Amazon to spend $100bn this year in AI drive
Amazon has said it will pump about $100bn into its artificial intelligence initiatives this year as the ecommerce group ...
Amazon’s logistics success is a mixed package for UPS
Its ability to make money has been constrained by the fact that Amazon is both its largest customer and competitor ...
The Financial Times12d
Executives who ran failed Amazon ‘aggregator’ sued over alleged sham business
The collapse last year of the company, which was once valued at $6bn and had bought scores of independent Amazon marketplace ...
The Financial Times27d
Amazon races to transplant Alexa’s ‘brain’ with generative AI
Rohit Prasad, who leads the artificial general intelligence (AGI) team at Amazon, told the Financial Times the voice assistant still needed to surmount several technical hurdles before the rollout.
Ars Technica27d
Amazon must solve hallucination problem before launching AI-enabled Alexa
Rohit Prasad, who leads the artificial general intelligence (AGI) team at Amazon, told the Financial Times the voice assistant still needed to surmount several technical hurdles before the rollout.
Microsoft secures deal to restore Amazon rainforest and offset AI emissions
Tech giant acquires carbon credits worth around $200mn, as energy usage surges due to generative artificial intelligence ...
EU to make Temu, Shein and Amazon liable for 'unsafe' goods, FT reports
The European Union is planning to make e-commerce platforms such as Temu, Shein and Amazon Marketplace liable for dangerous or illegal products sold online, the Financial Times reported on Saturday.
Business Insider4y
Amazon just entered the small business loan market with Goldman. Here's how the e-commerce giant is building a bank for itself.
Amazon has long been rumored to be taking on the financial services industry. From its reported ambitions to launch a checking account to testing a business loan marketplace, it's clear the ...