Amazon (NASDAQ: AMZN) was one of the supreme growth stocks to own over the last 20 years. The expansion from e-commerce to cloud computing and other services made investors a lot of money. A $1,000 investment in 2005 would be worth around $110,000 today.

The five-story 2.4 million-square-foot high-tech facility south of Daytona International Speedway has already created 1,000 jobs and is adding more.

Inside Amazon's new warehouse in Arlington, Washington, a “picker” places a box of toothbrushes into a cubby on a big yellow shelf that looks like a bookcase. In another part of the sprawling facility, the yellow shelves are hoisted on top of little ...

Amazon will end live testing of its Amazon Scout automated delivery robots but will not completely abandon the project. The ecommerce giant will continue to explore the concept, maintaining a dedicated Scout team, but it is scaling back the current program.

Amazon's recent earnings report reveals its fundamentally different approach to artificial intelligence compared to Shopify's platform strategy. Amazon predominantly builds AI to optimize the experience of its customer – the shopper,

Amazon built an ecommerce empire by automating much of the work needed to move goods and pack orders in its warehouses. There is still plenty of work for humans in those vast facilities because some tasks are too complex for robots to do reliably—but a ...

Amazon has increased the number of tours at its two million sq ft depot in Kent. The multi-national technology firms LCY3 centre in Dartford has been open to the public once a week since 2021. But it will now offer tours multiple times a day.

In brief: Companies adopting generative AI, robotics, and other forms of automation will always bring fears that humans are being made redundant. But an executive at Amazon, which is embracing GenAI and human-like robots, claims it's a "myth" that these ...

(TNS) — Amazon employees have long worked alongside robots — but the company is now testing a very lifelike, two-legged machine to help its human co-workers with some tasks. Amazon announced Wednesday it had begun testing a bipedal robot in its BFI1 ...

Retailers are ramping up investments in robotics and automated fulfillment centers as industrial rents rise at double-digit rates in major markets across the country. At the same time, the adoption of technology could stymie demand for warehouse space ...

What just happened? Amazon warehouse workers who fear the increasing amount of automation being introduced to the facilities now have two more technologies to worry about, including a humanoid robot that is being trialed. Amazon, of course, insists that ...