Kate Rooney

Kate Rooney is a technology reporter based in San Francisco, covering Amazon, financial technology, payments and venture capital for CNBC and its digital platforms. She is also a contributor to CNBC's San Francisco bureau.

74%

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

90%

Examples:

  • Amazon is upgrading its decade-old Alexa voice assistant with generative artificial intelligence and plans to charge a monthly subscription fee to offset the cost of the technology.
  • Amazon will use its own large language model, Titan, in the Alexa upgrade.
  • Google launched a similar generative-AI-powered voice feature for Gemini.
  • The development of new AI chatbots in recent months has increased the pressure internally on a division that was once seen as a darling of Amazon founder Jeff Bezos, but has been subject to strict profit imperatives since his departure.

Conflicts of Interest

95%

Examples:

  • Amazon is upgrading its decade-old Alexa voice assistant with generative artificial intelligence and plans to charge a monthly subscription fee to offset the cost of the technology, according to people with knowledge of Amazon’s plans.
  • The team is now tasked with turning Alexa into a relevant device that holds up amid the new AI competition, and one that justifies the resources and headcount Amazon has dedicated to it.

Contradictions

100%

Examples:

No current examples available.

Deceptions

35%

Examples:

  • For instance, Jassy, an avid sports fan, asked the voice assistant the live score of a recent game, according to a person in the room, and was openly frustrated that Alexa didn’t know an answer that was so easy to find online.
  • Many people use Alexa and Siri for basic tasks, such as setting timers or alarms and announcing the weather. The development of new AI chatbots in recent months has increased the pressure internally on a division that was once seen as a darling of Amazon founder Jeff Bezos, according to the sources.
  • The Seattle-based tech and retail giant will launch a more conversational version of Alexa later this year, potentially positioning it to better compete with new generative AI-powered chatbots from companies including Google and OpenAI.

Recent Articles

Amazon's AI-Infused Alexa: A New Subscription Model and Enhanced Capabilities

Amazon's AI-Infused Alexa: A New Subscription Model and Enhanced Capabilities

Broke On: Wednesday, 22 May 2024 Amazon is revamping Alexa with AI technology and plans to introduce a monthly subscription fee. With over 500 million Alexa-enabled devices sold, Amazon aims to provide more conversational and intelligent responses using its large language model, Titan. The company faces competition from Google, OpenAI, and Apple in the voice assistant market. Despite early successes, Amazon is focusing on making Alexa a more relevant device by improving its capabilities through AWS's investment in large language models.
Amazon's AI-Infused Alexa: A New Subscription Model and Enhanced Capabilities

Amazon's AI-Infused Alexa: A New Subscription Model and Enhanced Capabilities

Broke On: Wednesday, 22 May 2024 Amazon is revamping Alexa with AI technology and plans to introduce a monthly subscription fee. With over 500 million Alexa-enabled devices sold, Amazon aims to provide more conversational and intelligent responses using its large language model, Titan. The company faces competition from Google, OpenAI, and Apple in the voice assistant market. Despite early successes, Amazon is focusing on making Alexa a more relevant device by improving its capabilities through AWS's investment in large language models.
PayPal Reports Fourth-Quarter Earnings, Stock Price Up Despite Lower Profitability Than Expected

PayPal Reports Fourth-Quarter Earnings, Stock Price Up Despite Lower Profitability Than Expected

Broke On: Friday, 09 February 2024 PayPal reported fourth-quarter earnings with a 15% increase in total payment volume, but slower underlying growth and lower profitability than expected. Despite this, PayPal's stock price has been on an upward trend since early February.

FTX CEO Sam Bankman-Fried to Testify in Federal Fraud Trial

Broke On: Wednesday, 25 October 2023 Sam Bankman-Fried, the CEO of FTX, is set to testify in a federal fraud trial. The case involves allegations of fraudulent activities related to cryptocurrency transactions.