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What is DeepAR from Amazon?

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Answer from AI

DeepAR from Amazon is a machine learning service for time series forecasting. It allows creating models that predict future values based on historical data.

DeepAR uses deep learning methods, particularly recurrent neural networks (RNN), to account for complex dependencies and seasonality in data. This is useful for tasks such as demand forecasting, inventory, financial indicators, and other time series.

Example of use: forecasting daily sales for different stores considering seasonal fluctuations and trends.