Learn more

In a bid to enhance efficiency within its logistics network, Amazon.com Inc (NASDAQ:AMZN) is set to intensify its investments in companies bridging the realms of artificial intelligence (AI) and robotics. Franziska Bossart, Head of the corporate venture capital arm established in 2022, highlighted generative AI’s pivotal role in the future of robotics and automation. Bossart asserted that Amazon’s $1 billion industrial innovation fund’s investment pace would notably escalate throughout 2024, building on its inaugural investment in a generative AI company last year, details of which remain undi…

cuu