Adept, a startup developing AI-powered “agents” to complete various software-based tasks, has agreed to license its tech to Amazon as the startup’s co-founders and portions of its team join the ecommerce giant. Geekwire’s Taylor Soper first reported the news. According to Soper, Adept co-founder and CEO David Luan will join Amazon, along with Adept co-founders […]
Amazon hires founders away from AI startup Adept Read More »
Amazon is folding its Amazon Clinic telehealth service into its primary care business One Medical, the company announced on Thursday. The company explained in today’s blog post that, to simplify Amazon’s primary care offering for customers, the service has now been rebranded to Amazon One Medical Pay-per-visit, and now offers more affordable per-visit pricing. Customers
Amazon consolidates Amazon Clinic into the One Medical brand Read More »
TikTok is gearing up to challenge Amazon’s Prime Day event in July. The social network announced on Thursday that TikTok Shop is holding a “Deals For You Days” sales event in the U.S. starting on July 9. The announcement comes a few days after Amazon revealed that its annual Prime Day sales will take place
TikTok to challenge Amazon Prime Day with its own sales event in July Read More »
Amazon is facing another competition lawsuit in the U.K. The latest claim, which was filed Thursday, is seeking more than £2.7 billion in damages — or around $3.4 billion at current exchange rates — before the U.K.’s Competition Appeals Tribunal. The case is being brought by Andreas Stephan, a professor of competition law at the
Even as quick commerce startups are retreating, consolidating or shutting down in many parts of the world, the model is showing encouraging signs in India. Consumers in urban cities are embracing the convenience of having groceries delivered to their doorstep in just 10 minutes. The companies making those deliveries — Blinkit, Zepto and Swiggy’s Instamart
Can quick commerce leapfrog e-commerce in India? Read More »
Amazon says that it will commit up to $230 million to startups building generative AI-powered applications. The investment, roughly $80 million of which will fund Amazon’s second AWS Generative AI Accelerator program, aims to position AWS as an attractive cloud infrastructure choice for startups developing generative AI models to power their products, apps and services.
Amazon says it’ll spend $230 million on generative AI startups Read More »
E-commerce behemoth Amazon recently reached a wide-ranging settlement with the U.K. competition watchdog over how it uses Marketplace sellers’ data, with commitments to more transparent and fair practices going forward. But Amazon is not out of hot water over these issues just yet. On Thursday, the British Independent Retailers Association, which has thousands of members,
UK retailers file a £1.1B collective action against Amazon over claims of data misuse Read More »
Amazon has agreed to acquire Indian video streaming service MX Player from the local media powerhouse Times Internet, the latest step by the e-commerce giant to make its services and brand popular in smaller cities and towns in the key overseas market. The two firms reached a definitive agreement for the deal on Wednesday evening,
Amazon buys Indian video streaming service MX Player Read More »
Amazon has received approval from the U.S. Federal Aviation Administration (FAA) to fly its delivery drones longer distances, the company announced on Thursday. Amazon says it can now expand its Prime Air service, which uses delivery drones to fly individual packages, to more customers. The FAA requires that operators maintain a line of sight to
Amazon gets FAA approval to expand US drone deliveries Read More »
Amazon is rolling out an AI-powered search feature to Fire TV that would enable Alexa to answer open-ended questions about TV shows and movies, and deliver more specific recommendations tailored to users’ preferences. Announced at Amazon’s annual devices event last September, the feature is powered by a proprietary large language model (LLM). The AI understands
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