Amazon.com, Inc. (AMZN) has moved to strengthen its logistics network by unveiling a new artificial intelligence-powered tool that helps delivery drivers search for packages quickly. Drivers will no longer have to go through cluttered vans at each stop searching for packages.
AI Packaging Tools
Instead, the new tool will green circle packages to be delivered at the next stop and red circle those to be delivered later. Vision Assisted Package Retrieval is the latest tool that has undergone testing since 2020. Amazon plans to deploy it in more than 1000 Amazon vans as early as next year as it looks to shorten delivery routes by up to 30 minutes.
The device employs computer-vision technology that was first created in Amazon warehouses to recognize items without the need for barcode scanners. This technology was modified for the limited space in vans’ cargo compartments and combined with software for planning delivery routes.
Amazon is already leveraging the Packaging Decision Engine, an artificial intelligence-powered model, to determine the most efficient package options for shipping millions of items. Additionally, the company is leveraging game-changing technology to detect damaged goods to reduce the number of damaged items sent to customers and returned.
As Amazon leverages artificial intelligence to enhance the delivery of goods as part of its e-commerce operation, Google’s DeepMind executive Terra Terwilliger says the technology will be a game changer in legal departments even as it threatens to trigger significant job losses.
AI in Legal Departments
Google DeepMind currently employs its Gemini AI system to manage information queries directed towards its legal team. Upon complete implementation, the firm anticipates that Gemini will be capable of processing approximately 40% to 50% of these inquiries. The legal team at Google DeepMind leverages AI for “locating information that you know exists but cannot access at that moment.
Bayer (BAYN)’s top operating officer for its worldwide pharmaceuticals division, Sebastian Guth, has also confirmed that the company frequently employs artificial intelligence to complete sections of the extensive regulatory documents needed for its drug research and development activities. Guth believed that the company utilized AI to complete between 70% and 80% of these documents demanded by authorities globally.
Increased use of artificial intelligence tools in the workforce threatens to render most people jobless, especially in departments that deal with repetitive tasks that machines can handle with greater efficiency.
Super Micro Bounce Back
Meanwhile, Super Micro Computer, Inc. (SMCI) has experienced a turbulent period recently due to investigations by a short-seller and a DOJ probe. However, despite these challenges, the share of the AI hardware maker has surged by over 20% on the confirmation the company is on course to deliver 100,000 GPUs quarterly. Although the stock value has fallen slightly, it still hovers close to 10% higher than its initial value at the beginning of the week.
Established in 1993, Super Micro specializes in manufacturing servers and storage solutions for a wide range of sectors, including data centers and 5G technology. Its market value exploded following the introduction of OpenAI’s ChatGPT as it affirmed strong demand for its storage solutions to handle AI workloads.
