The FTC has asked Amazon to provide more details on its deal to hire top executives and researchers from AI startup Adept.
Read More Exclusive: FTC seeking details on Amazon deal with AI startup Adept, source says
Tag: Amazon
Amazon Prime Day sales to hit record $14 billion, data firm says
July 15, 2024 – 5:06 AM PDT (Reuters) – Shoppers are likely to spend roughly $14 billion during Amazon’s Prime Day two-day…
Read More Amazon Prime Day sales to hit record $14 billion, data firm says
Costco Increasing Membership Fees For First Time In 7 Years
Costco announced on Wednesday that it will be raising its membership fees at the start of September, leading to its first price hike since 2017.
Read More Costco Increasing Membership Fees For First Time In 7 Years
Echoes of dotcom bubble haunt AI-driven US stock market
A U.S. stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago.
Read More Echoes of dotcom bubble haunt AI-driven US stock market
Exclusive: Amazon mulls $5 to $10 monthly price tag for unprofitable Alexa service, AI revamp
Amazon is planning a major revamp of its decade-old money-losing Alexa service to include a conversational generative AI with two tiers of service.
Read More Exclusive: Amazon mulls $5 to $10 monthly price tag for unprofitable Alexa service, AI revamp