Amazon to spend $1 billion on startups that combine AI with robots — Ars Technica

Amazon’s $1 billion industrial innovation fund is to step up investments in companies that combine artificial intelligence and robotics, as the ecommerce giant seeks to drive efficiencies across its logistics network, writes Camilla Hodgson. 

FTC launches antitrust inquiry into artificial intelligence deals by tech giants — PBS

U.S. antitrust enforcers are opening an investigation into the relationships between leading artificial intelligence startups such as ChatGPT-maker OpenAI and Anthropic and the tech giants that have invested billions of dollars into them, according to the report by Matt O'Brien of Associated Press. 

Amazon’s secret pricing scheme made it an extra $1 billion, FTC says — The Verge

Amazon’s secret pricing algorithm, codenamed “Project Nessie,” may have generated the company more than $1 billion in extra profits, according to new details released...

Amazon to launch first Project Kuiper internet satellites — The Register

Kuiper's Protoflight United Launch Alliance mission is expected to lift off in a little under 24 hours, carrying KuiperSat-1 and KuiperSat-2 to orbit, writes Brandon Vigliarolo.

Amazon to invest up to $4B in Anthropic

Amazon will invest up to $4 billion in Anthropic, and will acquire a minority ownership stake in the company. The two companies also announced a strategic agreement aimed at the development of generative artificial intelligence (AI) models.