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Tag: Amazon (page 1 of 5)

Amazon to install AI-powered safety cameras in delivery vans plans to roll-out AI-powered video cameras across its branded delivery fleet to provide real-time alerts and improve the safety of drivers and communities in which they deliver. These AI-powered cameras, developed by transportation tech firm Netradyne, have shown to reduce collisions and improve driver behaviour. The cameras will constantly record video but only upload them during actions like hard braking, driver drowsiness, following vehicles too closely.

Jeff Bezos will step down as Amazon CEO

Amazon’s founder Jeff Bezos will step down as a CEO of the company and will move to an executive chair in the Q3 of this year. CEO of AWS Andy Jassy will be taking over as chief executive for the firm.  Bezos, in an email to employees, said that the transition will allow him to devote more time to “Day 1 Fund, the Bezos Earth Fund, Blue Origin, The Washington Post, and other passions.” Jassy had previously been speculated as a likely successor.

Elon Musk surpasses Jeff Bezos to become world’s richest person

Elon Musk is now the wealthiest person on the planet. Tesla’s 4.8% rise in share price on Thursday let Musk past Amazon’s founder Jeff Bezos, who has held the top position since Oct 2017. The South Africa-born engineer’s net worth was $188.5 bn at 10:15 a.m. in New York, $1.5 bn higher than Bezos. Musk’s net worth, over the past 12 months, rose by more than $150 bn, the fastest bout of wealth creation in history, possibly.

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Russian hackers hit 250 govt agencies, firms in USA: New Report

The suspected Russia-backed hackers have compromised as many as 250 federal agencies and top firms in the US, by hacking into ‘SolarWinds Orion’ monitoring and management software. The New York Times, in a report, said as businesses such as Amazon and Microsoft that provide cloud computing services are digging deeper for evidence. Microsoft, last week, said that its systems were infiltrated “beyond just the presence of malicious ‘SolarWinds’ code.”

Amazon acquires podcast network Wondery

Amazon has acquired the network behind famous podcasts “Dirty John” and “Dr. Death” — Wondery. The podcast network will become part of Amazon Music, which recently added support for podcasts. The announcement said that “nothing will change for listeners” and Wondery’s podcasts will continue to be available from “a variety of providers.” Wondery has raised a total of $15 mn in funding from Advancit Capital, BDMI, Greycroft, Lerer Hippeau, etc.

Amazon eyes launching its computer science education program in India

Amazon is bringing computer science program Future Engineer to India by 2021. In a job post, Amazon said that search for Amazon Future Engineer in India is “currently underway” and selected candidate need to work with local NGOs and govt officials to bring computer science education to underserved and underrepresented. Amazon, in the United States, serves over 5,000 schools and 550,000 students with computer science coursework.

AWS introduces Chaos Engineering as a Service for enterprises 

Amazon CTO Werner Vogels introduced the company’s Chaos Engineering as a Service called AWS Fault Injection Simulator. The aim is to help bring such capability to all firms by simplifying the process of running chaos experiments in the cloud. The service can help to understand how apps respond to issues by injecting failures into them, usually running these experiments against production systems. It is a fully managed service on apps running on AWS hardware.

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Amazon to deploy AI-powered distance assistant at India sites

Amazon India to deploy the Distance Assistant solution across its operational sites in the country to reminds the people to maintain social distancing in real-time. The standalone unit, already deployed in the US, uses ML models to differentiate people from their surroundings. Combined with depth sensors, the algorithm creates an accurate distance measurement between people giving them proximity indicators on the monitor.

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Amazon laying foundation for own quantum computer

Amazon is deepening efforts to harness quantum computer technology and has been hiring for a Quantum Hardware Team within its AWS Center for Quantum Computing, said media reports. Amazon’s recent hires are research scientists focusing on designing a new superconducting quantum device as well as device fabrication. Developing its own quantum computer would let Amazon more closely follow the approach taken by its rivals.

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