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Amazon's Alexa division is cutting costs across the board, having laid off thousands of employees and reshuffled projects over the past 18 months. Vega is a "new portable operating system for consumer electronics developed by Amazon," the document explained. Tech newsletter Lowpass previously reported on some parts of the new Vega OS. Feature parity gapThe feature parity gap between Amazon's own Alexa devices and third-party voice-assistants using Alexa has long been a problem, both internally and externally, according to the people familiar. Not off Android entirelyWith the new Vega OS, Amazon is reducing its reliance on the Android-based Fire OS.
Persons: Panos Panay, Andy Jassy, Jeff Bezos, Vega, Dave Limp, Alexa, It's Organizations: Alexa, Business, Software, BI, Amazon, Amazon's, Tech, Google, Blue, Washington Post, Vega
The generative AI future will not be free
  + stars: | 2024-01-19 | by ( Alistair Barr | ) www.businessinsider.com   time to read: +6 min
Our paid AI futureToday, we're at the start of a similarly exciting new technology wave with generative AI. Even Google, the master of free online services, is considering paid subscriptions for some of its new AI offerings. So, why will generative AI offerings be paid from the start? One possible answer is that ads may not work as well in this new generative AI future. Charging for new generative AI services is one way to create new earnings.
Persons: , Chris Anderson, Stephen Colbert, Colbert, Alexa, Insider's Eugene Kim, Sundar Pichai, Bard chatbot, Oren Etzioni, Dave Limp, Etzioni, Goldman Sachs, Goldman Organizations: Service, Business, Facebook, YouTube, Google, Engadget, Alexa, Big Tech, Apple, Microsoft, Meta Locations: Silicon, we're
The team is working towards a June 30 launch deadline, and has been testing the underlying voice technology, dubbed "Remarkable Alexa," with 15,000 external customers, these people said. Internally, however, Amazon isn't satisfied with the performance of the new Remarkable Alexa yet. But the new Remarkable Alexa follows a more centralized structure, where language understanding and response generation use a single language model. The Classic Alexa team, for example, wants to protect their work by insisting on using what they built for the old Alexa, one of the people said. In addition to the subscription-based Alexa, Amazon is also working on a new Alexa product that can be used within a web browser, people familiar with the project told BI.
Persons: Alexa, Dave Limp, Rohit Prasad Organizations: Business, Alexa, Google, Apple, Intelligence, Amazon, Alexa Plus, Reuters
Amazon's Alexa business is laying off "several hundred" employees, including those on its recently launched artificial general intelligence team, Business Insider has learned. Rohit Prasad, SVP of the Artificial General Intelligence team, followed up with a separate email, saying his team, which launched in July, would be impacted as well. "While this was a hard decision to make, we remain very optimistic about the future of Alexa," an Amazon spokesperson told BI. The move continues to impact Amazon's Alexa unit, which has suffered from slow growth and low morale in recent years. The move continues to impact Amazon's Alexa unit, which has suffered from slow growth and low morale in recent years.
Persons: Amazon's, Daniel Rausch, it's, Rausch, Rohit Prasad, Prasad, Geekwire, Dave Limp, Alexa, Panos Paney, OpenAI's ChatGPT, Andy Jassy, Eugene Kim Organizations: Alexa, Business, Fire, BI, Artificial General Intelligence, Amazon, Microsoft
Amazon on Friday began laying off "several hundred" people in its Alexa division as part of broader belt-tightening across the company that's been underway since last year, the company confirmed. Amazon didn't specify which Alexa initiatives it's winding down as a result of the move. Amazon previously cut employees in its devices and services division, which includes Alexa. Alexa and digital assistants like it were once ground-breaking technology, but they face increasing competition from generative AI and chatbots like OpenAI's ChatGPT. In September, Amazon teased updates to Alexa that are tied to generative AI, such as composing messages on behalf of users.
Persons: Daniel Rausch, Rausch, Andy Jassy, Jeff Bezos, Amazon, Dave Limp, Limp, Panos Panay Organizations: Alexa, Fire TV, Amazon, Echo Locations: U.S, Canada, India
Eilola's departure follows plans announced last month by Bezos to replace Smith, who has been Blue Origin's CEO since 2017, with longtime Amazon executive Dave Limp by the end of the year. Blue Origin did not respond to a request for comment. Bezos founded Blue Origin in 2000 with the vision of having millions of people living and working in space. In the past several months, Blue Origin's corporate structure has changed substantially as its leadership gets a revamp. Blue Origin this year also spun its moon lander program into a new independent business unit.
Persons: Jeff Bezos's, Ivan Pierre Aguirre, Origin's, Jeff Bezos, Bob Smith, Mike Eilola, Bezos, Smith, Dave Limp, Brent Sherwood, Shepard, Limp, Joey Roulette, Will Dunham Organizations: Shepard, REUTERS, Rights, Reuters, Elon, SpaceX, Blue, Amazon, Honeywell Aerospace, Glenn, NASA, Space Systems, Thomson Locations: Van Horn , Texas, U.S, United States
A Blue Origin spokesperson said Sierra will remain a partner on Orbital Reef but declined to say in what capacity. Last week, Bezos told Blue Origin employees that longtime Amazon executive Dave Limp would replace Blue Origin's current CEO by year's end. In 2021, Blue Origin announced its partnership to build what it envisions as a "business park in space" with Sierra Space, a spinoff from defense contractor Sierra Nevada Corp. Blue Origin secured $3.4 billion from NASA this year for that lander as part of the agency's Artemis program. Blue Origin said at the time it planned to privately invest "well north" of that amount.
Persons: Shepard, Jeff Bezos's, Ivan Pierre Aguirre, Jeff Bezos, Sierra, Brent Sherwood, Sherwood, Bezos, Dave Limp, Glenn, Joey Roulette, Ben Klayman, David Gregorio, Rosalba O'Brien Organizations: REUTERS, Rights, Sierra Space, NASA, Space, CNBC, Blue Origin, Amazon, year's, Sierra Nevada Corp, Origin, Industry, Sierra, Reuters, Thomson Locations: Van Horn , Texas, U.S
Panos Panay demonstrates the Microsoft Surface Studio computer at a live event in the Manhattan borough of New York City, U.S.,October 26, 2016. REUTERS/Lucas Jackson/File Photo Acquire Licensing RightsSept 27 (Reuters) - Former Microsoft (MSFT.O) product chief Panos Panay will lead Amazon.com's (AMZN.O) struggling unit responsible for the firm's Alexa and Echo products. Though relatively small within Amazon's sprawling empire, the device unit has been symbolically important as a gadget testing ground and Alexa's public face through voice-assistant devices. Amazon has said its devices and services business is not profitable, without providing figures. Panay, who more recently oversaw the launch of the Windows 11 operating system, has experience in both hardware and integrated services.
Persons: Panos Panay, Lucas Jackson, Amazon, Dave Limp, Chavi Mehta, Sriraj Organizations: Microsoft, REUTERS, Echo, Amazon, Reuters, Thomson Locations: Manhattan, New York City, U.S, Panay, Bengaluru
Panos Panay, chief product officer of Microsoft Corp., displays the new Surface Laptop 3 computer during a Microsoft product event in New York, U.S., on Wednesday, Oct. 2, 2019. Former Microsoft product chief Panos Panay will join Amazon later this year to oversee its devices and services unit, the company said Wednesday. Panay will replace longtime Amazon devices head Dave Limp, who announced last month he'd step down from his role in the coming months after more than 13 years at the company. Panay will start at Amazon at the end of October, and Limp will stay on to assist with the transition. Panay is joining Amazon at a precarious moment for its devices and services division.
Persons: Panos Panay, Dave Limp, Limp, Andy Jassy, Jassy's, Panos, Jassy, — CNBC's Jordan Novet Organizations: Microsoft Corp, Microsoft, Amazon, Morale, Reuters Locations: New York, U.S, Panay
CNBC Daily Open: Does the BOJ have a communication issue?
  + stars: | 2023-09-26 | by ( Clement Tan | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Smith is retiring effective Dec. 4 and will remain with the company until Jan. 2 for the CEO transition. Coy launchHuawei kept mum on any details about its new phone or reported advanced chip breakthrough at a high-profile launch event Monday. Instead, the company teased two new electric cars — its first sedan and a high-end SUV — and launched new wireless earbuds, among other products.
Persons: Blue, Bob Smith, Dave Limp, Smith, OpenAI's, Trip.com, Goldman Sachs, David Kostin Organizations: CNBC, Treasury, Nasdaq, Dow Jones, Amazon, Blue Origin, Microsoft, Google, Coy, Huawei Locations: China, Singapore, Australia, Thailand
Javier Ghersi | Moment | Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Korea's Kospi slumped 1.2% to multi-month lows, while the Hang Seng Index slipped 0.9% to lows last seen in August. [PRO] Luxury playsBank of America upgraded three luxury stocks that are bucking the negative trends afflicting the broader sector in Europe. Is his professorial tendency to think aloud and entertain various scenarios getting in the way of clearer market communication?
Persons: Javier Ghersi, Korea's Kospi, Bob Smith, Dave Limp, Smith, Kazuo Ueda, Ueda, Stanley Fischer, bank's Organizations: CNBC, Treasury, Amazon, Blue Origin, European, Coy, Huawei, Luxury, Bank of America, Bank, Japan, Yomiuri Shimbun, Massachusetts Institute of Technology, Reading Locations: Japan, Asia, Europe, Osaka
REUTERS/Joe Skipper/File photo Acquire Licensing RightsSept 25 (Reuters) - The chief executive officer of Jeff Bezos's space company Blue Origin, Bob Smith, will step down at the end of the year to be replaced by former Amazon executive Dave Limp, who ran products such as Kindle, according to emails seen by Reuters. Limp, a former senior vice president at Amazon who led the company's consumer devices unit, will become Blue Origin's CEO on Dec. 4, an email from Bezos, Blue Origin's founder, said. "Jeff and I have been discussing my plan for months," Smith told employees in an email sent Monday. He added he would remain with the company until Jan. 2 "to ensure a smooth transition with the new CEO." Limp, a more than 13-year veteran of Amazon, had overseen some of Amazon's well-known consumer devices, such as Echo products.
Persons: Jeff Bezos, Blue, Bob Smith, Bezos, Joe Skipper, Jeff Bezos's, Dave Limp, Jeff, Smith, Limp, Elon, New Glenn, Joey Roulette, Pooja Desai, Sonali Paul Organizations: Billionaire, Blue Origin's, REUTERS, Amazon, Reuters, Blue, SpaceX's, NASA, Honeywell Aerospace, SpaceX, Boeing, Lockheed, United Launch Alliance, Thomson Locations: Van Horn , Texas, U.S, New
Outgoing Amazon exec Dave Limp thinks Amazon will "absolutely" start charging to use Alexa. He pointed to the huge costs of running AI models as the reason why. He added that the current version of Alexa will remain free, and that a paid version would need to demonstrate more advanced capabilities and usefulness. Generative AI models require huge amounts of computing power, with analysts estimating that OpenAI's ChatGPT costs $700,000 a day or more to run . Amazon has bet big on AI, with the company unveiling a new, AI-powered version of Alexa alongside updated versions of its Echo Frames and Carrerra smart glasses last week.
Persons: Dave Limp, Alexa, Limp, OpenAI, Amazon's, Insider's Ashley Stewart, Panos Organizations: Amazon, Service, Bloomberg, Alexa, Microsoft Locations: Wall, Silicon
Limp joins Blue Origin at a key phase of the company's multiple space projects. Earlier this year Blue Origin won a $3.4 billion NASA contract to build a lunar lander for the agency's astronauts. However, Blue Origin has since hired aggressively. Read Bezos' message to Blue Origin employees on Monday:I'm excited to share that Dave Limp will join Blue starting December 4th as CEO, replacing Bob, who has elected to step aside on January 2. JeffRead Smith's message to Blue Origin employees:Team Blue, It's been about six years since I joined Blue Origin.
Persons: Limp, Shepard, Smith, Panos Panay, Bezos, Alexa, Limp's, Andy Jassy, Jeff Bezos, Blue, Bob Smith, Origin's, Glenn, , Read, Dave Limp, Bob, I'd, we've, We've, I've, Dave, Jeff Read, It's, Jeff, I'm, Ferociter, Dave Limp's Organizations: Amazon, Alexa, CNBC, NASA, Blue Origin, Bloomberg, Microsoft, Billionaire, Blue Origin's, Origin, Honeywell, Shepard, Pentagon, U.S . Space Force, Elon, SpaceX, Blue, Amazon Devices, Services, Apple Locations: Van Horn , Texas, U.S, Alabama, Florida, California , Arizona, Colorado, Kent
CNN —Jeff Bezos’ space tourism and rocket company is replacing its chief executive officer with a longtime Amazon executive. The current Blue Origin CEO, Bob Smith — a former Honeywell executive who took over the role in 2017 — will step down and make way for Dave Limp, the senior vice president of devices and services at Amazon, a spokesperson for Blue Origin said in a statement Monday. In the statement, Blue Origin said that Limp is “a proven innovator with a customer-first mindset. Blue Origin has several other high-profile projects in the works. Blue Origin struggled to deliver the BE-4 engines, encountering months of delays.
Persons: Jeff Bezos, Bob Smith —, Dave Limp, Limp, Smith, ” Limp’s, Shepard, New Shepard, Glenn, Lockheed Martin, ULA, Artemis — Organizations: CNN, Amazon, Honeywell, Blue Origin, SpaceX, Vulcan, United Launch Alliance, Lockheed, Boeing, Blue, NASA, Origin
CNN —Amazon’s Alexa is about to bring generative AI inside the house, as the company introduces sweeping changes to how its ubiquitous voice assistant both sounds and functions. The company announced a generative AI update for Alexa and, subsequently, of all Echo products dating back to 2014, at a press event Wednesday at its new campus in Arlington, Virginia. Generative AI refers to a type of artificial intelligence that can create new content, such as text and images, in response to user prompts. ‘Alexa, let’s chat’When Limp said “Alexa, let’s chat,” it launched a special mode that allowed for a back-and-forth exchange on various topics. Rowan Curran, an analyst at Forrester Research, said the news marks a major step forward in bringing generative AI to the home and allowing it to accomplish everyday tasks.
Persons: Alexa, Dave Limp, Limp, Rowan Curran, Apple’s Siri, Microsoft’s Cortana, ChatGPT, “ We’re, Organizations: CNN, Alexa, Amazon, BMW, Forrester Research, Big Tech Locations: Arlington , Virginia
Amazon introduced a "smarter and more conversational" version of its Alexa voice assistant that the company hopes will bolster its position in the tech industry's artificial intelligence race. In his final keynote address at the event on Wednesday, Amazon's devices chief Dave Limp showed off a demo of an updated Alexa that's freshly equipped with features powered by generative AI. From an event space at its new second headquarters in northern Virginia, Amazon showed a montage in which Alexa users were seen asking an Echo smart speaker for information such as the "best dates to travel to Puerto Rico." Similar to ChatGPT or other generative AI applications, Alexa will be able to compose messages for users and send them on their behalf. As an example, Amazon showed an invitation that Alexa wrote to a friend, asking the person to come over for a football game.
Persons: Dave Limp, Limp, Alexa Organizations: Amazon.com Inc, Amazon Devices, Amazon, Alexa, Echo Locations: Arlington , Virginia, Virginia, Puerto Rico
It will also be able to compose and recite poems, Amazon showed at the company's annual product launch in Arlington, Virginia. At the event, Amazon also introduced refreshed versions of children's Fire tablets, a soundbar for televisions and new search capabilities on the FireTV service to find free content. Among the new devices Amazon announced is the $180 Echo Hub wall-mounted touchscreen for controlling gadgets throughout the home. Amazon also showed off a new feature for its Alexa app that can map out internet-connected devices throughout a user's home for easier control. Additional announcements included updates to the Echo Frames eyeglasses, with Alexa embedded, and refreshed versions of its Blink outdoor security cameras and Eero Wi-Fi extenders.
Persons: Bard, Alexa, longform, Dave Limp, Limp, Eero, Greg Bensinger, Richard Chang Organizations: Amazon.com Inc, Wednesday, Amazon, Reuters, Alexa, Thomson Locations: Arlington , Virginia, Seattle
Microsoft Chief Product Officer Panos Panay is leaving for Amazon after the company made budget and staff cuts, canceled products in his division, and amid discussions about a reorganization in his unit, insiders say. Microsoft, Panay, and Amazon did not comment. During nearly 20 years at Microsoft, Panay was notably in charge of the team that developed the Surface hardware business. Windows licensing and the unit's hardware underperformed relative to the company's financial projections, insiders say, and Microsoft responded by dramatically scaling back Panay's division. At Microsoft, insiders say Panay was known as a demanding leader and expected "white glove service" on everything, meaning a premium experience with extra care and attention to detail.
Persons: Panos Panay, Dave Limp, Alexa, Kristy Schmidt, Charlie Bell, Rajesh Jha, Satya Nadella, Microsoft's Organizations: Microsoft, Amazon, Bloomberg, Reuters Locations: Panay, New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPrime Day showed us customers are looking for deals, says Amazon's Dave LimpDave Limp, Amazon SVP of Devices & Services, joins 'Closing Bell Overtime' to talk the state of the consumer, Amazon's next generation of products, his upcoming departure from Amazon and more.
Persons: Dave Limp Dave Limp Organizations: Amazon SVP, Devices & Services Locations: Amazon
The pros, including Jim Cramer , discussed the e-commerce giant after it announced plans Tuesday to add 250,000 employees ahead of the holiday shopping season. Amazon typically brings in temporary workers during the busiest shopping time of the year to keep up with the surge in demand. Last year, the company hired 150,000 holiday workers. Additionally, Amazon's hardware chief Dave Limp announced last month that he is stepping down at the end of this year. Amazon closed down 1.7% Tuesday and is currently held in Cramer's Charitable Trust portfolio.
Persons: Jim Cramer, Dave Limp Organizations: Trust
Amazon hopes consumers will install Alexa-enabled devices in more rooms of their homes and become accustomed to using the system throughout the day, the sources said. Amazon has said its devices and services business is not profitable, without providing figures. Amazon is set to name as successor Microsoft's Panos Panay who oversaw development of the Surface, according to Bloomberg. Alexa employees were included in rounds of layoffs beginning last year resulting in 27,000 job cuts across Amazon. For years, Amazon has said it can sell devices for close to production cost and see a profit through services offered on them.
Persons: Jeff Bezos, Dave Limp, Alexa, Kinley Pearsall, Amazon, hasn’t, , , Avi Greengart, Limp, Microsoft's Panos Panay, Gregg Zehr, Tom Taylor, Ken Washington, Andy Jassy, Siri, That’s, Bruno Borges, I‘m, Greg Bensinger, Ken Li, Claudia Parsons Organizations: FRANCISCO, Reuters, Alexa, Amazon, Devices, Google, Microsoft, Echo, , Bloomberg, Astro, Medtronic, Intelligence, Amazon.com, Lightform, Thomson Locations: Amazon’s, Lab126, Alphabet’s, Vancouver, Canada
Limp regularly appeared at Amazon hardware events, which are typically held each fall but sometimes occur more than once a year, to announce new products. Amazon said Limp would remain in his role for the next few months and the company will announce his successor in the coming weeks. Amazon is set to unveil new products at its annual event Sept. 20, hosted at the company's Northern Virginia headquarters, known as HQ2. "It pains me to have to deliver this news as we know we will lose talented Amazonians from the Devices & Services org as a result." In January, Limp said Amazon remains "fully committed" to the Alexa unit despite the job cuts in the division.
Persons: David Limp, Amazon's, Limp, Andy Jassy, Jassy, , Annie Palmer Organizations: Amazon.com Inc, Amazon, CNBC, Wall Street, Devices, Services Locations: Seattle, Virginia
Amazon CEO Andy Jassy recently expanded his group of direct reports. Jassy has added at least 8 new executives to his direct reports since becoming CEO in 2021. Amazon recently created a new AI group that reports to CEO Andy Jassy. In his 2 years since becoming CEO, Jassy has added or replaced at least 8 executives in his top leadership team. (Jassy's direct reports are different from the S-team, a group of more than two dozen most senior decision-makers at Amazon).
Persons: Andy Jassy, Rohit Prasad, Prasad, Doug Herrington, Adam Selipsky, Brian Olsavsky, Jassy, There's, Dave Clark, Jay Carney, Jeff Blackburn, James Hamilton, Mike Hopkins, Eric Remling, Beth, Dave Limp, David Zapolsky, Drew Herdener, WW Communications Eric Rimling, Paul Kotas, Peter Krawiec, Alexa Stacey Pistole, Steve Boom, Steve Schmidt, Eugene Kim Organizations: Amazon, Alexa, Business, Amazon Studios, Amazon Devices, WW Amazon, WW Communications, Amazon Video, Corporate Locations: It's
Amazon CEO Andy Jassy promoted Rohit Prasad, SVP and head scientist for Alexa, to his direct report. Prasad is now running a newly created AI team at Amazon. Jassy told Amazon's S-team, a group of over two dozen top executives, that he promoted Rohit Prasad, SVP and head scientist for Alexa, as his direct report. In this role, Prasad will lead a newly created group working on the company's "most ambitious" large language models, according to an internal email obtained by Insider. As part of its AI effort, Amazon recently created a new team under AWS focused on helping customers use generative AI, as Insider previously reported.
Persons: Andy Jassy, Rohit Prasad, Prasad, Jassy, Amazon's, Rohit, we've, didn't, Meta's, Dave Limp's, Limp, Daniel Rausch, Eugene Kim Organizations: Amazon, Google, Microsoft, AWS, Alexa
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