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Amazon is launching one-hour and three-hour delivery options across many cities in the U.S. as the e-commerce giant looks to compete with instant delivery companies like Instacart, DoorDash and Uber Eats. The e-commerce giant is making more than 90,000 items available via this new delivery system. If an item can be delivered to a user…
Amazon announced on Tuesday that it’s expanding access to its healthcare AI assistant to its website and app. The assistant, called Health AI, was previously only available on the app for One Medical, the healthcare company Amazon acquired for $3.9 billion in 2023. Health AI can answer questions, explain health records, manage prescription renewals, book…
Does a consumer hardware company need to get on the VC treadmill to succeed? Eleven years and 290 million products sold across 115 countries later, PopSockets has proven that the bootstrapped, low-dilution path more viable than the industry gives it credit for. The global consumer hardware brand was built on less than $500k, no institutional capital, and a philosophy professor’s determination. Watch as founder and former CEO…
OpenAI has raised $110 billion in private funding, the company announced Friday morning, commencing one of the largest private funding rounds in history. The new funding consists of a $50 billion investment from Amazon as well as $30 billion each from Nvidia and SoftBank, against a $730 billion pre-money valuation. Notably, the round has remains…
Jack Dorsey has long been an open admirer of Elon Musk. Now, it seems, he may have been taking notes. On Thursday, Dorsey announced that Block, the payments company he founded that operates Square, Cash App, and Tidal, is cutting more than 4,000 employees, nearly half its global workforce, taking it from over 10,000 workers…
Amazon has hundreds of thousands of robots in its warehouses, but that doesn’t mean all of its robotic initiatives are a success story. The ecommerce giant has halted its Blue Jay warehouse robotics project just months after unveiling the tech, as originally reported by Business Insider and confirmed by TechCrunch. Blue Jay, a multi-armed robot…
The AI industry’s pursuit of licensable content has been a messy affair, filled with lawsuits and accusations of copyright infringement. Now, as tech companies look for legally safe sources of AI training data, Amazon is reportedly considering launching a marketplace where publishers can license their content directly to AI companies. The Information reported Monday that…
After a better-than-expected opening weekend in theaters, box office for Amazon’s “Melania” fell 67%, to an estimated $2.37 million, in its second weekend. The documentary about First Melania Trump has grossed a total of $13.5 million so far (almost all of that in the United States), which means it’s extremely unlikely the film — which…
Ring’s AI-powered “Search Party” feature, which leverages the company’s network of cameras to find lost dogs, is now available to all Ring customers in the U.S. For the first time, the feature will be made available to those who don’t own a Ring camera, too. Launched last fall, Search Party uses AI to find possible…
OpenAI, a company already valued at $500 billion, has made it known that it’s on the hunt for another $100 billion in investment. Such a funding round could lead the company’s valuation to shoot up to a titanic $830 billion. The Wall Street Journal is now reporting that Amazon may contribute at least $50 billion…