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Amazon is preparing to end support for Kindle devices released before 2012 — cutting them off from the Kindle Store and making them virtually unable to load any new content. The company set a cutoff date for May 20, 2026. Amazon sent an email to customers this week announcing it would end support for the…
Anthropic on Tuesday released a preview of its new frontier model, Mythos, which it says will be used by a small coterie of partner organizations for cybersecurity work. In a previously leaked memo, the AI startup called the model one of its “most powerful” yet. The model’s limited debut is part of a new security…
The war in Iran has hammered global oil markets, with gas prices in the U.S. spiking significantly. Amid the rise in transportation costs, Amazon has instituted a new 3.5% fuel surcharge for sellers that use its distribution network. The policy has the potential to inflict significant new costs on the untold merchants that rely on…
Amazon has confirmed that it has acquired Fauna Robotics, a two-year-old startup founded by former Meta and Google engineers who are developing kid-size humanoid robots. The acquisition was first reported by Bloomberg. Terms of the deal weren’t disclosed. What we do know is that Fauna’s employees, including its two founders, will join Amazon in New…
Shortly after Amazon CEO Andy Jassy announced AWS’s groundbreaking $50 billion investment deal with OpenAI, Amazon invited me on a private tour of the chip development lab at the heart of the deal, at (mostly*) its own expense. Industry experts are watching Amazon’s Trainium chip, created at that facility, for its implications for lower-cost AI…
Jeff Bezos is reportedly seeking $100 billion for a new fund, the likes of which will be used to buy up companies in major industrial sectors and, ultimately, modernize and automate them with AI, according to sources cited by The Wall Street Journal. The effort is related to Bezos’ AI startup, Project Prometheus. Bezos, whose…
Rivr, a Zurich-based autonomous robotics startup known for its stair-climbing delivery robot, has been acquired by Amazon in a deal that signals the e-commerce giant’s interest in doorstep delivery. Terms of the deal weren’t disclosed. Co-founder and CEO Marko Bjelonic, who once described the four-legged wheeled robot to TechCrunch as a “dog on roller skates,”…
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…