AWS promises supercharged Lambda as re:Invent 2023 gets underway
https://techmonitor.ai/technology/cloud/aws-reinvent-2023-lambda-codewhisperer
AWS kicked off its re:Invent 2023 developer conference with the usual slew of new product announcements. Amazon's public cloud platform says its Lambda serverless system will now scale-up 12 times faster thanks to improvements it has made behind the scenes. It has also added security functions to its CodeWhisperer AI programming tool which will help users amend problematic lines of code.
The AWS re:Invent 2023 conference is taking place in Las Vegas this week, with more than 40,000 delegates expected to attend. AWS remains the leading public cloud platform, boasting a 32% market share according to figures from Synergy Research Group. It brought in over $80bn in revenue for Amazon last year, but has seen its previously rapid income growth stall in 2023, thanks largely to the global economic slowdown hitting IT spending. Its closest rival, Microsoft's Azure platform, is also slowly growing its portion of the market, with customers drawn by the AI-powered enhancements it has offered through its partnership with OpenAI.