Machine Learning Explored at Amazon Conference PYMNTS.com

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Machine learning was one of the main subjects on Tuesday (July 17) during the Amazon AWS Summit in New York City, as the eCommerce operator rolled out new cloud-based features related to commerce and payments. The announcements from Amazon Web Services (AWS) come at a time when machine learning and AI are receiving increased focus in the payments and commerce industries, with executives and researchers developing technologies that can operate outside the limitations of human bias and intuition. In fact, an upcoming PYMNTS webinar with Karen Webster and Sunil Madhu, founder of identity verification and fraud prevention services provider Socure, will include discussion about how a robust AI robot could leverage the full power of machine learning paired with massive data sets, drawing in data from online, offline and social sources. In New York on Tuesday, AWS said it had built machine learning and AI improvements into its cloud computing services designed for enterprises. Two of the improvements are meant to speed up the AWS SageMaker service, which customers can use to test and deploy custom AI algorithms.

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