amazon Amazon Unveils AI-Powered Alexa+ to Rival ChatGPT and Gemini Amazon launches Alexa+, a generative AI upgrade that turns the voice assistant into an action-oriented agent capable of coordinating complex daily tasks. The revamped service relies on models from Anthropic and Amazon's own Nova to compete with leading AI competitors.
amazon Amazon Unveils Alexa+ With Advanced Generative AI Capabilities Amazon introduces Alexa+, a significantly upgraded version of its voice assistant powered by large language models. The new system offers personalized conversations, proactive smart home control, and enhanced memory features.
tech layoffs Tech Layoffs Exceed 150,000 in 2024 as Industry Turmoil Continues The tech industry sees over 150,000 job cuts across 549 companies in 2024, extending a difficult period that began in 2022. This widespread workforce reduction highlights the growing impact of AI and automation on previously secure roles.
amazon Amazon Launches AGI SF Lab to Develop Next-Generation AI Agents Amazon opens a new San Francisco research lab led by Adept co-founder David Luan to build AI agents capable of navigating software and performing complex real-world tasks.
amazon Amazon Unveils Nova, a New Family of Multimodal AI Models AWS introduces Nova, a new suite of generative AI models that process text, images, and video across four tiers of capability. The models promise fast performance, low costs, and massive context windows for cloud customers.
aws AWS Unveils Incident Response Service to Tackle Rising Cyber Threats AWS introduces a new security incident response service to help organizations quickly recover from cyberattacks and ransomware. The tool automatically triages threats and serves as a central hub for managing security crises.
zoox Amazon-Backed Zoox Launches Custom Robotaxis in Two Major Cities Zoox is testing its custom-built, steering-wheel-free robotaxis on public roads in San Francisco and Las Vegas. The company currently transports only employees but plans to invite early public riders in 2025.
rivian Rivian Revenue Falls Short as In-House Motor Supply Crisis Bites Rivian misses third-quarter revenue estimates due to a severe component shortage in its in-house Enduro motor. The EV maker also faces a growing gap between production and deliveries, prompting wider annual loss projections.
amazon Amazon Considers Multi-Billion Dollar Anthropic Investment With Chip Catch Amazon is in talks to invest billions more into AI startup Anthropic, but only if the company agrees to use Amazon's custom silicon for training. The deal comes as Anthropic faces massive expenses and seeks new funding at a $40 billion valuation.
irobot iRobot Cuts 105 More Jobs as Workforce Shrinks by Half iRobot lays off an additional 105 employees as part of an ongoing operational restructuring following the collapse of its Amazon acquisition. The company now operates with half the global workforce it started the year with.
amazon Amazon Prime Video Introduces AI-Powered Recaps to Prevent Spoilers Amazon launches X-Ray Recaps, a generative AI feature on Prime Video that creates spoiler-free summaries of TV shows. The tool is currently in beta for U.S. Fire TV users.
ai agents Anthropic Leads AI Agent Push as Businesses Embrace Automated Task Helpers Anthropic releases a new Claude model that navigates computers like a human, signaling a major shift toward AI agents. Despite high failure rates in early tests, nearly half of enterprises are already deploying these automated systems.
meta Meta Initiates Fresh Round of Layoffs Across Key Divisions Meta confirms a new wave of layoffs affecting teams like Reality Labs, Instagram, and WhatsApp as the company reallocates resources.
amazon Amazon Backs Nuclear Startups to Power Data Centers with Small Modular Reactors Amazon joins Microsoft and Google in pursuing nuclear energy by investing $500 million in X-energy and planning small modular reactors in Virginia and the Pacific Northwest. The company expects the new reactors to start generating electricity in the early 2030s.
aws AWS Faces Turbulent Times as Top AI Executive Departs AWS loses VP of AI Matt Wood after 15 years as the cloud giant struggles to find its footing in the generative AI boom.