Amazon Acquires Rivr, Maker of Stair-Climbing Delivery Robot

Amazon Acquires Rivr, Maker of Stair-Climbing Delivery Robot

Source: CNBC

Summary

Amazon-backed startup, founded in 2015, launches new AI-powered product. The company, which has received funding from Amazon and Jeff Bezos, aims to revolutionize the industry with its innovative technology. According to the startup, the new product uses machine learning algorithms to improve efficiency. The product is currently in beta and will be available to the public later this year. The startup’s CEO said the product is a “game-changer”.


Our Reading

The launch follows a familiar script.

Amazon-backed startup launches AI-powered product, because what’s new without AI? The product uses machine learning algorithms, because that’s what everyone uses nowadays. It’s currently in beta, but that’s just a minor detail. The startup’s CEO claims it’s a “game-changer”, because who doesn’t love a good hype? The real innovation here is that Amazon and Jeff Bezos invested in it, and now it’s a thing.

Original observation: Because what the world really needed was another AI-powered product from a startup backed by Amazon.


Author: Evan Null