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AI officer is the hot new job that pays over $1 million
Businesses are now scrambling to appoint AI leaders, with some metaverse executives reinventing themselves as AI experts. Compensation packages for AI leaders average above $1 million. Most companies have moved on from the metaverse trend, focusing instead on AI. The fickle nature of technology trends is evident in the shifting focus from metaverse to AI.
Amazon adds cloud executives, Zoox chief to CEO Andy Jassy’s senior team
Dave Brown, Aicha Evans and Swami Sivasubramanian are joining what Amazon calls the S-team, Jassy said in a note to employees.
Zoox headcount grows as Amazon's self-driving unit expands testing in Vegas
Zoox's headcount has grown to about 2,200, up from 1,900 at the beginning of the year, Chief Technology Officer Jesse Levinson told Reuters.
Microsoft to invest in autonomous trucking startup Gatik
Microsoft plans to invest over $10 million in a financing round that values Gatik at more than $700 million, the sources added. As part of the deal, Gatik will use Microsoft's cloud and edge computing platform Azure in developing autonomous delivery technology for trucks.
It's On
From WhatsApp's lawsuit against the government to Amazon's splashy MGM purchase and Vimeo spun off as a public firm, here's a quick look at the top tech news today.
'Robo-taxi' is here! Amazon's Zoox unveils autonomous electric vehicle, has top speed of 75 mph
The carriage-style interior of the vehicle produced by Zoox Inc. has two benches that face each other.
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Uber investors are pressuring CEO to revamp the self-driving division
When Khosrowshahi assumed Uber’s helm from ousted founder Travis Kalanick in 2017, he inherited a mess of cultural, strategic and financial problems.
Big tech goes on shopping spree, brushing off antitrust scrutiny
Big Tech is even buying amid a world economy ravaged by the coronavirus pandemic. While global economic output is expected to shrink by 4.9% this year and bankruptcies and job losses are tearing through industries, tech companies are enjoying surging traffic and sales.
Bezos buys self-driving startup, Musk calls him ‘copy cat’
This isn’t the first time Musk has taken a dig at Bezos for indulging in similar business deals.
Amazon agrees to buy self-driving startup Zoox for over $1 billion
The report did not mention the exact purchase price and added Amazon is unlikely to disclose it when the deal is announced, likely to be on Friday.
Amazon in talks to buy autonomous vehicle startup Zoox
Dow Jones reported that Amazon is in advanced talks to buy Zoox for less than the $3.2 billion valuation from 2018.
Self-driving dream team gets $530 million from Sequoia, Amazon
Aurora’s three co-founders are legendary within the tight community of roboticists and engineers who are leading the charge to make self-driving cars a reality.
VCs plowed a record $9.3 billion into AI startups last year
The surge comes after three years of steadily increasing investment, with the average annual increase from 2015 to 2017 at 28 percent.
Who’s winning the self-driving car race?
In the next three years, almost all of these contenders will be able show off cars capable of navigating city streets at casual speeds along firmly fixed routes.
Collateral benefit: Why self-driving cars owe a lot to Afghan, Iraq wars
These cars carry scars and dent from participation in a legendary series of competitions organized by the Darpa, a research and development wing of the US military.
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