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Jeff Bezos On His Heroes: Why He Sees Edison As A Symbol Of Invention And Disney As A Master Of Vision
Monday, June 9, 2025 - 7:09am | 464Amazon.com Inc. (NASDAQ:AMZN) founder Jeff Bezos revealed his admiration for Thomas Edison and Walt Disney as his primary historical role models, highlighting qualities that shaped his approach to building one of America’s largest technology companies. What Happened: In a 2001 interview,...
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Amazon Announces AI Features For Alexa: Will It Finally Turn Around Its Unprofitable Device Business?
Wednesday, February 26, 2025 - 5:29pm | 360On Wednesday, Amazon.com Inc (NASDAQ:AMZN) announced a revamped Alexa with artificial intelligence features. Will it finally help Amazon turn around its historically unprofitable devices segment? What Happened: The Seattle-based company is rolling out an Alexa+ subscription, free for Amazon Prime...
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Amazon's 'Remarkable Alexa' Is Coming—Here's What To Expect From The AI Overhaul And Its Potential $10 Monthly Fee
Wednesday, February 5, 2025 - 11:25pm | 650Amazon.com, Inc. (NASDAQ:AMZN) is gearing up to introduce a major AI upgrade to its Alexa voice assistant with a press event reportedly in New York on Feb. 26. What Happened: Internally known as “Banyan” or “Remarkable Alexa,” the upgrade has experienced delays due to...
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Siri, Alexa And Google Assistant May Become A Thing Of The Past Thanks To ChatGPT Tasks — Here's How To Use The New Feature
Tuesday, January 14, 2025 - 11:11pm | 653On Tuesday, OpenAI announced the introduction of a beta feature named "Tasks" for ChatGPT. What Happened: The move marks OpenAI’s entry into the virtual assistant market, positioning itself against established players like Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google Assistant, Apple...
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Amazon's AI-Powered Alexa Upgrade Faces Latency, Compatibility Concerns: Report
Tuesday, November 19, 2024 - 4:31am | 590The development of a new artificial intelligence-based version of Amazon.com Inc‘s (NASDAQ:AMZN) voice assistant Alexa is reportedly facing significant challenges, according to internal memos. What Happened: The new AI Alexa is experiencing latency problems, which could lead to customer...
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Mark Zuckerberg Aims For AI Assistant Dominance Over Siri, Alexa, And ChatGPT, Seeks Market Leadership By 'End Of The Year'
Thursday, August 1, 2024 - 1:05am | 817Meta Platforms, Inc. (NASDAQ:META) is making a significant push into the AI assistant market, aiming to surpass competitors like Apple Inc.‘s (NASDAQ:AAPL) Siri, Alphabet Inc. (NASDAQ:GOOG), (NASDAQ:GOOG) subsidiary Google’s Assistant, Amazon.com Inc.‘s (NASDAQ:AMZN) Alexa,...
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Jeff Bezos-Era 'Downstream Impact' Losing Its Mojo? Amazon CEO Andy Jassy Is Reportedly Rethinking Alexa Devices Business Model Resulting In Billions Worth Of Losses
Tuesday, July 23, 2024 - 1:15am | 757Amazon.com Inc.‘s (NASDAQ:AMZN) strategy of selling its Echo devices at low prices in the hope of generating profits elsewhere within the company has not yielded the expected results. The company has incurred billions in losses as a result. What Happened: Amazon’s Echo devices, which...
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Amazon Set To Challenge ChatGPT-Parent OpenAI With New AI Service 'Metis': Report
Monday, June 24, 2024 - 10:45pm | 621Amazon.com Inc. (NASDAQ:AMZN) is reportedly working on a new AI chatbot, codenamed “Metis,” to compete with OpenAI’s ChatGPT. What Happened: Amazon’s Metis is designed to provide real-time information and automate tasks using a technique called retrieval-augmented generation...
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Amazon's 'Remarkable Alexa' Plans Hit Roadblocks Amid Internal Disputes And Technical Glitches: Report
Friday, January 19, 2024 - 1:14am | 642Amazon.com, Inc. (NASDAQ:AMZN) has been working on a premium version of its AI-powered voice assistant, Alexa. However, the project might be getting beleaguered by internal disagreements and technical hitches, possibly leading to further postponements. What Happened: The forthcoming subscription...
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Amazon Alexa Under Scrutiny As Democrats Write Letter To Jeff Bezos Expressing 'Serious Concern' About Election Misinformation
Saturday, October 21, 2023 - 4:22am | 640Sen. Amy Klobuchar (D-Minn.) and Rep. Joseph Morelle (D-N.Y.) sent a letter to Amazon Inc.’s (NASDAQ:AMZN) founder and former CEO Jeff Bezos, expressing their “serious concern” over Alexa’s role in spreading election misinformation. What Happened: The concerns stem from a...
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Amazon Reportedly Testing 'Buy Again' Tactic To Lure You Into A Spending Loop As Prime Sign-Ups Slow Down
Wednesday, October 11, 2023 - 1:31am | 515E-commerce behemoth Amazon.com Inc. (NASDAQ:AMZN) has been reportedly testing a new feature on its app designed to convince existing customers to make repeated purchases to increase its revenue. What Happened: The new feature, dubbed “Buy Again,” appears to be Amazon’s...
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Alexa Generative AI Update Reveal At Amazon's Annual Device Event
Friday, September 22, 2023 - 4:35pm | 523At Amazon.com, Inc.'s (NASDAQ: AMZN) annual devices event on Wednesday, Senior Vice President of Devices and Services David Limp disclosed a vision for the company's updated virtual assistant Alexa. The new version would be powered by generative AI and based on a new, custom-...
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Everything You Need To Know About Amazon's 'Prime Big Deals Day 2023' Ahead Of Holiday Season
Monday, September 18, 2023 - 11:48pm | 643Amazon.com Inc. (NASDAQ:AMZN) has officially announced its upcoming “Prime Big Deals Day 2023,” scheduled for Oct. 10 and 11. Here’s everything customers need to know about the event and its significance as the holiday season approaches. What Happened: This sales event is ...
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Through The Eye Of The Storm: An In-depth Analysis Of Amazon's 3% Stock Hike Amidst The Privacy Disputes Involving Ring
Monday, June 5, 2023 - 11:26am | 474Amazon settled two FTC privacy cases related to Alexa and Ring, paying multi-million dollar fines. Despite privacy issues with Alexa, particularly involving children, and Ring's data access practices, these cases haven't affected Amazon's stock price. Amazon's stock, in fact, rose...
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Bezos' Behemoth: Unearthing The Secrets Behind Amazon's Consistent Climb Above 100 And Its Inevitable March Towards 200
Thursday, May 4, 2023 - 9:31am | 389Amazon aims to enhance Alexa with ChatGPT-like AI features. Upgraded Alexa would provide real-time web access. Amazon's stock price hovers around $100. AI-powered Alexa could drive stock price up and impact AI sector. Amazon.com, Inc. (NASDAQ: AMZN) is joining the AI arms race with an...