🆕 Amazon Launches Next-Gen Alexa Powered by Generative AI

Amazon unveiled an enhanced version of Alexa called Alexa+, leveraging generative AI to improve user interactions. The new features focus on natural language understanding and contextual awareness. This launch marks a significant advancement in AI-driven home assistants, affecting users globally with an improved user experience.

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Nvidia has 'a lot of risk': Here are 2 alternative AI plays

As Nvidia (NVDA) makes headlines, Clockwise Capital chief investment officer James Cakmak joins Seana Smith and Brad Smith on Morning Brief to discuss his concerns with the artificial intelligence (AI) chipmaker’s stock and other options for the AI trade. “There is a lot of risk — you can’t sugarcoat it — but the good news is that expectations have come down significantly over the last two weeks or so,” Cakmak says about Nvidia’s current valuation, adding, “The setup, we think, is incrementally starting to skew a little bit positive but not positive enough where you want to bet the farm on it.” The strategist highlights Taiwan Semiconductor Manufacturer (TSM) and ASML (ASML), saying these names have been more appealing investment opportunities because “the demand is sufficiently there while you have a lower bar in terms of expectations.” To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan.

Alexa+ can read, summarize and recall lengthy documents

At Amazon’s annual Devices & Services event on Wednesday, the company introduced Alexa+, an enhanced version of its voice assistant, now powered by generative AI.  During the demonstration, Amazon showcased how users can share documents with Alexa+, allowing it to recall important details and answer questions about those documents. Mara Segal, director of Alexa, provided […]
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Meta to build $200B AI data center. Clayco CEO weighs in.

According to a report from The Information, Meta Platforms (META) is in talks to build a new $200 billion data center. Possible locations for this massive AI facility include Louisiana and Texas. Clayco CEO Anthony Johnson joins Catalysts to discuss the dynamics within the expanding data center infrastructure market. Johnson notes that in recent years, there has been “extreme growth” in cloud computing, which created a “strong foundation” for the data center market. With the emergence of artificial intelligence, he observes that this has “added another layer of exponential growth,” increasing the demand for computing power and data centers. Regarding DeepSeek AI coming out of China, Johnson doesn’t believe the emergence of this cost-effective AI model has negatively impacted the market. He explains, “I think in any business, as the technology evolves and as more competition is introduced, there’s innovation. And innovation is good.” Addressing Microsoft’s (MSFT) recent cancellation of all its data center leases, Johnson emphasizes that this doesn’t reflect the broader demand in the sector. “To the contrary, we continue to see very strong demand in the market from various users in the space,” he explains. Watch the full video above to hear how the efforts of Johnson’s own company, Clayco, are helping to boost demand in the space. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith

Alexa+ costs $19.99, free for Amazon Prime members

Amazon’s new and improved Alexa experience, Alexa+, starts at $19.99, or free for Amazon Prime subscribers. Amazon says that it will roll out in early access beginning next month, and then will come to a wider group of users in waves over the subsequent months. As part of the launch of Alexa+, Amazon is debuting […]
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Amazon Alexa+ costs $19.99, free for Prime members

Amazon’s new and improved Alexa experience, Alexa+, starts at $19.99, or free for Amazon Prime subscribers. It’ll roll out in early access beginning next month in the U.S., and then will come to a wider group of users in waves over the subsequent months, Amazon said. Echo Show 8, 10, 15, and 21 devices will […]
© 2024 TechCrunch. All rights reserved. For personal use only.