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Tag: Amazon

Amazon plans stand-alone app for payments in India
Tech

Amazon shareholders vote against splitting CEO, chair roles

Amazon shareholders rejected a proposal to separate the roles of CEO and board chair. According to a filing on Thursday, around 82% of shareholders voted against the measure. This independent proposal, along with seven others, was put forward at Amazon’s annual meeting on Wednesday, but all were ultimately rejected. The proposal aimed to formalize this […]

Amazon cuts 100 Jobs in devices, services unit
News

Amazon cuts 100 Jobs in devices, services unit

Amazon has laid off approximately 100 employees from its Devices and Services division, the company confirmed on Wednesday, marking the latest in a series of targeted job cuts as it seeks to streamline operations and align with evolving product strategies. The affected unit oversees a broad range of Amazon’s hardware and technology projects, including Kindle […]

Amazon plans stand-alone app for payments in India
Tech

Amazon enters quantum race with launch of Ocelot chip

Amazon has recently joined the intensifying quantum computing race, unveiling its proprietary quantum chip, Ocelot. The tech giant now competes head-to-head with cloud computing rivals Google, Microsoft, and others, all vying to dominate what many see as the next technological frontier. Amazon, best known for its e-commerce empire, has evolved into a cloud computing powerhouse […]

Amazon plans stand-alone app for payments in India
E-commerce

Amazon expands online pharmacy services to include prescription pet medications

Amazon announced Thursday that it is broadening its online pharmacy services to include prescription pet medications, marking a strategic move to capture a share of the growing pet care market. The expansion adds hundreds of commonly prescribed pet medications to its U.S. platform, covering treatments for fleas, ticks, and chronic conditions. The new service requires […]

Amazon cuts jobs in books division amid broader efficiency push
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 AI-generated 'Recaps' feature for kindle readers
News

Amazon launches AI-generated ‘Recaps’ feature for kindle readers

Amazon is rolling out a new “Recaps” feature for Kindle users in the United States, designed to help readers refresh their memory on plot points and character arcs before diving into the next book in a series. “We use technology, including GenAI and Amazon moderators, to create short recaps of books that accurately reflect book […]

Amazon launches general-purpose AI agent Nova Act
News

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
News

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
News

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
News

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 […]

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