Amazon Explores AI, Autonomous Vehicles, and Asian Markets as $1B Industrial Innovation Fund Advances
Amazon has dedicated nearly two years to utilizing a portion of its $1 billion Industrial Innovation Fund, making strategic investments in nearly a dozen startups across the U.S. and Israel that focus on logistics, supply chain optimization, and customer fulfillment. Recently, the fund's new head, Franziska Bossart, shared insights about ambitions to broaden its geographical reach and delve into generative AI technologies that align with Amazon’s overarching mission.