US Q2 GDP Nowcast Eases, But Modest Pickup Over Q1 Is Expected

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Recent economic estimates suggest US growth has slowed compared with previous estimates, but today’s revised GDP nowcast for the second quarter still points to a modest pickup in output over Q1... If accurate, growth will strengthen, albeit modestly, relative to Q1’s sluggish 1...Today’s median nowcast marks a slight downgrade from the previous update on May 31, when Q2 growth was projecte...

Macro Briefing: 7 June 2024

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“If Congress renews the Trump tax package, the fiscal gap will grow from 2...* The number of zombie companies (debt-laden firms) in the world has surged * The US debt problem may be less threatening than it appears * China exports rise sharply in May amid increasing trade tensions * ECB cuts interest rates for first time since 2019 * US jobless claims edged higher last week but remain low * US...

Simplify risk and compliance assessments with the new common control library in AWS Audit Manager

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Today, Audit Manager introduces a common control library that provides common controls with predefined and pre-mapped AWS data sources... The common control library is based on extensive mapping and reviews conducted by AWS certified auditors, verifying that the appropriate data sources are identified for evidence collection... Governance, Risk and Compliance (GRC) teams can use the common contr...

Operationalize generative AI applications on AWS: Part II – Architecture Deep Dive

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We will break the architecture into four sections: The APIs used to invoke the text and image foundation models The code pipeline to build, test, and deploy architecture changes Continuous fine-tuning to create custom models RAG with automated vector database hydration By the end of this blog, the architecture will look as follows: Figure 1: High level Architecture Base Model...

How to securely transfer files with presigned URLs

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Use unique nonces (a random or sequential value) in URLs to help prevent unauthorized access... Verify nonces to prevent replay attacks... Using unique, one-time nonces enhances security by minimizing unauthorized use and replay attacks... This solution implements two APIs: Presigned URL generation API Access object API Presigned URL generation API This API generates a presigned URL ...

Unlocking generative AI opportunities with AWS

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To ensure your organization maintains its competitive edge and keeps pace with innovation, mid-to-senior level leaders need to build the knowledge and skills to understand and maximize the full potential of generative AI... It is uniquely designed to equip leaders across all industries with the generative AI knowledge and change management strategies they need to develop talent successfully and d...

Build RAG applications using Jina Embeddings v2 on Amazon SageMaker JumpStart

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Today, we are excited to announce that the Jina Embeddings v2 model, developed by Jina AI, is available for customers through Amazon SageMaker JumpStart to deploy with one click for running model inference... This state-of-the-art model supports an impressive 8,192-tokens context length... You can deploy this model with SageMaker JumpStart, a machine learning (ML) hub with foundation models, built...