Content tagged with Amazon

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‘Project Hail Mary’ becomes Amazon MGM’s biggest box office hit

Amazon’s bet on “Project Hail Mary” has paid off handsomely, with the film recently surpassing “Creed III” to become the company’s highest grossing movie ever. And it was a big bet, with a reported budget of around $200 million. That’s a big price tag for any film, but especially one …

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OpenAI’s plans to make ChatGPT more like Amazon aren’t going so well

OpenAI’s plans to make ChatGPT into an e-commerce hub aren’t exactly panning out — at least, not yet. In an announcement on Tuesday, the company revealed that it’s pivoting away from a recently launched feature that lets users buy items directly from the chatbot’s interface. OpenAI originally launched buying capabilities …

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Amazon just bought a startup making kid-size humanoid robots

Amazon has confirmed that it has acquired Fauna Robotics, a two-year-old startup founded by former Meta and Google engineers who are developing kid-size humanoid robots. The acquisition was first reported by Bloomberg. Terms of the deal weren’t disclosed. What we do know is that Fauna’s employees, including its two founders, …

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Amazon working on new smartphone with Alexa at its core, report says

Looks like Amazon’s getting back into the smartphone game. More than 11 years after the e-commerce giant pulled the plug on its failed first effort, the Fire Phone, the company is now developing a new smartphone codenamed “Transformer,” Reuters reported, citing anonymous sources. The device is being developed by the …

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Jeff Bezos reportedly wants $100 billion to buy and transform old manufacturing firms with AI

Jeff Bezos is reportedly seeking $100 billion for a new fund, the likes of which will be used to buy up companies in major industrial sectors and, ultimately, modernize and automate them with AI, according to sources cited by The Wall Street Journal. The effort is related to Bezos’ AI …

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Amazon acquires Rivr, maker of a stair-climbing delivery robot

Rivr, a Zurich-based autonomous robotics startup known for its stair-climbing delivery robot, has been acquired by Amazon in a deal that signals the e-commerce giant’s interest in doorstep delivery. Terms of the deal weren’t disclosed. Co-founder and CEO Marko Bjelonic, who once described the four-legged wheeled robot to TechCrunch as …

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Amazon adds 1-hour and 3-hour delivery options in the US

Amazon is launching one-hour and three-hour delivery options across many cities in the U. as the e-commerce giant looks to compete with instant delivery companies like Instacart, DoorDash, and Uber Eats. The e-commerce giant is making more than 90,000 items available via this new delivery system. If an item can …

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Amazon launches its healthcare AI assistant on its website and app

Amazon announced on Tuesday that it’s expanding access to its healthcare AI assistant to its website and app. The assistant, called Health AI, was previously only available on the app for One Medical, the healthcare company Amazon acquired for $3. Health AI can answer questions, explain health records, manage prescription …

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Amazon is rolling out a redesigned Fire TV app

Amazon is starting to roll out its redesigned Fire TV mobile app to customers, the company announced on Thursday. While you could previously only use the app as a backup remote, the updated experience lets you browse and discover content directly from your phone, manage your watchlist on the go, …

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His house burned down. He used the insurance money to build PopSockets.

Does a consumer hardware company need to get on the VC treadmill to succeed? Eleven years and 290 million products sold across 115 countries later, PopSockets has proven that the bootstrapped, low-dilution path more viable than the industry gives it credit for. The global consumer hardware brand was built on …

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