AIO News: Amazon Robots & Crypto Bots πŸš€


Sept 02 24

Amazon Joins Forces with Robots & Coinbase Trades with AI...

Hi Reader,

Today's episode reveals a new partnership (man + machine) at everyone's favorite retailer, Amazon. Coinbase also made a splash by successfully trading crypto with an AI bot. But what does all this mean for us?

Let's jump right in!

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AI News Highlights

Amazon hires Covariant founders πŸš€

TD;LR

Amazon hired the founders of Covariant to integrate their advanced AI into its robotic systems, enhancing warehouse efficiency. Covariant will operate independently and focus on expanding AI solutions across industries.

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What You Need to Know:

  • Amazon hires founders of Covariant, enhancing their robotics and AI capabilities within logistics and fulfillment.
  • Covariant’s AI tech aims to make Amazon’s existing robotic systems more efficient and supportive of operational staff.
  • This follows Amazon’s pattern of acquiring talent and tech, sidestepping full acquisitions to avoid antitrust issues.
  • Covariant will remain independent, led by new CEO Ted Stinson, focusing on deploying AI solutions across various industries.

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Why this matters:

Amazon's integration of Covariant's AI highlights a trend where tech giants strategically acquire elite talent and cutting-edge technology to boost operational efficiency. This move can set new industry standards, pushing competitors to innovate or risk lagging behind.

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Coinbase executes first AI-to-AI crypto transactionπŸ’°

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TL;DR:

Coinbase CEO Brian Armstrong announced the first AI-to-AI crypto transaction using AI-generated tokens, paving the way for autonomous, instant, and secure digital financial operations.

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What You Need to Know:

  • Brian Armstrong, CEO of Coinbase, announced the first AI-to-AI crypto transaction, marking a significant innovation.
  • Transactions were between AI agents using AI-generated tokens, representing a new frontier in digital finance.
  • This development showcases the potential for autonomous financial operations, making transactions instant and free.
  • The AI-to-AI transactions enable AI agents to engage in financial activities, bypassing traditional banking barriers.

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Why this matters:

The first AI-to-AI crypto transaction by Coinbase redefines the landscape of digital finance, highlighting a future where autonomous AI agents can participate in financial activities. This advancement could spur the rapid adoption of AI in commerce, bypassing traditional banking barriers and transforming both the technological and financial sectors.

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Other AI News

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Trending AIs

5 New AIs You Should Try:

  • ​Ruby: a financial platform that offers e-commerce businesses banking, corporate cards, accounting, analytics, and more.
  • ​CompanyGPT: Search for people and companies to speed up your outreach.
  • ​Superfilter: Get your inbox organized with the help of an AI PA.
  • ​Creatify 2.0: Create you next viral video in on click.
  • ​Playground: Design anything with AI and say goodbye to paying graphic designers.

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Today's AI Poll!

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Featured Article

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That’s it for this week’s edition of AI Odyssey! Stay tuned for more insights and tools to keep you ahead in the AI game.

See you next time, The AI Odyssey Team


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