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.
Franziska Bossart, head of the corporate venture capital arm that was set up in 2022, told the Financial Times that “generative AI holds a lot of promise for robotics and automation” and is an area “we are going to focus on this year.”
Let the ai robots loose on the floor to discover productivity by themselves. I bet they figure out that giving random chair massages, pats on the back and cake 🍰 distribution is the best way to improve ROI. Depending on company culture and regulation, hand jobs or spanking might also be involved to attract new employees.