Amazon's robots, like Proteus and Sparrow, were designed to improve operational efficiency and delivery speed.

Since 2022 Amazon has introduced six new models. They include a fully autonomous mobile robot called Proteus, three types of robotic arms, and a containerized storage system called Sequoia.

Nowak has an Overweight (or Buy equivalent) on Amazon's stock with a $280 price target. Amazon's stock currently trades at $228, up 4.35% year to date. The investments in robots may already be paying ...

Filing details $400 million license for smart robot system and claims retail giant’s “reverse acquihire” contract limits competition and merits antitrust scrutiny.

The rise of robotics in the workforce poses challenges and opportunities, potentially displacing jobs while also fostering ...

In brief: Amazon has spent years investing in robots that work in its fulfillment centers around the world. Developing and deploying these machines costs millions of dollars, but a new report ...

Amazon has significantly increased its use of robots, with over 7.50 lakh now working alongside human employees in its fulfilment centres worldwide. According to a report by Business Insider ...