Amazon (AMZN) is planning to give its Alexa voice assistant an AI overhaul and will charge a monthly subscription fee, CNBC’s Kate Rooney reports, citing sources. The offering will not be included in Amazon Prime subscriptions, according to a source. The new, more conversational version of Alexa, which will be launched later this year, would potential position it to better compete with new generative AI-powered chatbots from companies including Google (GOOGL) and OpenAI, according to two sources familiar with the matter.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMZN:
- Will Tesla Stock (NASDAQ:TSLA) Tread Water Until the Robotaxi Unveiling?
- Amazon (NASDAQ:AMZN) Makes a Hefty Investment in Scale AI
- Amazon accused of using ‘intrusive algorithms’ for surveillance, Guardian says
- IBM expands watsonx portfolio on AWS
- Walmart Stock (NYSE:WMT): The Most Expensive It’s Been in Two Decades
