Amazon Launches New Agentic AI Group To Boost Robotics, Enhance User Interactions
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Amazon has launched a new agentic AI group within its consumer R&D division, based in Lab126, to enhance robotics and user interactions. This team aims to develop systems capable of executing complex tasks autonomously, moving beyond traditional chatbots. Analysts at BofA Securities have recognized Amazon as a leader in AI and robotics, raising the stock price target from $230 to $248 due to improved competitive positioning and profitability from AI investments. Amazon is joining other tech giants in the agentic AI space, which is crucial for enterprise automation and digital transformation.
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