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Jason Del Rey

Jason Del Rey

Fast Company

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Temu’s owner sheds billions in value over fears Trump’s trade crackdown will curb U.S. appetite for China-shipped goods

The elimination of the so-called de minimis trade rule could wreak havoc on Temu, Shein, and other direct-from-China merchants.

latest 0

Fortune

Jason Del Rey

Amazon is jumping on the DeepSeek wave to boast about its AI game. But the real test will be its upcoming earnings

As AWS added China's DeepSeek's RI model to its customer menu of cloud AI services, company execs said the upstart AI company proved Amazon's AI...

saturday 20

Fortune

Jason Del Rey

Amazon’s ‘flywheel’ created a $2.4 trillion company — Netflix’s blowout earnings show how the streaming company is replicating the tactic

More subscribers equal more revenue, which leads to more content investments, which lead to more engagement, which leads to more subscribers once...

23.01.2025 20

Fortune

Jason Del Rey

Amazon Prime Air applies for experimental license to help develop new drone radar systems

Amazon wants to test new technology for an air traffic control system for its Prime Air delivery drones. Internal R&D tests in Seattle and Pendleton,...

14.01.2025 4

Fortune

Jason Del Rey

Ebay added $3 billion in market value in one day — thanks to Facebook’s rival marketplace

The European Commission's recent antitrust ruling against Meta also gets an assist.

09.01.2025 10

Fortune

Jason Del Rey

DreamWorks founder Jeffrey Katzenberg says top Hollywood writers and showrunners are welcoming AI as ‘amazing,’ ‘inspiring,’ tools

"It's not constraining them, it’s inspiring them,” the studio head-turned-AI investor told Fortune Brainstorm AI.

11.12.2024 5

Fortune

Jason Del Rey

Amazon’s top AI exec says industry concerns that LLMs hit a ‘wall’ are overblown, says Jeff Bezos ‘very involved’ in AI efforts

Speaking at Fortune's Brainstorm AI conference in San Francisco, Amazon SVP and head of Artificial General Intelligence Rohit Prasad dismissed...

10.12.2024 10

Fortune

Jason Del Rey

Amazon’s new AI cloud strategy is ripped straight from the ecommerce playbook that built a $2 trillion juggernaut

AWS is betting that an AI model marketplace with low prices and wide selection will be the key to success.

05.12.2024 4

Fortune

Jason Del Rey

Exclusive: Leaked Amazon documents identify critical flaws in the delayed AI reboot of Alexa

The planned update to voice assistant Alexa is bogged down with problems including latency, which requires "significant improvements,” an internal...

19.11.2024 10

Fortune

Jason Del Rey

Exclusive: Perplexity’s CEO says his AI search engine is becoming a shopping assistant—but he can’t explain how products it recommends are chosen

The new tools are part of a major push by Perplexity to be more of a one-stop hub for users.

19.11.2024 9

Fortune

Jason Del Rey

Amazon unveils ‘Haul’—its ultra-discount Temu rival selling $1 earrings and $8 leggings

Amazon is trying to address its struggle to inspire online shoppers to do the equivalent of window shopping.

13.11.2024 2

Fortune

Jason Del Rey

Amazon’s CEO dropped a big hint about how a new AI version of Alexa is going to compete with chatbots like ChatGPT

Andy Jassy hinted that the long-awaited AI-powered Alexa will be all about taking actions, and not just providing answers. But it's unclear when...

01.11.2024 2

Fortune

Jason Del Rey

Amazon’s $110 billion cloud business is minting profits even amid the expensive Gen AI arms race—but for how long?

CEO Andy Jassy acknowledged that Amazon must sacrifice short-term profits by spending heavily on AI infrastructure that may pay off big later.

01.11.2024 3

Fortune

Jason Del Rey

Exclusive: Amazon’s top grocery exec departs for Wonder, Marc Lore’s celebrity-chef restaurant startup

Tony Hoggett is taking the startup plunge after running Amazon's grocery store and delivery services for the past three years.

28.10.2024 7

Fortune

Jason Del Rey

Amazon gadget boss hints at ‘awesome’ future Alexa products and unveils a slew of new Kindle devices in his public debut

Amazon's Panos Panay hinted that the new Alexa would elicit "emotion" and "connection." “The products coming,” he added, “are pretty awesome.”

16.10.2024 2

Fortune

Jason Del Rey

Elon Musk, Jeff Bezos, and the robot revolution to end hard work

A new breed of humanoid robots, backed in part by the world's richest men, is attracting both funding and commercial interest.

08.10.2024 1

Fortune

Jason Del Rey

Dave Clark made Amazon a logistics powerhouse. Now he’s raised $100 million to help Fortune 500s perfect their supply chains too

The former CEO of Amazon's consumer business has founded Auger, an AI-powered startup aiming to build the modern supply chain OS.

08.10.2024 5

Fortune

Jason Del Rey

Leaked: Whole Foods CEO tells staff he wants to turn Amazon’s RTO mandate into more ‘carrot’ than ‘stick’

Employees of the Amazon-owned grocery subsidiary submitted more than 1,200 questions about the controversial 5-day return-to-office policy ahead of...

03.10.2024 10

Fortune

Jason Del Rey