Amazon (AMZN) is exploring offering technology to help other apps and sites sell ads in AI chatbots, according to The Information citing sources
Newsquawk Staff ·
Amazon (AMZN) is exploring offering technology to help other apps and sites sell ads in AI chatbots, according to The Information citing sources.
What it means
Amazon is expanding its technological capabilities by considering a new venture that supports advertising in AI chatbots. This move could position Amazon as a key player in the evolving ad tech space, potentially enhancing its revenue streams while also suggesting a strategic shift towards integrating AI solutions across platforms. Watch for implications on market positioning and peer responses within the digital advertising industry.
Sources
- PRE-MARKET AUSTRALIAN STOCKS NEWS: Woolworths (WOW AT) tops Q1 sales forecasts
- Major US technology company selects Baker Hughes’ (BKR) power generation and cooling solutions to scale high-density AI compute
- Meta (META) AI director Rohit Patel leaves to take on Microsoft (MSFT) Office and Google (GOOGL) Workspace, reports TechCrunch
- AMD (AMD) and Meta (META) collaborate across CPUs, GPUs, networking, systems and software to power Meta services and AI infrastructure; AMD will invest USD 1bln in Meta's equity offering
- UPS (UPS) says Q4 US average daily volume to be lower Y/Y and Q4 volume decline reflects planned reductions in Amazon (AMZN) business
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