Amazon stock is higher Wednesday on news the company is working on an upgraded version of its Alexa voice assistant, which could include a monthly subscription.
Amazon.com investors voted against all 14 resolutions that would have requested the retailer disclose more about its carbon emissions, its directors' donations and form a committee to oversee artificial intelligence development, among other issues.
Amazon's cloud computing division AWS will invest 15.7 billion euros ($17 billion) in data centers in Spain's northeastern Aragon region through to 2033, the US tech giant said Wednesday.
Amazon introduced Alexa in 2014 but has not found a consistent means to make it profitable, instead driving shoppers to the company's website for more purchases.
Amazon.com Inc (NASDAQ:AMZN) is set to launch a paid, upgraded version of its voice assistant Alexa that uses generative artificial intelligence (GenAI), according to a report by CNBC. Sources with knowledge of Amazon's plans told the publication that the “more conversational” version of Alexia will launch later this year and would potentially position it to better compete with other chatbots such as OpenAI's GPT4-o and Google's Gemini.
Amazon.com Inc (NASDAQ:AMZN) is set to launch a paid, upgraded version of its voice assistant Alexa that uses generative artificial intelligence (GenAI), according to a report by CNBC. Sources with knowledge of Amazon's plans told the publication that the “more conversational” version of Alexia will launch later this year and would potentially position it to better compete with other chatbots such as OpenAI's GPT4-o and Google's Gemini.
Alexa is getting an AI upgrade that could include a new paid tier for the voice-enabled assistant, CNBC reported.
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When I last looked, Amazon management faced serious challenges in Q1 2022, but has addressed them successfully; operating income, operating margin, and cash flows are expanding rapidly. The company implemented strategies to address inflationary costs, labor and productivity issues, and FBA overcapacity. Despite the share price run-up, I will explain why AMZN stock is not overpriced.
Amazon.com is planning an artificial intelligence-driven overhaul of its Alexa voice assistant and plans to charge a monthly subscription fee to offset technology costs, CNBC reported on Wednesday.
Amazon is upgrading its decade-old Alexa voice assistant with generative AI and plans to charge a monthly subscription fee to offset the cost of the technology.
French car giant Peugeot told CNBC it has partnered with German startup Vay to test the use of "teledriving" technology.