Amazon is advancing its warehouse automation with the introduction of Proteus 2, a fully autonomous robot equipped with AI-powered natural language processing that allows workers to direct it via voice commands. These robots navigate safely alongside humans, improving efficiency by reducing accidents by 41% and increasing goods delivered by 40%. Amazon plans to deploy Proteus 2 across global fulfillment centers starting in 2027, enhancing fast delivery services especially in Europe. This development is part of Amazon's broader $10 billion investment in robotics to modernize operations and support human-robot collaboration, aiming to create new jobs and improve workplace safety and productivity.
Alphabet's shares fell over 5% in a week after five core AI researchers left for competitors like OpenAI and Anthropic, highlighting concerns about Google's AI product lineup, especially in coding assistants. Despite strong financials and growth in G...
A new streaming royalty calculator from law firm Manatt Phelps & Phillips reveals that Spotify takes 46% of gross streaming revenue, more than the 43% paid to record labels, while Apple Music takes 25%. In contrast, Amazon Music reportedly takes no c...
Equity markets remain close to all-time highs even as consumer sentiment hits multi-decade lows and most S&P sectors show weak or negative earnings growth. This divergence is driven by concentrated gains in technology and energy sectors, while retail...
In mid-2026, key AI platform stocks NVIDIA, Amazon, and Meta have pulled back despite strong revenue growth and strategic investments. NVIDIA trades 27% below its 52-week high with robust data center revenue and a large share buyback plan. Amazon sho...
A new streaming royalty calculator by law firm Manatt Phelps & Phillips reveals that Spotify takes 46% of gross streaming revenue, more than the 43% paid to record labels, while Apple Music takes 25%. The biggest surprise is Amazon Music, which repor...
