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Stock impact report

Amazon's Bedrock builds foundation as sales set to accelerate: survey [Seeking Alpha]

Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
Company Research Source: Seeking Alpha
offering and a growing demand for artificial intelligence, according to a survey by Mizuho Securities. Mizuho's quarterly AWS customer survey also discovered an uptick in executive business center meetings. These are where key decision makers within a company meet with AWS. These typically lead to solidified deals within 60 days compared to the standard sales cycle of 90 days.These types of meetings increased by 20% in the last month among survey respondents. The Mizuho survey includes input from 300 Fortune 1000 companies. The survey also discovered growth in proof of concepts for new use cases with Gen-AI across a range of industries. Financial services and insurance use cases increased 25% on automated customer service; healthcare cases jumped 75% for drug discovery; and manufacturing cases grew by 40% on real-time diagnostics on automobiles. "These trends validate AWS's Bedrock, a managed service to access to LLMs, including industry-leading Anthropic's Claude 3," said Miz Show less Read more
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