The division, known as Lab126, was a focus for Amazon’s founder Jeff Bezos, who portrayed it as an engine for future projects, but more recently it has been buffeted by mass layoffs and key executi…
The division, known as Lab126, was a focus for Amazon’s founder Jeff Bezos, who portrayed it as an engine for future projects, but more recently it has been buffeted by mass layoffs and key executive departures, including leader Dave Limp, a 13-year veteran who has announced plans to step down later this year.
Not all of them will be produced commercially, sometimes due to financial or market concerns, the sources said, while some have already been reworked or canceled altogether. Many pointed to the Astro home monitoring robot launched in 2021 that, at $1,600, remains niche and was criticized for giving some consumers the creeps.
Amazon said it is developing a generative AI of its own to bolster Alexa but hasn’t revealed much beyond an August assertion that “every one of our teams is working on building generative AI applications.” The retrenchment also affected Amazon’s retail unit, cloud computing, grocery and advertising divisions.
That’s worked well with its Kindle group, as consumers who own an e-reader purchase e-books for years, with Amazon taking a cut of each sale.
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