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Amazon CEO Andy Jassy picks marketplace exec to be his new 'shadow' advisor
CNBC· 2026-02-04 20:31
Andy Jassy, CEO of Amazon, speaks during an unveiling event in New York, Feb. 26, 2025.Amazon CEO Andy Jassy has tapped one of the company's top marketplace executives to be his new "shadow" advisor, the company announced Wednesday.In a blog post, Amazon said Dharmesh Mehta, vice president of worldwide selling partner services, will become Jassy's technical advisor in March.The role of technical advisor, often referred to internally as a "shadow," is one of the most sought after positions in the company. Th ...
Jupiter Mines Limited (JMXXF) Q2 2026 Earnings Call Prepared Remarks Transcript
Seeking Alpha· 2026-02-04 20:30
PresentationBrad RogersMD, CEO & Director Today, I would like to share key highlights from our December 2025 quarterly activities report and our recent announcement in relation to Exxaro Resources. On the 29th of January 2026, Exxaro announced that it has satisfied all conditions for the acquisition of various manganese mining investments in South Africa. This includes a 50.1% ownership in Tshipi and a 19.99% share in Jupiter Mines. Exxaro will acquire the 19.99% share in Jupiter from Ntsimbintle Holdings, ...
OpenAI models could help power Alexa as part of Amazon investment deal
CNBC· 2026-02-04 19:46
OpenAI's artificial intelligence models could help power Amazon's digital assistant Alexa and other internal projects at the e-commerce giant, CNBC confirmed on Wednesday. The collaboration between the two companies is being discussed in tandem with Amazon's ongoing talks to invest up to $50 billion in OpenAI, according to a source familiar with the matter who asked not to be named because the details are confidential. OpenAI could also use Amazon's AI chips and compute as part of the deal, the person said. ...
Amazon earnings preview: Wall Street looks for cloud growth after capex surge and job cuts
GeekWire· 2026-02-04 18:48
Core Viewpoint - Amazon's Q4 earnings report is set to conclude a tech earnings season focused on the effectiveness of the industry's significant investments in AI [1] Group 1 - The tech industry is currently experiencing a spending surge on artificial intelligence, raising questions about the long-term value of these investments [1]
Amazon Pushes AI Deeper Into Devices, Cloud Strategy and Content Production
PYMNTS.com· 2026-02-04 18:13
Group 1: AI Integration in Amazon's Business - Amazon is expanding the role of artificial intelligence across its business, including a new generation of Alexa and AI tools in its film and television studios [1][3] - The company has launched Alexa+, a redesigned version of its voice assistant that utilizes large language models for multi-step, conversational tasks, available for Prime members and through a paid subscription for others [3][5] - Alexa+ is designed to manage planning, search, smart-home coordination, and task execution with greater contextual awareness, marking a significant update since its introduction [4][5] Group 2: Collaboration with OpenAI - Amazon is in discussions with OpenAI for specialized access to its technology, focusing on customized use of OpenAI's models rather than standard API access [6][7] - These discussions highlight the increasing value of partnerships among large technology companies to differentiate in AI performance and integration [7] - Amazon is also evaluating potential investment opportunities in OpenAI as the latter considers a major new funding round [7] Group 3: AI in Film and Television Production - Amazon MGM Studios is developing internal AI tools to accelerate television and film production, focusing on automation for editing, continuity checks, and production workflows [8][9] - The initiative is being run by a small internal team, with early testing underway and broader deployment expected later this year, emphasizing support for creative teams rather than replacement [9]
Amazon expands access to digital assistant Alexa+
Proactiveinvestors NA· 2026-02-04 17:53
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates with a team of experienced and qualified news journalists, ensuring independent content production [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors, including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
Amazon earnings preview: the number AWS must beat for AMZN stock to rally
Invezz· 2026-02-04 15:58
If there's one thing Microsoft's recent earnings report made abundantly clear, it's that investors have zero tolerance for stalling cloud growth, given billions being funneled into AI infrastructure. ... ...
Amazon rolls out Alexa+ to all U.S. customers, making its AI assistant free for Prime members
GeekWire· 2026-02-04 14:58
Core Insights - Amazon is focusing on enhancing its Prime membership by integrating an AI assistant, which is primarily known for basic tasks like turning on lights and answering trivia questions, aiming to make it a valuable feature alongside benefits like free shipping [1] Group 1 - The AI assistant is expected to become a significant draw for Prime membership, similar to existing benefits [1] - Amazon's strategy indicates a shift towards leveraging AI technology to improve customer experience and engagement [1] - The initiative reflects Amazon's commitment to innovation and maintaining competitiveness in the subscription service market [1]
Exclusive: Amazon plans to use AI to speed up TV and film production
Reuters· 2026-02-04 14:57
Amazon plans to use artificial intelligence to speed up the process for making movies and TV shows even as Hollywood fears that AI will cut jobs and permanently reshape the industry. ...
Amazon And AT&T Team Up To Transform US Connectivity With Cloud And Fiber Network - Amazon.com (NASDAQ:AMZN)
Benzinga· 2026-02-04 14:36
Core Insights - Amazon.com, Inc. has announced a strategic collaboration with AT&T Inc. and Amazon Web Services (AWS) to modernize the connectivity infrastructure in the United States [1] - The partnership aims to create a more resilient connectivity solution by integrating AT&T's fiber network with AWS's cloud and AI capabilities [2] Group 1: Collaboration Details - The collaboration focuses on enhancing AT&T's infrastructure management and accelerating the modernization of its business support systems [2] - Amazon's low Earth orbit satellite network, Amazon Leo, will extend AT&T's reach by providing fixed broadband services in underserved areas [4] - The partnership will be showcased at the Mobile World Congress 2026, highlighting the use of AWS Outposts and AI solutions to streamline AT&T's operations [4] Group 2: Technical Aspects - AT&T will migrate workloads from on-premises technologies to AWS's hybrid cloud offering, AWS Outposts [5] - High-capacity fiber will connect AWS data center locations to enhance cloud services [5] - The collaboration will leverage AT&T's fiber networking expertise to benefit AWS [3]