Tag #Amazon

forbes.com
🌐 85% Global Worthiness
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Amazon Stock Soars 50% on AI Investments and New Ventures

Amazon's stock price has risen almost 50% in 2023, outperforming other tech giants due to increased operating profits from infrastructure investments, a successful advertising business, and a strong position in generative AI, with its new AI chip Trainium3 and expansion into the automotive market wi...

Progress

56% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Amazon Opens New AI Lab Focused on AI Agents

Amazon opened a San Francisco AI lab focusing on foundational AI capabilities for AI agents, complementing its recent Nova foundation model series and Trainium chip advancements, with potential applications for healthcare.

Progress

52% Bias Score

Reduced Inequality
cnn.com
🌐 85% Global Worthiness
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Amazon Sued for Allegedly Withholding Fast Delivery Service from Predominantly Black D.C. Neighborhoods

The District of Columbia sued Amazon for allegedly withholding its fastest delivery service from two predominantly Black neighborhoods, impacting nearly 50,000 Prime members and significantly slowing delivery times, while continuing to charge for Prime membership.

Progress

52% Bias Score

Reduced Inequality
kathimerini.gr
🌐 85% Global Worthiness
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Google's Market Share Decline Threatens Alphabet's Future

Google's US search advertising market share is predicted to fall below 50% for the first time, driven by consumers shifting to platforms like Amazon and TikTok and the rise of AI-powered search alternatives, threatening Alphabet's revenue and future investments.

Progress

48% Bias Score

cnbc.com
🌐 75% Global Worthiness
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Bezos Expresses Optimism on Trump's Regulatory Policies

Jeff Bezos expressed optimism about President Trump's regulatory policies, offering assistance in reducing regulations despite their past conflicts; this follows Bezos's previous support for Trump's campaign.

Progress

44% Bias Score

elmundo.es
🌐 85% Global Worthiness
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Amazon Unveils Nova: A Cost-Effective, High-Performance Language Model

Amazon launched Nova, its first foundational language model, outperforming competitors in cost and efficiency, alongside Nova Canvas (image generation) and Nova Reels (video generation).

Progress

40% Bias Score

taz.de
🌐 85% Global Worthiness
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Volkswagen Brazil Sued for "Slave-Like" Conditions at Amazon Farm

The Brazilian Labor Ministry sued Volkswagen Brazil for "slave-like conditions," including deaths, at its Cristalino cattle farm (1974-1986) in the Amazon; the lawsuit, based on decades of evidence, seeks 165 million Reais in compensation.

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Amazon's Rufus AI Assistant Reshapes Product Discovery

Amazon's February launch of its AI shopping assistant, Rufus, is reshaping product discovery by prioritizing personalized recommendations based on user data and potentially altering brand marketing strategies through the integration of sponsored ads and a reliance on broader internet presence for pr...

Progress

32% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Amazon Cyber Monday Ad Spending Surges 23.3% Amidst Record Online Sales

Pacvue data reveals a 23.3% year-over-year increase in Amazon ad spending on Cyber Monday 2024, with CPC rising 15.8% to \$2.12, driven by intense competition for last-minute shoppers despite a longer promotional period; US consumers spent a record \$12.4 billion online.

Progress

36% Bias Score

us.cnn.com
🌐 85% Global Worthiness
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Amazon Sued for Allegedly Discriminatory Delivery Practices in Washington, D.C.

The District of Columbia sued Amazon for allegedly halting its fastest delivery service in two predominantly Black neighborhoods (ZIP codes 20019 and 20020) since mid-2022, impacting nearly 50,000 Prime members, while still charging for the promised service; Amazon claims safety concerns but the cit...

Progress

52% Bias Score

smh.com.au
🌐 85% Global Worthiness
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AMD and Amazon Challenge Nvidia's AI Chip Dominance

AMD's MI300 AI chip is projected to make $7.8 billion in its first year, and Amazon's new Trainium 2 chip is four times faster than its predecessor, signaling a rise of credible alternatives to Nvidia in the rapidly growing AI chip market.

Progress

48% Bias Score

cnbc.com
🌐 85% Global Worthiness
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Apple Uses Amazon AI Chips, Signals Shift Away from Nvidia

Apple revealed at AWS Reinvent that it uses Amazon's Inferentia and Graviton chips for search services, achieving a 40% efficiency increase, and is evaluating Trainium2 for pre-training its Apple Intelligence models, potentially improving efficiency by up to 50%.

Progress

40% Bias Score