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22 articles found
Latest
Shareholders Propose Amazon Make Bitcoin Part of Its Treasury
Amazon’s shareholders proposed that the company allocate 5% of its reserves to Bitcoin. The request submitted by the National Center for Public Policy Research suggests addressing this at the 2025 shareholder meeting.
Amazon Introduces Subscription-Based Alexa
Amazon is set to launch a paid version of its Alexa voice assistant, aiming to monetize the system, which is currently non-profit, by integrating generative AI capabilities. Early reports suggest that the subscription for the premium Alexa service will cost around $5 per month.
Another French AI Startup Enters the Market
French AI developer H has raised $220 million, including investments from venture capitalists, to establish the next generation of artificial intelligence. Among the investors are notable companies like Amazon, Samsung, and even Google's technical advisor, Eric Emerson Schmidt.
Amazon Music Experiments with AI-Driven Playlists
Amazon Music is beta-testing a feature known as Maestro, an artificial intelligence-driven playlist generator. This functionality allows users to create personalized playlists through text input, emojis, specified emotions, or even auditory cues like other songs.
Amazon One Expands Functionality to Smartphone Photos
The Amazon One app, leveraging generative AI to scan palm veins and generate a payment-ready fingerprint, has now introduced functionality with photographs from a regular smartphone. Initially, enrolling a palm required visiting an Amazon physical store.
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AI Helps Avoid Royalty Payments?
Lance Hill, the original screenwriter of the 1989 film "Road House," sued Amazon MGM Studios for alleged copyright infringement and artificial intelligence misuse. Hill claims the studio expedited the remake's production, using AI to generate actor dialogue before the copyrights reverted to him.
ChatGPT Causes Complications for Amazon Sellers
On Amazon's online trading platform, a multitude of products have emerged with descriptions and names fully generated using ChatGPT. However, there's a twist: instead of the intended text, a message stating the inability to provide a response due to OpenAI's policies is displayed.
Partisan Disputes Derail Progress on Stablecoin Regulation
US stablecoin legislation negotiations have stalled, with House Financial Services Chair Patrick McHenry blaming the White House. McHenry noted that the parties were closer than ever to a bipartisan deal after 15 months of talks. However, Rep. Maxine Waters criticized the current stablecoin bill as "deeply problematic," voicing concerns about state regulators approving stablecoin issuances without Federal Reserve input. She also feared companies like Amazon and Facebook issuing their own digital currencies.
Phala Network (PHA): A Detailed Review
The Phala Network(or Phala Cloud) is a private cloud computing network operating in a manner comparable to Amazon Lambda's service, but for Web3. Utilizing a TEE-Blockchain Hybrid Architecture, developers can deploy private smart contracts that run within a secure TEE environment.
Transforming E-commerce: How Amazon is Harnessing AI
Amazon's quest for expedited delivery is turning towards artificial intelligence (AI) as a solution. Stefano Perego, Amazon's Vice President of Customer Fulfillment and Global Ops Services for North America and Europe, shared the company's vision of leveraging AI to boost logistics.
Tether to Challenge Microsoft, Google, and Amazon in AI Arena
In an interview with Wired, Tether CEO Paolo Ardoino discussed the company’s plans to expand its venture investments, particularly in the AI sector.
The SuperAI Event to Kick Off in Singapore
This weekend the AI industry will come together for SuperAI’s debut event in Singapore. Asia’s biggest AI event will take place at Marina Bay Sands on 5-6 June and will welcome guests and leading industry representatives from companies like Microsoft, Google, Amazon, Boston Dynamics, Nvidia, Salesfroce, and more.
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U.S. Regulator to Investigate Zoox's Autonomous Vehicles
The National Highway Traffic Safety Administration (NHTSA) has initiated an investigation into Zoox, an Amazon-owned developer of systems for autonomous vehicles, following two incidents involving Toyota Highlander SUVs equipped with its technology.
Amazon Steps Back from Just Walk Out Technology
Amazon has decided to phase out its AI-powered cashierless 'Just Walk Out' system in its grocery stores. It turns out that, despite the use of automation technologies like cameras and sensors, the system still required the efforts of thousands of employees in India who were tasked with real-time product labeling verification.
Big Boost for Robotics: Figure Raises $675 Million
American startup Figure, specializing in robotics, has garnered $675 million in investments from technological giants including Microsoft, OpenAI, Amazon, and Nvidia. This influx of capital has propelled the 80-person company to a valuation of $2.6 billion. Figure's initial plan was to develop a humanoid robot within its first year of operation.
Meson ICO on Coinlist: A Comprehensive Review
Traditional cloud storage solutions like Google Drive or Amazon S3 are expensive and lack privacy. An innovative alternative is the decentralized network of physical infrastructure (DePIN). Meson Network, a project in this sector, is gearing up for its ICO on Coinlist.
Billions Flow from Amazon to AI Pioneer Anthropic
Venturing deeper into the realm of artificial intelligence, Amazon has pinpointed Anthropic for a substantial investment, potentially totaling $4 billion.
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Amazon’s AWS to Build $100 Million AI Center
Amazon’s cloud unit, AWS, is making a move to compete with Microsoft and Google in the generative artificial intelligence market by establishing the AWS Generative AI Innovation Center with a budget of $100 million.
Amazon Web Services (AWS) Suffers Outage
On June 13, a minor outage occurred at Amazon Web Services (AWS), the leading cloud computing giant, creating a three-hour disruption. It affected several organizations, as well as the blockchain game Illuvium and the cryptocurrency wallet Phantom.
Amazon intends to enter the NFT market
Several sources report that the e-commerce leader is interested in expanding its Web3 capabilities.
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