Browsing: Amazon

Amazon has formed a new team dedicated to agentic AI, a technology designed to automate tasks and potentially become a major revenue driver. Led by AWS executive Swami Sivasubramanian, this initiative underscores Amazon’s commitment to advanced automation.

Dan Niles, founder of Niles Investment Management, suggests a potential short-term rebound in technology stocks while expressing reservations about their long-term prospects due to political, valuation, and AI-related concerns.

AWS is making significant investments in agentic AI, forming a new group and restructuring to capitalize on the next wave of artificial intelligence.

Amazon is significantly increasing its AI investments and is developing its own AI products, including a reasoning model and AI agents, to compete with rivals like OpenAI and DeepSeek.

A new Hudson Nonstop store, utilizing Amazon’s ‘Just Walk Out’ technology, has launched at Colorado Springs Airport.

AWS plans major investment in Maharashtra, boosting India’s cloud computing infrastructure and economic growth.

Amazon is deploying AI solutions in Aragon, Spain to enhance flood defenses and improve water management, following Google’s lead in leveraging AI for climate resilience.

As Amazon expands its advertising capabilities, it poses a significant challenge to other, smaller players in the ad tech sector.

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Amazon is investing heavily in AI agents with a new internal group focused on advancing the technology.