According to individuals familiar with Amazon's plans, the company is enhancing its decade-old Alexa voice assistant with generative artificial intelligence and intends to introduce a monthly subscription fee to cover the costs of this technology.
On Monday, Microsoft announced its commitment of 4 billion euros ($4.3 billion) to bolster its cloud and AI infrastructure in France. This investment also includes support for AI education and the advancement of France's technology sector.
On Wednesday, Amazon announced its plans to offer its smart grocery carts to other retailers, signaling its latest effort to transform its Dash Cart technology into a service.
Amazon is undertaking its most significant external investment to date in its thirty-year history, aiming to secure an advantage in the competition for artificial intelligence supremacy.
Encountering a whale amidst the depths of the jungle is highly unusual.
We've all experienced the consequences of impulsive purchases that we later come to regret. It could be succumbing to a tempting discount on a designer handbag only to find ourselves short on cash by month's end, or indulging in pricey takeout that disappoints upon arrival. These are common mistakes we've all made.
Given recent criticisms of Meta's involvement in societal issues, investors should anticipate Meta Platforms outpacing Amazon in capturing the majority of Generative AI's profit potential
Starting in February, Amazon Prime Video in the UK will introduce "limited" ads in its content. Users can opt to pay £2.99 a month to remove the ads.
The Federal Trade Commission (FTC) has launched a significant legal challenge against Amazon, accusing the company of fraudulent activities related to pricing practices. This lawsuit, supported by 17 state attorneys general, represents the latest in a series of legal actions against Amazon during the Biden administration.
Deforestation in Brazil's Amazon fell by 33.6% within the first six months of President Luiz Inácio Lula da Silva's period as compared with the identical length in 2022, the government says.