Generative AI will transform customers’ experiences at Amazon and create new ones, CEO Andy Jassey said this month in his annual letter to shareholders.
Tag: Amazon
AMAZON’S NEW CHIP COULD SPEED THE ARRIVAL OF QUANTUM COMPUTING
Amazon Web Services’ new “Ocelot” quantum computer chip could bring practical quantum computing five years closer, the company says.
BEZOS BETS BIG ON AI CHIP-MAKING START-UP
Amazon founder Jeff Bezos is among the players in a new $693 million funding round for Tenstorrent, a maker of graphic processing units, the complex computer chips that are the foundation for AI.
AMAZON DOUBLES ITS INVESTMENT IN ANTHROPIC
Amazon has put another $4 billion into AI start-up Anthropic after putting in $1.25 billion in September 2023 and raising its stake to $4 billion last March.
TECHNOCRACY BRIEFS: FRIENDLY ROBOTS TAKING YOUR JOB, AND GENTECH SELECTING HIGH IQ BABIES
Will it make workers feel better, having their job eliminated by an unfailingly courteous robot co-worker?
WHEN THE ECONOMY FALLS JOBS GO WITH IT
There were 72,821 job cuts in the U.S. in September, down 4 percent from August, according to a report by outplacement firm Challenger, Gray & Christmas
AMAZON SEEKS START-UPS THAT INFUSE AI INTO ROBOTICS
Amazon’s billion-dollar fund that backs innovations in industry is looking to put money into ventures that bring together robotics and AI in hopes of making its logistics systems smarter and more efficient.
AMAZON CREATES PERSONAL AI SHOPPING ASSISTANT
Amazon, a late entry into the AI free-for-all, has announced that customers can now get help from Rufus, an AI-enabled digital shopping assistant.
AMAZON FORMS $4-BILLION PARTNERSHIP WITH ANTHROPIC
Amazon has committed to invest up to $4 billion in Anthropic, an AI startup founded by siblings who formerly worked for OpenAI in the development of ChatGPT.
AMAZON MONOPOLY VS. STATE LAWSUIT: WHO WILL WIN?
After legislation that might have curtailed Amazon monopoly practices failed to advance in 2022, 17 states together with the FTC (Federal Trade Commission), have now launched a suit against the retailing giant.