|AMZN is up about 13.00 pre-market, after going as high as ~1203|
Intuit Selects AWS for Machine Learning and Artificial Intelligence
November 27, 2017
Today, Amazon Web Services, Inc. (AWS), an Amazon.com company ( AMZN), announced that Intuit Inc. ( INTU) selected AWS as its standard for machine learning and artificial intelligence workloads. With more than 150 patents pending and 40 artificial intelligence and machine learning features within its products today, Intuit expanded its use of AWS to further expedite deployment of its artificial intelligence and machine learning capabilities at scale for its customers. In addition, Intuit will run its companywide data lake on AWS. Intuit began its artificial intelligence journey over 10 years ago and continues to advance its product experiences, anti-fraud and security, and customer care practices to impact its 46 million customers worldwide.
“We started our journey to AWS in 2013, and AWS has been essential to our transformation in the cloud. We extended our relationship with AWS to enhance our flagship products and services, including QuickBooks, Mint, and TurboTax, and accelerate our efforts to apply artificial intelligence within our business. For example, we will be leveraging AWS Lex technology in a variety of our work, including future versions of QuickBooks Assistant. As trusted stewards of our customers’ data, the extension of our relationship with AWS furthers our mission to power prosperity for our customers,” said H. Tayloe Stansbury, Executive Vice President and Chief Technology Officer at Intuit.
“Every company in the world has to keep transforming their customer experience and business to remain competitive, and Intuit’s cloud-first approach sets them up to continually drive innovation,” said Mike Clayville, Vice President, Worldwide Commercial Sales at AWS. “Intuit is an early all-in customer and has chosen to extend their use of AWS to include our leading machine learning capabilities that work hand-in-hand with the AWS storage, security, and analytics services they already use and are familiar with. We look forward to working with Intuit as they continue to incorporate the use of machine learning to deliver even more value to their customers.”