Amazon’s $1 billion industrial innovation fund is to step up investments in companies that combine artificial intelligence and robotics, as the ecommerce giant seeks to drive efficiencies across its logistics network.
Franziska Bossart, head of the corporate venture capital arm that was set up in 2022, told the Financial Times that “generative AI holds a lot of promise for robotics and automation” and is an area “we are going to focus on this year.”
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2028:
Amazon Tactical partners with DoD to build “autonomous combat mechs”
Huh, I always though Musk would be Ted Faro not Bezos.
Why not both? It can always be both of them.
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Given what we learned about the Neuralink monkeys, I think there’s a major difference between Musk and Faro.
Musk’s drones would devour dolphins by design, not because they learned it on their own and became out of control.
Those dolphins have been freeloading for far too long. If they’re so smart, they better start PRODUCING to justify their place in this planet!
Ahem, Fuck Ted Faro.
Get free shipping on your Amazon Terminator delivery!
2031:
"Hackers steal Amazon Armed Delivery mech, and turn it to a sex bot.
What happens when your forklift starts to hallucinate?
WHAT COULD POSSIBLY GO WRONG
Let the ai robots loose on the floor to discover productivity by themselves. I bet they figure out that giving random chair massages, pats on the back and cake 🍰 distribution is the best way to improve ROI. Depending on company culture and regulation, hand jobs or spanking might also be involved to attract new employees.
Wen sex bot
This is the best summary I could come up with:
Amazon’s $1 billion industrial innovation fund is to step up investments in companies that combine artificial intelligence and robotics, as the ecommerce giant seeks to drive efficiencies across its logistics network.
Franziska Bossart, head of the corporate venture capital arm that was set up in 2022, told the Financial Times that “generative AI holds a lot of promise for robotics and automation” and is an area “we are going to focus on this year.”
The fund’s search for new investments in generative AI groups comes as Big Tech companies pour billions into developing the technology, which can produce humanlike text, images, and code in seconds.
The industrial innovation fund is seeking to invest in start-ups that can support the ecommerce group’s aims of becoming “more efficient, safer for our associates, and increase the speed of delivery to our customers.” Bossart said.
While Amazon’s push to use AI to increase automation may raise concerns among the company’s thousands of delivery and warehouse workers worldwide, the declaration that its investment arm will deploy more capital this year may cheer tech start-ups.
Amazon’s desire for greater automation and efficiency across its warehouses and supply chain is also part of a broader strategy to boost margins following a period of heavy investment in the logistics network during the pandemic.
The original article contains 610 words, the summary contains 215 words. Saved 65%. I’m a bot and I’m open source!
