Amazon to buy AI company Bee that makes wearable listening device

Amazon to buy AI company Bee that makes wearable listening device


Amazon logo on a brick building exterior in San Francisco on Aug. 20, 2024.

Smith Collection | Gado | Archive Photos | Getty Images

Amazon plans to acquire wearables startup Bee AI, the company confirmed, in the latest example of tech giants doubling down on generative artificial intelligence.

Bee, based in San Francisco, makes a $49.99 wristband that appears similar to a Fitbit smartwatch. The device is equipped with AI and microphones that can listen to and analyze conversations to provide summaries, to-do lists and reminders for everyday tasks.

Bee CEO Maria de Lourdes Zollo announced in a LinkedIn post on Tuesday that the company will join Amazon.

“When we started Bee, we imagined a world where AI is truly personal, where your life is understood and enhanced by technology that learns with you,” Zollo wrote. “What began as a dream with an incredible team and community now finds a new home at Amazon.”

Amazon spokesperson Alexandra Miller confirmed the company’s plans to acquire Bee. The company declined to comment on the terms of the deal.

Amazon has introduced a flurry of AI products, including its own set of Nova models, Trainium chips, a shopping chatbot and a marketplace for third-party models called Bedrock.

The company has also overhauled its Alexa voice assistant, released more than a decade ago, with AI capabilities as Amazon looks to chip away at the success of rivals such as OpenAI’s ChatGPT, Anthropic’s Claude and Google’s Gemini.

Ring, the smart home security company owned by Amazon, has also looked to introduce generative AI in some of its products.

Amazon previously experimented in the wearables space through a health and fitness-focused product called Halo. It sunset the Halo in 2023 as part of a broader cost-cutting review.

Other tech companies have launched AI-infused consumer hardware with mixed success.

There’s the Rabbit R1, a small square gadget that costs $199 and uses an OpenAI model to answer questions, as well as the AI pin developed by Humane, which later sold to HP.

Meta‘s Ray-Ban smart glasses have grown in popularity since the first version was released in 2021.

OpenAI in May acquired Jony Ive’s AI devices startup io for roughly $6.4 billion. The company reportedly plans to develop a screen-free device.

Don’t miss these insights from CNBC PRO

Top Amazon AWS executive on the outlook for generative AI



Source

Jim Cramer says Tim Cook accomplished something ‘almost impossible’ as Apple CEO
Technology

Jim Cramer says Tim Cook accomplished something ‘almost impossible’ as Apple CEO

CNBC’s Jim Cramer on Tuesday reflected on the legacy of Tim Cook, arguing that the longtime leader of Apple achieved something many in corporate America consider “almost impossible.” “You have heard a lot about Tim Cook today and for good reason,” the “Mad Money” host said. “He built the greatest consumer-based enterprise in history.” Cook, […]

Read More
SpaceX says it can buy Cursor later this year for  billion or pay  billion for ‘our work together’
Technology

SpaceX says it can buy Cursor later this year for $60 billion or pay $10 billion for ‘our work together’

A SpaceX Falcon 9 rocket is displayed outside a Space Exploration Technologies Corp. facility in Hawthorne, California, on March 26, 2026. Patrick T. Fallon | Afp | Getty Images SpaceX said it’s struck a deal with artificial intelligence startup Cursor, obtaining the right to acquire the company for $60 billion later this year, or to […]

Read More
Jim Cramer says these stocks show why you need to trade on fundamentals, not fear
Technology

Jim Cramer says these stocks show why you need to trade on fundamentals, not fear

CNBC’s Jim Cramer said stock sell-offs can be painful for investors, but they can also create opportunities for those willing to look past fear-driven narratives and focus on fundamentals. “Tailspins can be mighty nasty,” Cramer said Tuesday on “Mad Money.” “If you own a stock that’s caught in one, it’s very hard to hang on, […]

Read More