EPAM Systems Expands Collaboration With Amazon Web Services on Generative AI Solutions

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EPAM Systems (EPAM) said Wednesday it expanded its collaboration with Amazon.com's (AMZN) Amazon Web Services, focusing on utilizing AWS's advanced generative artificial intelligence services.

The expanded partnership, initially formed in 2023, will see EPAM working with AWS to help customers develop specialized AI agents and GenAI solutions tailored to engineering and industry-specific challenges.

EPAM added that the collaboration will aid in the development of AI-powered modernization, including the automation of workflows and tools through AI agents that streamline infrastructure and data migration to AWS.

Shares of EPAM were down 2.1% in recent trading.

Price: 156.52, Change: -3.32, Percent Change: -2.08

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