It seemed promising when Amazon’s shopping chatbot suggested gifts of “page-turner fiction” for a buddy who enjoys beach travel and reading. But instead of the fun, breezy novels I expected, the top artificial intelligence recommendations were titled something like “Page-turner” or “How to Write a Page Turner.
The sheer abundance of deals during the holiday season can get overwhelming. Amazon's guides help US customers navigate more than 100 product types.
Another reason to be leery of buying Amazon stock in the new year is the economic uncertainty. We've already seen the Federal Reserve indicate tentativeness about the number of interest rate cuts on the way in 2025. If the Fed becomes more nervous about the U.S. economy, it could signal bad news for Amazon.
Amazon Nova introduces 6 specialized ai models designed for enterprise needs, delivering 75% cost savings while maintaining superior performance in their respective intelligence classes.
Researchers and watchdog groups say the emergence of generative artificial intelligence tools that allow people to efficiently produce detailed and novel online reviews has put merchants, service providers and consumers in uncharted territory.
Amazon founder Jeff Bezos has also invested in Canadian nuclear ... “Let’s face it, these guys who are doing AI right now, they’re the ones with the money, right?” Erickson said. Megan Wilson, chief strategy officer at General Fusion, told CNN ...
CEO Andy Jassy noted, "We've seen significant reacceleration of AWS growth for the last four quarters," putting its annualized revenue run rate at $110 billion. With that, AWS controls roughly 33% of the cloud infrastructure services market, more than Azure and Google Cloud combined, according to research firm Canalys.
The AI Amazon uses in its fights against scams and fraud doesn’t only extend to impersonation scams; it also helps the company uncover counterfeits and fake goods, widespread fraudulent reviews and sellers making consistent or material changes to existing goods on Amazon.
Andrej Karpathy sees LLMs reading books along with humans. A recent Amazon job listing suggests the company may already be working on this.
When the Shark is done cleaning, it'll return back to its charging base which is also a self-emptying base. Inside, the base can store up to 60 days worth of dust and debris before you'll need to empty it out. In short, that means you won't have to consider floor maintenance for about two months at a time.
Despite long-term AI-driven growth, Amazon's current valuation reflects over-optimism. Near-term EV-to-EBITDA compression and moderate CAGR pose risks. Read more here.