Tag: Amazon

Amazon to acquire Indian streaming service MX Player
News

Amazon upgrades Nova Reel AI to generate longer, multi-shot videos

Amazon has rolled out a major upgrade to its generative video model, Nova Reel, expanding its capabilities to produce videos up to two minutes in length and offering users greater creative control. Launched in December 2024, Nova Reel marked Amazon’s entry into the competitive generative video space, joining offerings from OpenAI, Google, and others. The […]

Amazon launches general-purpose AI agent Nova Act
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Amazon launches general-purpose AI agent Nova Act

Amazon unveiled Nova Act on Monday, a general-purpose AI agent designed to autonomously navigate web browsers and execute basic tasks. Accompanying this launch is the Nova Act SDK, a developer toolkit for building AI-driven agent prototypes. Developed by Amazon’s newly established AGI lab in San Francisco, Nova Act will also serve as the backbone of […]

Amazon to require cloud processing for Alexa voice recordings
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Amazon to require cloud processing for Alexa voice recordings

Amazon Echo users will no longer have the option to keep their voice recordings local, as the company moves to require all Alexa requests to be processed in the cloud starting March 28. According to a report by Ars Technica, Amazon recently notified users who had enabled the “Do Not Send Voice Recordings” setting, informing […]

Amazon plans stand-alone app for payments in India
Tech

Amazon launches Alexa+ with AI upgrades

Amazon has introduced Alexa+, a new AI-powered version of its digital assistant, featuring enhanced natural language processing, personalized interactions, and improved smart home integration. Amazon’s revamped service is powered by generative AI, according to Panos Panay, the company’s senior vice president of devices and services, who announced it on stage at an event in New […]

Amazon increases AI spending to $100bn
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Amazon increases AI spending to $100bn

Amazon CEO Andy Jassy announced during the company’s Q4 earnings call that capital expenditures (capex) for 2025 will exceed $100 billion, a sharp increase from $78 billion in 2024. The “vast majority” of this spending will fuel AI expansion at Amazon Web Services. Despite speculation that AI costs would plummet after DeepSeek’s launch, Big Tech […]

Amazon to unveil AI-powered Alexa upgrade in February
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Amazon to unveil AI-powered Alexa upgrade in February

Amazon is set to launch a long-awaited generative AI-powered upgrade to Alexa, marking the most significant transformation of its voice assistant since its debut over a decade ago. The company has scheduled a February 26 event in New York to preview the new technology, with Panos Panay, head of Amazon’s devices and services team, leading […]

Amazon to exit Quebec operations, cut 1,700 jobs
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Amazon to exit Quebec operations, cut 1,700 jobs

Amazon has announced plans to wind down its operations in Quebec, resulting in the loss of approximately 1,700 full-time jobs, according to a company spokesperson on Wednesday. The e-commerce giant will close seven sites in the province—the only region in Canada with unionized Amazon employees—over the next two months. The company will shift back to […]

AWS enables payment in naira
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AWS enables payment in naira

Amazon Web Services has taken a significant step toward supporting Nigerian businesses by enabling payments in naira. This move simplifies financial transactions and eliminates the challenges of currency conversion, offering businesses a stable and predictable pricing model for their cloud services. For years, Nigerian companies using AWS faced hurdles such as fluctuating exchange rates and […]

Bezos expresses confidence in Musk, optimism for US space agenda
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Bezos expresses confidence in Musk, optimism for US space agenda

Jeff Bezos, founder of Blue Origin, said he does not believe SpaceX CEO Elon Musk will exploit his close relationship with U.S. President-elect Donald Trump to gain an advantage over Blue Origin in the space industry. Speaking to Reuters on Sunday, Bezos expressed optimism about the incoming administration’s space policies. “Elon has been very clear […]

Tech billionaires lose $34.4bn amid market sharp decline
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Meta, Amazon scale back diversity programs amid opposition pressure

Meta Platforms, the parent company of Facebook, and Amazon.com are scaling back their diversity, equity, and inclusion initiatives as conservative opposition to such programs gains momentum. The moves come ahead of Republican Donald Trump’s return to the U.S. presidency, signaling a broader shift in corporate America’s stance on inclusion efforts. Meta announced in an internal […]

Amazon to acquire Indian streaming service MX Player
News

Amazon’s Haul rivals Temu, Shein on pricing

Amazon has introduced new feature called Haul, in its mobile-only section within its app that focuses on ultra-low-priced items. Amazon’s Haul is designed to rival popular platforms like Temu and Shein, offering ultra-low-cost products shipped directly from China. Since its launch in November, the feature has drawn millions of unique customer visits, showcasing Amazon’s push […]