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All issuesVolume 313, Issue 4IT Vendor NewsAWS

Zilch Selects Amazon Web Services To Accelerate AI Innovation

AWS News, Wednesday, April 24th, 2024

Zilch levels up its artificial intelligence (AI) and machine learning (ML) engine, drawing on its unrivalled insights into the mass market spending and credit landscape

Zilch, the world's first ad-subsidised payments network (ASPN), announces today that it has extended its collaboration with cloud provider Amazon Web Services (AWS) to accelerate the rollout of Artificial Intelligence (AI) innovation across the Zilch proposition.

Zilch will continue to use AWS AI and ML services to transform how the company serves its customers and works with merchants in the future. This includes services such as Amazon SageMaker, a fully managed service for building, training and deploying ML models at scale, and Amazon Bedrock, a fully managed service that makes high-performing foundation models (FMs) from leading AI startups and Amazon available through a single application programming interface (API), to make quicker and more precise decisions based on patterns and data modelling. Zilch's use of AWS is already shortening development times, allowing the company to add almost twice the amount of data into its models whilst halving the build time.

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