This week in artificial intelligence, Big Tech invests in AI, Meta rethinks its metaverse pivot and DeepSeek poses a potential security threat. Big Tech Plans Big Spending on AI This Year The AI arms race is getting pricey. Meta, Google, Microsoft and Amazon announced they...
Foundation models are large artificial intelligence (AI) models trained on humongous datasets that enable them to do a wide range of tasks across various industries. They are called foundation models because they form the backbone for other models that businesses and individuals can customize to...
Amazon continues its push into artificial intelligence (AI) and robotics, signaling a shift in its retail and technology business strategies. CEO Andy Jassy described AI Thursday (Feb. 6) as “the biggest opportunity since cloud and probably the biggest technology shift and opportunity in business since...
A decade after the debut of the original Google Glass — frame-only glasses with a small computer in the place of lenses — a new wave of next-generation smart glasses has emerged. Meta, Amazon, Snap, Samsung, Baidu, Xiaomi and Google, through its Android XR operating...
February 06, 2025
Amazon continues its push into artificial intelligence (AI) and robotics, signaling a shift in its retail and technology business strategies. CEO Andy Jassy described AI Thursday (Feb. 6) as “the biggest opportunity since cloud and probably the biggest technology shift and opportunity in business since the internet.” The company is doubling down on AI investments, […]
February 05, 2025
Walmart is expanding its real estate portfolio with a major acquisition. The retail giant has purchased Monroeville Mall near Pittsburgh for $34 million and plans to redevelop the site. The...
January 31, 2025
Amazon is emerging as a key competitor to Walmart in the healthcare sector, leveraging its technological reach and consumer base. With strategic partnerships, including those with Teladoc and mental health...
January 27, 2025
Shares of Nvidia, the darling stock of the generative AI boom, are down 15.3% in midday trading on Monday (Jan. 27) as Wall Street grapples with the revelation that it...
February 09, 2025
America’s tech giants could reportedly spend more than $320 billion on artificial intelligence (AI) this year. AI investments by the four biggest tech firms — Amazon, Google, Meta and Microsoft — jumped 63% last year, and will jump again for 2025, the Financial Times (FT) reported Friday (Feb. 7). However, the report added, investors are […]
February 05, 2025
Amazon is reportedly set to introduce a new, generative artificial intelligence (AI)-powered version of its Alexa voice assistant. The company sent out invitations to a Feb. 26 event featuring the...
February 05, 2025
Amazon’s efforts to restructure its workforce have reportedly left staffers with fewer opportunities to move up the corporate ladder. These concerns result from Amazon CEO Andy Jassy’s plan to reduce...
February 04, 2025
Amazon says it achieved its fastest delivery speeds ever for its Prime members last year. The eCommerce giant announced Tuesday (Feb. 4) that it delivered more than 9 billion items via same-day or...