by Mike Duff | May 27, 2026 | Retail Articles
AWS, Amazon’s B2B operation, is expanding access to the company’s new Alexa for Shopping AI agentic technology to other retailers as an alternative to third-party operations, such as OpenAI’s ChatGPT. Alexa for Shopping combines the capabilities of Amazon’s exclusive...
by Mike Duff | Mar 2, 2026 | Retail Articles
Amazon announced it has struck a fresh deal with OpenAI in a multi-year strategic partnership designed, according to Amazon, to accelerate AI innovation for enterprises, startups and end consumers around the world. Amazon said it will invest $50 billion in OpenAI,...
by Mike Duff | Nov 4, 2025 | Retail Articles
Amazon is moving to nail down a leadership role in artificial intelligence application through a $38 billion deal with OpenAI to establish a multi-year, strategic partnership. The alliance will combine the expertise of the two partners in a way intended to help their...
by Mike Duff | Nov 1, 2024 | Featured News, Retail Articles
The third quarter was kind to Amazon.com as it beat Wall Street estimates on sales and earnings while generating substantially more product and service revenues. Net income was $15.33 billion, or $1.43 per diluted share, versus $9.88 billion, or 94 cents per diluted...
by Mike Duff | Aug 2, 2024 | Featured News, Retail Articles
Amazon beat Wall Street earnings estimates for the second quarter in what the company reported was an all-around solid quarter with improved key metrics from each division. Net income was $13.49 billion, or $1.26 per diluted share, versus $6.75 billion, or 65 cents...