The big AI companies seem to be in a celebratory mood after President Donald Trump unveiled his AI Action Plan — not surprising, perhaps, since the plan was shaped by Trump’s Silicon Valley allies. Today, on TechCrunch’s Equity podcast, hosts Kirsten Korosec, Max Zeff, and Anthony Ha look at how the Trump administration plans to […]
Should Silicon Valley celebrate Trump’s AI plans? Read More »
Amazon is making its color screen Kindle more affordable. Following the launch of the Kindle Colorsoft last year, the retailer on Thursday introduced a lower-cost version of the normally $279.99 device. The new device offers a $30 discount for 16GB of storage instead of 32GB, bringing the cost down to $249.99. A kids edition is
Amazon introduces a more affordable color screen Kindle Read More »
Amazon has acquired the AI wearables startup Bee, according to a LinkedIn post by Bee co-founder Maria de Loudres Zollo. Amazon confirmed the acquisition to TechCrunch, but noted that the deal has not yet closed. Bee, which raised $7 million last year, makes both a standalone Fitbit-like bracelet (which retails for $49.99, plus a $19-per-month
Amazon acquires Bee, the AI wearable that records everything you say Read More »
Programmable optics startup Lumotive has added a few more strategic backers to its recent Series B round. Redmond, Washington-based Lumotive reopened its recent Series B funding round to bring in Amazon, through its Amazon Industrial Innovation Fund, and ITHCA Group, the technology investment arm of Oman’s sovereign wealth fund, as investors. These fresh funds bring
Amazon backs programmable optics startup Lumotive Read More »
Amazon’s Prime Day, which leads to an overall boost to U.S. e-commerce thanks to competitive sales, saw a significant increase in retail traffic driven by generative AI products, including chatbots and browsers. According to a post-Prime Day analysis by Adobe Analytics, gen AI traffic to U.S. retail sites increased by 3,300% year-over-year — which was
Prime Day event drove over $24B in U.S. e-commerce sales, gen AI traffic was up 3,300% Read More »
The independent online bookseller Bookshop.org took a swipe at Amazon to celebrate the start of Prime Day, Amazon’s annual sale (which, despite its name, is actually four days this year). Like many other retailers, Bookshop.org holds a sale to coincide with Amazon’s big event — it’s a way to lure away consumers who may be
Bookshop.org mocks Jeff Bezos wedding invite in anti-Prime Day promo Read More »
Amazon plans to shut down its standalone Freevee app in August, according to an in-app notice to users. The free, ad-supported streaming service is directing viewers to continue watching Freevee content on Prime Video. “Prime Video is the new exclusive home for Freevee Tv show, movies, and Live TV,” the notice to readers states. “The
Amazon is shutting down its Freevee app in August Read More »
After 13 years of deploying robots into its warehouses, Amazon reached a new milestone. The tech behemoth now has 1 million robots in its warehouses, the company announced Monday. This one millionth robot was recently delivered to an Amazon fulfillment facility in Japan. That figure puts Amazon on track to reach another landmark: Its vast
Amazon deploys its one millionth robot, releases generative AI model Read More »
After 13 years of deploying robots into its warehouses, Amazon reached a new milestone. The tech behemoth now has 1 million robots in its warehouses, the company announced Monday. This one millionth robot was recently delivered to an Amazon fulfillment facility in Japan. That figure puts Amazon on track to reach another landmark: Its vast
Amazon deploys its 1 millionth robot, releases generative AI model Read More »
Amazon announced on Tuesday that it is expanding its Same-Day and Next-Day delivery services to over 4,000 small cities and towns across rural U.S. This expansion will bring its fast Prime delivery service to millions of customers in places such as Asbury, Iowa; Fort Seneca, Ohio; Lewes, Delaware; North Padre Island, Texas; and Sharptown, Maryland.
Amazon to spend over $4B to expand Prime delivery to rural communities in the US Read More »
