Global Scans · Amazon · Weekly Summary

• Newly launched Rufus represents a significant customer experience improvement for discovery and that, including its AWS cloud services, generative AI will ultimately drive tens of billions of dollars of revenue for Amazon over the next several years. Retail Dive
• Amazon Web Services will show how generative AI is already being used in industry today and what developments can be expected in the future. Automation.com
• TOKYO-January 19, 2024 - Today, Amazon Web Services announced its plans to invest 2.26 trillion yen into its existing cloud infrastructure in Tokyo and Osaka by 2027 to meet growing customer demand for cloud services in Japan. Press Center
• Amazon's Q4 and Q1 ad revenue growth will give a clue into how retail ad spend growth may unfold. IO Fund
• In 2024, global platforms like Xero, Apple, Amazon, Google, and Microsoft will focus on enhancing the interconnectedness of financial services, creating a super ecosystem for smoother financial management. Investing.com South Africa
• Companies like Starlink and Amazon Kuiper are expected to lead the satellite broadband marketplace with their new low-cost, flat-panel terminals. ISP Today
• The prevalence of streaming services like Netflix and Amazon's Prime Video has opened up fresh avenues for marketers to reach consumers who are progressively moving away from traditional TV sources, presenting new opportunities for advertising. Hollywood Life
• The bigger AI opportunity for Amazon, though, is with its cloud services platform, Amazon Web Services. Yahoo Finance
• SpaceX's Starlink broadband communications LEO satellites are probably the most famous, but Amazon has begun launching its competing Project Kuiper satellites and expects to begin service in 2024. IEEE Spectrum
• Amazon Web Services said on Friday it plans to invest 2.26 trillion yen ($15.24 billion) in Japan by 2027 to expand cloud computing infrastructure that serves as a backbone for artificial technology (AI) services. Cyprus Mail
• While much of Colombia is suffering a period of drought, the Institute of Hydrology, Meteorology and Environmental Studies has warned of the risk of heavy rains in the Amazon and in several departments bordering the Pacific. Al Jazeera
• Amazon's cloud computing capabilities could be integrated with Salesforce's CRM software to create a more comprehensive and powerful suite of business applications. Forbes
• Advertisers will see maximum impact either way, even as they deal with the changing contours of media plans in light of Amazon and other retail networks challenging the Google-Meta duopoly in Indian digital advertising. Economic Times
• The uncertain economic outlook raises the prospect that companies are continuing to find new ways to save money including paring back IT costs which could be problematic for Amazon's cloud computing division. Yahoo Finance
• Amazon saw its stock surge 81% in 2023 and is betting that generative AI will produce tens of billions in revenue for Amazon Web Services in the next few years. Yahoo Finance
• In a bid to cut costs, big tech companies including Google and Amazon plans to cut more jobs in the coming days. TimelineDaily
• As the first major car manufacturer to collaborate with an e-commerce giant like Amazon, Hyundai sets a new precedent for customer-centric, technology-driven vehicle sales that might encourage other brands to follow suit. The Tech Edvocate
• Over the years, Amazon has been diversifying into industries like healthcare and video streaming in an effort to expand its growth opportunities. Yahoo Finance
• Amazon, we note, plans to start serving ads via Prime Video from the end of January unless customers pay an extra $3 a month for a new ad-free tier. The Register
• Upgrades to Amazon Bedrock could make it easier for developers who are not AI experts to create generative AI applications. TechRepublic
• Amazon Q, Amazon's new AI model built to help businesses leverage their proprietary data for AI securely, could have ground-breaking effects as usage grows in 2024. TechRepublic
• (10) More streaming platforms are expected to introduce AVOD platforms, with Amazon Prime Video already announcing plans to launch an AVOD service in 2024. Solomon Partners
• While Amazon and Rivian have dissolved their agreement that gave Amazon exclusive order rights for Rivian's electric delivery vans, Amazon plans to have 100,000 electric delivery trucks on the road by 2030. Aftermarket Matters

Last updated: 11 February 2024