Amazon licenses AI shopping technology to retailers, signs Kate Spade parent Tapestry as early adopter

Amazon's AI tech licensing to retailers could reshape retail dynamics, enhancing customer experiences and operational efficiencies industry-wide. The post Amazon licenses AI shopping technology to retailers, signs Kate Spade parent Tapestry as early adopter appeared first on Crypto Briefing.

Apple has spent billions of dollars to develop satellite connectivity for iPhone; I very much doubt it did so solely to rescue stranded hikers. The company will most certainly have had a bigger prize in its sights when it first began working with GlobalStar (now owned by Amazon). The most logical reason to invest in satellite coverage for its devices is the most obvious — to provide network infrastructure for new breeds of device and new service models. You don’t acquire access to massive amounts of bandwidth for nothing. And Apple’s steady introduction of new satellite-supported services shows it is interested in introducing these services, even though the offer isn’t extensive enough yet to require iPhone users to pay for access, yet. The decision not to charge for those satellite services suggests they’re just the thin end of the company’s plans for satellite deployment. It’s possible the company’s ambitions were limited by GlobalStar’s ability to put satellite constellations in orb

Tech companies seem to be falling over each other these days in firing people to either replace them with AI or to pay to build AI infrastructure. Wouldn’t it be nice if they at least waited until AI actually worked for business? On the one hand, top tech businesses such as Amazon, Block, Cisco, Cloudflare, and Meta have all announced that they’re slashing payrolls — either because AI can do the same work as people or they need the cash to build out their AI infrastructure. Isn’t that great? All together, of the 37,638 tech job cuts so far this year, 47.9% — almost half —  can be tracked back to AI.  On the other hand, despite all the AI hype and hysteria, no one has yet proven that AI is, generally speaking, really all that helpful for businesses. Oh, I know, I know. You did great things with OpenClaw vibe programming. Microsoft’s CEO, Satya Nadella, claims 20% to 30% of the company’s code was written by AI. And Nvidia assures us that 88% of its surveyed customers report AI has increa

The EU's spectrum reservation strategy could bolster European satellite innovation, while challenging global players to adapt to new market dynamics. The post Starlink and Amazon eye EU mobile satellite spectrum as Brussels reserves two-thirds for homegrown firms appeared first on Crypto Briefing.

Insider Brief Logistics startup Stord has raised $250 million in a Series F round at a $3 billion valuation and launched a new physical AI and robotics lab in Atlanta to go up against Amazon’s e-commerce and fulfillment network. The round was led by existing investors and included Strike Capital, Kleiner Perkins, Founders Fund, Franklin […]

Decart, a vertically integrated AI research lab specialising in real-time video and world models, has raised $300 million in a round led by Radical Ventures. NVIDIA, Adobe Ventures, Toyota Ventures, and eBay Ventures joined as new investors alongside returning backers Sequoia Capital and Benchmark. Amazon is a strategic customer, and individual backers include OpenAI co-founder […]

Like other AI wearables, Amazon's Bee offers an odd combination of convenience and privacy anxiety.

Legendary investor Warren Buffett’s Berkshire Hathaway has disclosed billions of dollars in new stock positions while completely exiting several major holdings. New 13F filings show Berkshire Hathaway reported 29 holdings worth about $263.1 billion as of March 31, 2026, down from 42 holdings worth about $274.2 billion at the end of 2025. The filing shows […] The post Warren Buffett’s Berkshire Hathaway Pours $3,674,986 Into Two Assets, Exits Exposure To Visa, Mastercard and Amazon appeared first on The Daily Hodl.