The retail giant is taking a characteristically algorithmic approach to fashion.
Amazon’s Alexa is gaining knowledge at a rapid clip.
For years, Whole Foods CEO John Mackey was convinced that grocery stores and e-commerce didn’t mix. And I was more surprised than most when the news broke last week that he’s selling Whole Foods to Amazon for $13.7 billion.
We’re beginning to get a glimpse of some of the built-in limits to artificial intelligence.
Humans are natural negotiators. We arrange dozens of tiny little details throughout our day to produce a desired outcome: What time a meeting should start, when you can take time off work, or how many cookies you can take from the cookie jar.
Machines typically don’t share that affinity, but new research from Facebook’s AI research lab might offer a starting point to change that. The new system learned to negotiate from looking at each side of 5,808 human conversations, setting the groundwork for bots that could schedule meetings or get you the best deal online.
In today’s world, a terabyte is a rather routine size of information. However, when we get to petabyte, we talking serious volumes of data.
Companies like DigitalGlobe are creating more petabytes than they can upload to the cloud. That’s why Jeff Bezos has a service for shipping huge amounts of data via traditional roadways.
Amazon is looking for a staggering 1,300 warehouse units across Europe to fulfil its commitments for its one-hour Prime Now delivery service.
The online retailer is understood to be seeking small warehouse units in urban locations near major cities, as consumers increasingly demand shorter delivery times for goods from laptops to lawnmowers.
Amazon’s stock price has been on a tear over the last year, gaining 46%.
A Barclays equity research team led by Ross Sandler thinks that the party may just be getting started, initiating coverage of the stock with $1120 price target, or 29% upside.
In a flurry of notes released from their Internet & Media desk on March 29, Barclays picked Amazon as one of their favorites in the sector and made the case for the stock’s market cap to reach one trillion dollars.
Internet tech companies like Facebook, LinkedIn, Amazon, Yelp, and Twitter only exist because you, the user, patronize them. HowMuch.net has broken down what one person using the services of these companies is worth to that company.
According to a report by financial analysts at Cowen, Amazon is set to become America’s largest apparel retailer by 2017. The e-commerce giant is gearing up to usurp the title held by Macy’s, Cowen reports:
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