Amazon Lex

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This is where transcription confidence scores come in to help ensure reliable slot filling... What Are Transcription Confidence Scores? Transcription confidence scores indicate how confident Amazon Lex is in converting speech to text for slot values... For each spoken slot value, Lex provides a confidence score that you can use to: Validate if a spoken slot value was correctly understood ...

Improving Retrieval Augmented Generation accuracy with GraphRAG

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When even greater precision and contextual fidelity are required, the solution evolves to graph-enhanced RAG (GraphRAG), where graph structures provide enhanced reasoning and relationship modeling capabilities... Lettria, an AWS Partner, demonstrated that integrating graph-based structures into RAG workflows improves answer precision by up to 35% compared to vector-only retrieval methods... This...