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Amazon Introduces First Robot With Sense of Touch
PYMNTS.com· 2025-05-07 13:54
Core Insights - Amazon has introduced Vulcan, a fulfillment center robot equipped with a sense of touch, marking a significant advancement in robotics technology [1][2] - Vulcan's ability to sense contact and apply appropriate force allows it to manipulate objects with human-like finesse, enhancing operational efficiency in fulfillment centers [2][3] - The development of Vulcan aligns with Amazon's strategy to leverage robotics and AI to improve operational savings and capabilities [3] Group 1 - Vulcan is designed to overcome limitations of traditional industrial robots, which often lack the ability to sense contact and can either stop or cause damage upon unexpected contact [1] - The robot's advanced features include force feedback sensors and specialized end-of-arm tooling, enabling it to handle items delicately and avoid damage [3] - Amazon's fulfillment centers are structured to accommodate up to 10 items in compartments, and Vulcan's dexterity allows it to efficiently stow items in these spaces [2] Group 2 - The introduction of Vulcan represents a fundamental leap in robotics, allowing Amazon to enhance its operational capabilities beyond previous limitations [2] - The announcement of Vulcan follows Amazon's ongoing investment in robotics and AI, indicating a strategic focus on technological advancements to drive efficiency [3]
Big Screen Entertainment Group Expands Global Distribution on Amazon
Globenewswire· 2025-05-07 13:38
Core Insights - Big Screen Entertainment Group (BSEG) is expanding its global distribution through a partnership with Amazon, making its content available in multiple countries and subtitled in 15 languages [1][2][4] - This strategic move aims to enhance the company's mission of delivering diverse and premium content to a wider audience, breaking down language barriers and creating new market opportunities [2][4] - The expansion is expected to increase viewership and monetization through various revenue streams, including ad revenue, rentals, and licensing [4][7] Company Overview - BSEG is a 20-year-old production and distribution company with a strong library of films and TV content, focusing on global reach and innovative funding models [5] - The company emphasizes creativity, profitability, and strategic growth in its operations [5] Market Positioning - The expansion into key emerging markets positions BSEG for future growth and increased global market share [7]
AMZN, AAPL and NFLX Forecast – Major US Stocks Waiting for FOMC
FX Empire· 2025-05-07 12:42
Italiano Español FX Empire Logo English check-icon Português Deutsch العربية Français Important DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial ...
Amazon Looks Very Undervalued And Now A Deep Value Play
Seeking Alpha· 2025-05-07 12:30
I am focused on growth and dividend income. My personal strategy revolves around setting myself up for an easy retirement by creating a portfolio which focuses on compounding dividend income and growth. Dividends are an intricate part of my strategy as I have structured my portfolio to have monthly dividend income which grows through dividend reinvestment and yearly increases. Feel free to reach out to me on Seeking Alpha The Q1 2025 earnings season is starting to wind down as every company in the Magnifice ...
Amazon is working on an AI code generation tool
TechCrunch· 2025-05-07 10:01
Core Insights - Amazon Web Services is developing a new AI-powered code generation tool named "Kiro" which can generate code in near real-time using prompts and existing data [1] - Kiro is designed to create technical design documents, identify potential issues, and optimize code, enhancing its functionality beyond existing tools like Q Developer [2] - The AI-powered coding tools market is experiencing significant activity, with companies like Anysphere achieving a $9 billion valuation and Windsurf nearing a $3 billion acquisition by OpenAI [3] Company Developments - Kiro will feature web and desktop applications, multimodal capabilities, and compatibility with third-party AI agents, indicating a versatile approach to code generation [1] - The launch timeline for Kiro was initially considered for the end of June, but there may have been changes to this schedule [2] Industry Trends - The demand for AI-powered coding tools is increasing, as evidenced by substantial funding and acquisition activities within the sector [3]
Did Amazon Founder Jeff Bezos Just Fire Off a Warning Shot to Wall Street?
The Motley Fool· 2025-05-07 08:00
The move also comes after Berkshire Hathaway CEO Warren Buffett stockpiled cash and JPMorgan Chase's CEO Jamie Dimon sold hundreds of millions of dollars worth of JPMorgan's stock in February, leading some to believe that both CEOs were trying to speak to the market. Did Bezos just fire off a similar warning shot to Wall Street? Since founding the company and taking it public, Bezos has sold a lot of stock, about $30 billion worth, a significant amount of which he has used to fund other businesses like his ...
Amazon says new warehouse robot can ‘feel' items, but won't replace workers
CNBC· 2025-05-07 07:05
Core Insights - Amazon has introduced a new warehouse robot named Vulcan, which features a sense of touch, enabling it to perform tasks previously done by humans [3][10] - Vulcan can manipulate 75% of the 1 million unique items in Amazon's Spokane warehouse and operates at a speed comparable to human workers [1][5] - The introduction of Vulcan is aimed at creating higher-skilled jobs rather than replacing human workers, with a focus on reducing injury rates in warehouses [4][6] Technology and Functionality - Vulcan utilizes an AI-powered sensor to determine the precise pressure and torque needed for handling various items [2] - The robot is designed to operate 20 hours a day and can handle items weighing up to 8 pounds [1][5] - It operates in a segregated area to minimize the risk of accidents with human workers [5] Workforce Impact - Amazon has invested $1.2 billion in upskilling 350,000 workers since 2019, with some workers seeing pay increases of about 40% after participating in training programs [6][7] - The company emphasizes that Vulcan will not lead to full automation of warehouses, as human workers will continue to play a crucial role [4][6] Business Opportunities - The development of Vulcan has expanded the team from a few individuals to over 250 employees in three years, indicating significant growth potential [8] - Vulcan's ability to reduce errors in order fulfillment could lead to substantial cost savings for Amazon, particularly in minimizing product returns [9] Future Plans - Currently, Vulcan is fully operational only in Spokane, with plans to expand its deployment to more U.S. and German facilities by 2026 [10]
Amazon-owned Zoox issues recall following robotaxi crash
TechCrunch· 2025-05-06 19:06
Zoox, the autonomous vehicle company owned by Amazon, paused its driverless testing program for more than a week and issued a voluntary recall of its software following a crash in Las Vegas, according to the company and a filing with federal safety regulators. The April 8 crash, which involved an unoccupied Zoox vehicle and a passenger car, prompted the company to issue a recall for about 270 vehicles equipped with a specific version of its automated driving system. The recall number doesn’t reflect the ful ...
Amazon Is Way Too Cheap, Even With Struggles Ahead
Seeking Alpha· 2025-05-06 18:43
Amazon (NASDAQ: AMZN ) is one of my favorite investments and I consider the company one of the best businesses ever created. It has faced some bearish sentiment since the beginning of February 2025 with its stock price losing ~20% since its ATH.Welcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I’ve built a rock-solid pillar in my financial foundation through dividend investing. I believe it’ ...
Amazon's Zoox robotaxi unit issues software recall after recent Las Vegas crash
CNBC· 2025-05-06 17:27
Amazon's Zoox issued a software recall for 270 of its robotaxis after a crash in Las Vegas last month, the company said Tuesday.The recall surrounds a defect with the vehicle's automated driving system that could cause it to inaccurately predict the movement of another car, increasing "the risk of a crash," according to a report submitted to the National Highway Traffic Safety Administration. Zoox submitted the recall after an April 8 incident in Las Vegas where an unoccupied Zoox robotaxi collided with a p ...