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Can serverless fix fintech’s scaling problem?

CIO

Add to this the escalating costs of maintaining legacy systems, which often act as bottlenecks for scalability. The latter option had emerged as a compelling solution, offering the promise of enhanced agility, reduced operational costs, and seamless scalability. Scalability. Cost forecasting. Legacy infrastructure.

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Neon nabs $30M to build a scalable cloud service for Postgres databases

TechCrunch

Neon , a startup providing developers with a serverless option for Postgres databases, today announced that it raised $30 million in a Series A-1 round led by GGV with participation from Khosla Ventures, General Catalyst, Founders Fund and angel investors. Many developers opt for a fully managed platform.

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Create generative AI agents that interact with your companies’ systems in a few clicks using Amazon Bedrock in Amazon SageMaker Unified Studio

AWS Machine Learning - AI

Companies of all sizes face mounting pressure to operate efficiently as they manage growing volumes of data, systems, and customer interactions. This endpoint can provide information like company overview, company interaction history (meeting times and notes), company meeting preferences (meeting type, day of week, and time of day).

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14 in-demand cloud roles companies are hiring for

CIO

To tackle that, businesses are turning their budgets toward the cloud, with two out of every three IT decision-makers planning to increase cloud budgets in 2024, and nearly a third (31%) reporting that 31% of their IT budget is earmarked for cloud computing, according to the 2023 Cloud Computing Study from CIO.com parent company Foundry.

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PlanetScale raises $50M Series C as its enterprise database service hits general availability

TechCrunch

PlanetScale , the serverless database company founded by the co-creators of the Vitess opensource project that powers YouTube, today announced that it has raised a $50 million Series C funding round led by Kleiner Perkins. In addition, the company also today announced that its hosted enterprise platform is now generally available.

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What Is ElastiCache Serverless?

Dzone - DevOps

This article is an optimized transcription of an interview with our engineer on Amazon ElastiCache Serverless. Specifically, we help optimize and improve infrastructures, ensuring their scalability, reliability, and security. Today, we will have the opportunity to talk with our DevOps engineer about the Amazon ElastiCache Serverless.

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Deploy DeepSeek-R1 Distilled Llama models in Amazon Bedrock

AWS Machine Learning - AI

DeepSeek AI , a research company focused on advancing AI technology, has emerged as a significant contributor to this ecosystem. Amazon Bedrock Custom Model Import enables the import and use of your customized models alongside existing FMs through a single serverless, unified API. The following diagram illustrates the end-to-end flow.