Amazon
Mayor Zohran Mamdani is backing new safeguards for delivery workers in New York City — and the proposal would give City Hall more regulatory power over commerce giants like Amazon.The Delivery Protection Act, sponsored by New York City Council Member Tiffany L. Cabán, would increase licensing requirements for companies that…
Amazon’s earnings on Thursday highlighted a surprising idea gaining traction across Silicon Valley: You don’t need the best models to win in AI.The company reported blockbuster results, including a 37% jump in revenue from Amazon Web Services. Those gains came from the cloud giant running many different AI models from…
Ukrainian strike drones flying hundreds of miles into Russian territory have been hitting oil refineries, military sites — and now the country’s biggest e-commerce warehouses.At least 10 facilities run by Russia’s largest online retail firm, Wildberries, have been struck by long-range drones in the last two weeks.The fixed-wing drones have…
TikTok is ripping a page from Amazon’s playbook.The social-video app is testing a Prime-style membership program for some US shoppers, according to screenshots of the offering viewed by Business Insider.The program, called TikTok Shop Plus, is built into Shop, its e-commerce platform. Like Amazon Prime, it offers members a mix…
Amazon’s next Alexa AI upgrade may be able to handle more complex tasks. Getting there is expensive, though.Internal planning documents reviewed by Business Insider show Amazon is working on a previously unreported Alexa project, codenamed Moonraker, to handle more complex, multistep tasks for users.Moonraker pushes Alexa into the AI agent…
Amazon raised prices for several key AI cloud offerings, the latest sign that memory chip shortages are driving up the cost of some technology.Amazon Web Services recently announced price increases for EC2 Capacity Blocks for ML. This is a cloud service that lets companies reserve GPUs in advance.The changes mean…
Some of the biggest names in tech and AI are behind a new organization with ambitious plans to help workers navigate the AI transition.The OpenAI Foundation, Anthropic, Amazon, and Microsoft are all “anchor partners” on Raise US, a new nonprofit that aims to raise $1 billion to build a national…
Months after Amazon deepened its ties with OpenAI, Amazon MGM Studios has dropped plans to release Luca Guadagnino’s star-studded movie about Sam Altman and the leadership crisis that nearly toppled him.”We believe that ‘Artificial’ will be better served if it were released by a different studio and are working closely…
