Amazon will introduce a conversational AI-powered version of Alexa later this year with a monthly subscription fee to offset technology expenses, not included in the Prime membership.
OpenAI and Google pose stiff competition in the AI space, prompting Amazon to invest in AI development and enhance Alexa's capabilities.
Other tech giants like OpenAI, Google, and Apple are also advancing their AI technology, revealing upgraded chatbots and virtual assistants.
Concerns arise regarding Microsoft's potential to gain market share in AI due to its early lead, which could impact Amazon's dominance in the cloud industry.
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