Macro Briefing: 16 July 2024

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* Recent inflation data ‘add somewhat to confidence’ for rate cuts: Powell * Biden set to call for 5% cap on rent increases * Wall Street expecting approval of ethereum ETFs * Demand for safety supports gov’t bonds despite deteriorating gov’t finances * NY Fed manufacturing activity index continues to decline in July:US stock market rises to record after attempted Trump assassination. R...

Video auto-dubbing using Amazon Translate, Amazon Bedrock, and Amazon Polly

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We use Amazon Translate for initial translation of video captions and use Amazon Bedrock for post-editing to further improve the translation quality... Amazon Translate is a neural machine translation service that delivers fast, high-quality, and affordable language translation... Amazon Bedrock is a fully managed service that offers a choice of high-performing foundation models (FMs) from leadi...

How Mixbook used generative AI to offer personalized photo book experiences

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This post is co-written with Vlad Lebedev and DJ Charles from Mixbook... Mixbook is an award-winning design platform that gives users unrivaled creative freedom to design and share one-of-a-kind stories, transforming the lives of more than six million people... Today, Mixbook is the #1 rated photo book service in the US with 26 thousand five-star reviews... Mixbook is empowering users to share t...

Patterns for consuming custom log sources in Amazon Security Lake

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0) classes Start by mapping the Sysmon events to the relevant OCSF classes in plain text as shown in Table 1 before adding them to the mapping configuration file for the transformation library... In this pattern, you focus on adding a custom source in Security Lake where the product in use delivers raw logs to an S3 bucket... In this post, we provide you with three patterns to centralize the in...

Supercharge your AI app development through cloud modernization

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If your organization aspires to harness the power of AI to enhance customer experiences and drive growth, cloud migration far outpaces on-premises alternatives... A commissioned study by IDC, “Exploring the Benefits of Cloud Migration and Modernization for the Development of Intelligent Applications,” based on interviews with 900 IT leaders worldwide about their experiences migrating apps ...

AWS renews TISAX certification (Information with Very High Protection Needs (AL3)) across 19 regions

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The following 19 Regions are currently TISAX certified: US East (Ohio) US East (Northern Virginia) US West (Oregon) Africa (Cape Town) Asia Pacific (Hong Kong) Asia Pacific (Mumbai) Asia Pacific (Osaka) Asia Pacific (Seoul) Asia Pacific (Singapore) Asia Pacific (Sydney) Asia Pacific (Tokyo) Canada (Central) Europe (Frankfurt) Europe (Ireland) Europe (London) Eur...

Markets Confident That Rate Cuts Will Start In September

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Meanwhile, a Fed funds model I developed for TMC Research also points to a lower target rate... Using data through July 8, this model estimated the optimal target rate at roughly 4... Fed funds futures are now pricing in a high probability (90%-plus) that the central bank will start cutting rates at the Sep... Markets price in high odds that the Federal Reserve will soon start cutting interest r...