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Amazon plans AI-powered devices beyond screens, designing its own chips for better Alexa integration.

Market News
03 Jul 2026
CNBC
View Source
Neutral
pluang ai news

Amazon is advancing its AI efforts by developing new generations of screenless, AI-enabled devices centered around an upgraded Alexa assistant called Alexa+. This assistant aims to be more contextual and integrated into daily life, moving away from traditional apps and screens. Amazon is also designing its own semiconductor chips for these devices to enhance hardware-software integration, following a strategy similar to Apple’s. These moves highlight Amazon’s push to innovate in consumer electronics and AI-driven experiences.

More News (AMZN)

Software-defined automation market to nearly double to $97B by 2030, driven by AI and cloud adoption.

Software-defined automation market to nearly double to $97B by 2030, driven by AI and cloud adoption.

The software-defined automation market is projected to grow from $46.63 billion in 2025 to $96.98 billion by 2030, expanding at a CAGR of around 16%. This growth is fueled by increased adoption of automation software, AI-driven process automation, an...

Market News
Bullish
1 hour ago
Amazon plans new AI devices with custom chips to boost Alexa's capabilities and security.

Amazon plans new AI devices with custom chips to boost Alexa's capabilities and security.

Amazon's head of devices revealed plans to develop smart devices using Amazon-designed silicon chips, like the AZ3 and AZ3 Pro, to enhance AI performance and security by processing more data on-device rather than in the cloud. This move aims to impro...

Market News
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iShares Dow Jones US ETF gains from tech giants but faces risks from inflation and geopolitics

iShares Dow Jones US ETF gains from tech giants but faces risks from inflation and geopolitics

The iShares Dow Jones US ETF (IYY) provides broad exposure to the U.S. equity market but is heavily weighted towards large-cap tech companies like Microsoft, Amazon, Alphabet, and Meta, which make up over 16% of the fund. Its recent outperformance co...

Market News
Neutral
18 hours ago
AI drives up Google and Amazon's carbon emissions, challenging their net-zero goals.

AI drives up Google and Amazon's carbon emissions, challenging their net-zero goals.

Google and Amazon's latest sustainability reports reveal significant rises in carbon emissions, up 25% and 16% respectively, largely due to increased AI use. While both companies have committed to net-zero emissions, AI's heavy energy demand, especia...

Market News
Bearish
20 hours ago
Trump buys 327 stocks amid tariff chaos, then sparks 9.5% market rally with tariff rollback

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On April 8, 2025, President Donald Trump made 327 stock purchases focused on major tech companies during a market sell-off triggered by his new tariff plan. The next day, he announced a partial rollback of these tariffs, causing the S&P 500 to surge ...

Market News
Bullish
21 hours ago
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