Page 28 - Amazon

Amazon launches Q, biz chatbot powered by generative AI to challenge rivals

Amazon finally has its answer to ChatGPT. The tech giant said Tuesday it will launch Q a business chatbot powered by generative artificial intelligence. The announcement, made in Las Vegas at an annual conference the company hosts for its AWS cloud computing service, represents Amazon's response to rivals who have rolled out chatbots that have captured the public's attention. San Francisco startup OpenAI's release of ChatGPT a year ago sparked a surge of public and business interest in generative AI tools that can spit out emails, marketing pitches, essays, and other passages of text that resemble the work of humans. That attention initially gave an advantage to OpenAI's chief partner and financial backer, Microsoft, which has rights to the underlying technology behind ChatGPT and has used it to build its own generative AI tools known as Copilot. But it also spurred competitors like Google to launch their own versions. These chatbots are a new generation of AI systems that can ..

As Jeff Bezos moves south, Amazon eyeing more office space in Miami

Amazon is seeking roughly 50,000 square feet (4,650 square meters) of office space, according to people familiar with the matter, who asked not to be identified because the plans are private

TCS ties up with Amazon Web Services to launch generative AI practice

The country's largest IT services exporter TCS on Monday announced its tie-up with Amazon Web Services to launch a dedicated generative artificial intelligence practice. The Tata Group company recently announced that it has imparted foundation training on GenAI for 1 lakh employees across the world. The practice will focus on using responsible AI frameworks and its "Paceport innovation hubs" to build a comprehensive portfolio of solutions and services for every industry sector, as per an official statement. It has already bagged a customer, with the world's largest hotel franchising company Wyndham Hotels and Resorts extending its strategic partnership with TCS and AWS to manage its digital transformation journey. Generative AI has captured the attention of enterprises globally for its potential to significantly reshape industries, the statement said, adding that TCS has already been working on GenAI with clients. TCS is at present focused on certifying over 25,000 employees on AW

Edtech major Byju's elevates Jiny Thattil to CTO as Anil Goel moves on

This transition is part of Byju's ongoing strategic restructuring and reorientation of its leadership team to further enhance operational efficiency

Amazon India launches initiative for individuals with learning disabilities

Amazon India on Monday announced the launch of a programme, Aurora, which will leverage the talent of individuals with learning disabilities and provide employment to them. The e-commerce giant rolled out a successful pilot of the programme with a non-profit Mumbai-based organisation Sol ARC in harnessing the talent of a batch of young adults in its delivery stations in Mumbai, Delhi, Bangalore, Chennai, Hyderabad, Amazon India said in a statement. Besides hiring talent with learning disabilities, Amazon's programme, Aurora, will also focus on building groundwork and support mechanisms, such as increasing employee awareness and inspiring employees to be allies to those with learning disabilities. "We are passionate about creating a diverse workforce to reflect our customer base and ensure we tap into their diverse perspectives. We strongly believe that diversity in the workplace helps create a better, more inclusive environment and we are invested to create opportunities for the ...

Byju's names Jiny Thattil as Chief Technology Officer, replacing Anil Goel

Jiny Thattil has previously worked at companies such as cred-owned Happay, Amazon, InMobi and GE Healthcare

Amazon hit by strikes, protests across Europe during Black Friday trade

More than 200 workers were striking on Friday at Amazon's warehouse in Coventry, England as part of a long-running dispute over pay

Amazon India, WBIDC sign MoU to boost e-commerce exports from West Bengal

WBIDC will build e-commerce export hubs and set up e-commerce exports facilitation cell in key districts across West Bengal including Kolkata

Amazon set to win EU's nod for its $1.4 billion iRobot acquisition: Report

The European Commission, which acts as the EU's competition watchdog, warned Amazon in July that the deal could reduce competition in robot vacuum cleaners

Govt, Amazon partner to leverage 'districts as export hubs' initiative

The commerce ministry on Thursday said it has inked an agreement with US-based Amazon to provide training to MSMEs in 20 identified districts in areas such as making digital catalogues and tax-related issues with a view to promoting exports through e-commerce medium. The capacity building session will allow MSMEs to learn about imaging, digital cataloguing of their products, tax advisory amongst others, it said in a statement. The MoU was signed in the presence of Director General of Foreign Trade (DGF) Santosh Sarangi; Chetan Krishnaswamy (Vice President, Public Policy Amazon); and Bhupen Wakankar (Director Global Trade Amazon India). DGFT is an arm of the commerce ministry which deals with import and export-related issues of the country. "To enable micro, small and medium enterprises (MSMEs) and boost e-commerce exports from the country, DGFT is collaborating with the various e-commerce players to leverage the Districts as Export Hubs initiative and promote e-commerce exports f

Amazon's 'AI Ready' initiative to train 2 million in AI skills by 2025

An AWS study found that 73% employers prioritise applicants with AI skills and these candidates can earn up to 47% more in salaries

Amazon lays off hundreds in Alexa division as it plows resources into AI

Amazon is cutting hundreds of jobs in the unit that handles its popular voice assistant Alexa as it plows more resources into artificial intelligence. In a note to employees on Friday, Daniel Rausch, Amazon's vice president of Alexa and Fire TV, wrote that the company is eliminating certain roles because it is ditching some initiatives. As we continue to invent, we're shifting some of our efforts to better align with our business priorities, and what we know matters most to customers which includes maximizing our resources and efforts focused on generative AI, Rausch wrote. He said several hundred positions would be cut but did not give a more precise figure. Seattle-based Amazon is in fierce competition with other tech companies rushing to capitalize on the generative AI craze. The company has been implementing a host of AI initiatives in the past few months, from infusing the technology into customer reviews to providing services that allow developers to build their own AI tools

Project Kuiper internet satellites fully successful in testing, says Amazon

The company said it had successfully used the prototype satellites for two-way video calls and streaming a high-definition film on Prime Video

Festive cheers! Ecommerce platforms, online brands sales shine on Diwali

More than 50% of the total festive sales have come through online platforms, against 45% in 2022

Amazon Great Indian Festival has been the biggest ever in history: Tiwary

Amazon India gave customers access to more than 5,000 new launches from top brands

At 1.1 bn, Amazon records highest ever visits in Great Indian Festival 2023

Great Indian Festival 2023: The e-commerce giant also said that in the premium segment, it sold 2.5X more smartphones as compared to last year

Amazon's products may soon be delivered in recyclable paper packing

Amazon has designed a new machine that makes recyclable, made-to-fit paper packages for products

Hollywood actors' strike over as union reaches tentative deal with studios

Hollywood's actors union reached a tentative deal with studios Wednesday to end its strike, bringing a close to months of labor strife that ground the entertainment industry to a historic halt. The three-year contract agreement must be approved by votes from the union's board and its members in the coming days, but the leadership declared that the strike will end at 12:01 a.m. on Thursday. At nearly four months, it was by far the longest strike ever for film and television actors. More than 60,000 members of the Screen Actors Guild-American Federation of Television and Radio Performers went on strike July 14, joining screenwriters who had walked off the job more than two months earlier. It was the first time the two unions had been on strike together since 1960. Studios chose to negotiate with the writers first, striking a deal that their leadership marked as a major win and bringing their strike to an end on Sept. 26. The terms of the agreement were not immediately released. ...

Indian exporters on Amazon Global Selling gear up for holiday season

Indian businesses exporting through the Amazon Global Selling program are on track to surpass $8 billion in cumulative exports by the end of 2023

Amazon slashes subscription fee for exporters by 99% to $1 for 1st 3 months

E-commerce company Amazon has slashed subscription fees for new exporters to USD 1 from USD 120 per month for the first three months of onboarding the platform, the company said on Wednesday. Amazon will start the annual Black Friday and Cyber Monday (BFCM) sale event between November 17 and 27, 2023 on its global website where it will list products from Indian exporters. "To enable more businesses to leverage e-commerce exports and sell globally during the upcoming holiday season, Amazon has slashed the subscription fee for Indian exporters joining its global selling program for the first three months from USD 120 (39.99 per month) to just USD 1. This limited time offer is available to exporters joining this program on or before March 31, 2024," the company said in a statement. In the recently concluded Prime Big Deal Days Sale on October 10 and 11, 2023, Indian exporters on Amazon Global Selling saw their business grow nearly 70 per cent year-on-year (YoY) and 170 per cent compare