Today at AWS re:Invent 2024, we are excited to announce the new Container Caching capability in Amazon SageMaker, which significantly reduces the time required to scale generative AI models for inference. This innovation allows you to scale your models faster, observing up to 56% reduction in latency when scaling aContinue Reading
Today, we are excited to announce a new capability in Amazon SageMaker inference that can help you reduce the time it takes for your generative artificial intelligence (AI) models to scale automatically. You can now use sub-minute metrics and significantly reduce overall scaling latency for generative AI models. With thisContinue Reading
TennesseePhotographer United Auto Workers President Shawn Fain met last week with the autoworker union’s executive board to discuss his deep concerns about the likelihood that President Joe Biden could defeat Donald Trump in the November presidential election, sources told Reuters. The discussion reportedly involved analyzing what actions the union couldContinue Reading
Assurant (NYSE:AIZ) has announced that Martin Jenns, EVP and president of Assurant Global Automotive, plans to retire at year’s end after 15 years with Assurant. Jeff Strickland, SVP, Assurant Dealer Services & Strategic Accounts, has been named to succeed Jenns at the time of his retirement. Strickland will begin leadingContinue Reading
utah778 Morgan Stanley analysts expect auto insurance inflation to decelerate at the start of the second half of the year. Insurance (NYSEARCA:KIE), (NYSEARCA:IAK), especially in Auto, has been a persistent driver of U.S. inflation, but U.S. insurance analysts for Morgan Stanley said insurers’ losses are decreasing, “suggesting that companies haveContinue Reading
Led by O’Reilly Automotive (NASDAQ:ORLY), stocks in the auto parts category closed in the red on Monday, after Barclays warned that growth in the do-it-yourself category will remain sluggish due to continued demand headwinds. Barclays analyst Seth Sigman reiterated his Equal-Weight rating for O’Reilly Automotive (ORLY) and his $986 priceContinue Reading
Robert Way/iStock Editorial via Getty Images Li Auto (NASDAQ:LI) delivered 47,774 vehicles in June 2024, a significant 46.7% increase Y/Y. This momentum carried through the entire Q2, with deliveries reaching an impressive 108,581, reflecting a 25.5% Y/Y growth. As of June 30, 2024, its cumulative deliveries reached 822,345 vehicles, rankingContinue Reading
Shares of Aptiv plc (NYSE:APTV) are on the defensive Wednesday following a downgrade by Piper Sandler to Underweight, driven by concerns over the negative impact of Rivian’s (RIVN) joint venture with Volkswagen (VWAGY, VWAPY). On Tuesday, Rivian (RIVN) received a multi-billion-dollar investment from Volkswagen (VWAGY, VWAPY) to form a jointContinue Reading
hapabapa Rivian Automotive (NASDAQ:RIVN) sent some jolts across the electric vehicle sector with its announcement that the company would form a joint venture with Volkswagen (OTCPK:VLKAF) (OTCPK:VWAGY). The initial and planned investments by Volkswagen (OTCPK:VLKAF) of $5 billion, in addition to Rivian’s (RIVN) current cash position, are expected to provideContinue Reading
