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...Separate from its innovation fund, Amazon has committed up to $4bn to generative AI start-up Anthropic....
...Tech giant Amazon has struck a deal with the UK’s largest publisher Reach over obtaining customer data to target online advertising, as the media industry scrambles to respond to Google’s move to axe “cookies...
...Shares in Amazon, which have risen by about 17 per cent this year, rose 1.2 per cent in after-hours trading....
...its own Amazon-branded competing goods shortly afterwards....
...At Amazon, however, the resurgence of free cash flow is still fresh. Dividend payments may not be on the cards for 2024. elaine.moore@ft.com...
...elaine.moore@ft.com This article has been updated to include the addition of Just Walk Out Technology in third-party stores...
...The real story about Amazon’s attempt to revolutionise shops is more complicated....
...Amazon last month expanded its existing investment in Anthropic, the maker of the Claude AI system. Anthropic had previously received funding from Google....
...You can email Ethan at ethan.wu@ft.com. Read a transcript of this episode on FT.com...
...Amazon reiterated on Wednesday that it would be Anthropic’s “primary cloud provider” for key workloads, which will run on Amazon Web Services....
...“Big Pharma endorsing Amazon as a distribution partner bolsters Amazon’s role in healthcare and could be the start of many more of these arrangements.”...
...Amazon does not publish sales figures from its pharmacy division....
...Amazon declined to comment....
...Just go to ft.com/unhedgedoffer. I’m Ethan Wu. Thanks for listening. [MUSIC PLAYING]...
...Please send me tips and story ideas, or just say hi, at lee.harris@ft.com. Could Big Tech drive a nuclear renaissance?...
...Amazon said: “We are very disappointed with this decision, as we want to engage constructively with policymakers....
...Amazon first entered the live sports market in 2017 when it acquired the rights to stream the US National Football League’s Thursday night fixture....
...The rally has sent Amazon’s share price up to close to its all-time high, and pushed the company’s market capitalisation to $1.75tn. Amazon declined to comment....
...Amazon’s “JFK8” fulfilment facility on Staten Island is the flipside of the next-day convenience that Amazon customers enjoy: long hours, ruthless efficiencies and high turnover....
...Amazon rolled out Amazon Q, a rival to Microsoft’s generative AI assistant, last year alongside a suite of AI services and hardware, and on Thursday unveiled an AI shopping assistant that will answer customer...
...counts Amazon among its members....
...“We had a listing shut down during Prime Big Deals Days with no warning, no cause, no explanation,” said one kitchenware seller who has been selling on Amazon.com since 2014. “That’s pretty common.”...
...A rights deal with Amazon could now yield ancillary revenue from dramatisations. But the jeopardy is great....
...Have a great week, Nathalie ThomasLex writer nathalie.thomas@ft.com...
...Read a transcript of this episode on FT.com...
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