On Thursday, Amazon released its fourth-quarter earnings report, which revealed that the top-selling products during the holidays were products powered by Alexa, the online mega-retailer’s virtual assistant.
“Alexa-enabled devices were the top-selling products across all categories on Amazon.com this holiday season. Customers purchased and gifted a record-setting number of devices from the Amazon Echo family with sales up over 9x compared to last holiday season,” the report read.
There have been concerns as to whether Amazon’s biggest bet in the artificial intelligence market will actually earn the company money. But CNET cited analysts, who said that it may not be now, but it will be later. Although numbers for Amazon’s Echo, the always-on, always-listening speaker that’s connected to the Internet, were not sizeable, Amazon is clearly leading in the AI race since 2014, and is expected to cash in on the lead. Co-founder of market researcher Consumer Intelligence Research Partners Michael R Levin said introducing Alexa to as many places in people’s lives is the endgame.
But there are serious doubters if Alexa, or even Echo will really be a staple in the household. Alexander Aciman for Quartz wrote, “It is, indeed, the greatest clock radio ever made. Nothing more. This much becomes apparent if I grow overzealous and put forth a slightly complicated search query. At moments like these I begin to feel that Alexa’s entire existence is so remarkably counterintuitive and sometimes even suspect she has been put on this planet to thwart me at every turn. Unless, of course, I need to ask her what time it is, or if I want to hear Taylor Swift. On those tasks she always performs marvelously.”


Australia Releases New National AI Plan, Opts for Existing Laws to Manage Risks
Banks Consider $38 Billion Funding Boost for Oracle, Vantage, and OpenAI Expansion
ByteDance Unveils New AI Voice Assistant for ZTE Smartphones
Coupang Apologizes After Massive Data Breach Affecting 33.7 Million Users
Apple Alerts EU Regulators That Apple Ads and Maps Meet DMA Gatekeeper Thresholds
OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities
Nexperia Urges China Division to Resume Chip Production as Supply Risks Mount
YouTube Agrees to Follow Australia’s New Under-16 Social Media Ban
Morgan Stanley Boosts Nvidia and Broadcom Targets as AI Demand Surges
AI-Guided Drones Transform Ukraine’s Battlefield Strategy
Apple Appoints Amar Subramanya as New Vice President of AI Amid Push to Accelerate Innovation
Baidu Cuts Jobs as AI Competition and Ad Revenue Slump Intensify
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp
Amazon and Google Launch New Multicloud Networking Service to Boost High-Speed Cloud Connectivity
Norway’s Wealth Fund Backs Shareholder Push for Microsoft Human-Rights Risk Report 



