Amazon is advancing its use of artificial intelligence and robotics to streamline logistics, automate warehouses, and lower operational costs. The company has introduced new AI-driven software updates aimed at improving delivery speed and efficiency.

Seattle

The release of Open AI's ChatGPT has accelerated the development of artificial intelligence and warnings about its impact on society.

Rise of AI

Amazon is expanding its use of artificial intelligence and robotics to optimize its logistics operations and reduce costs. Recent updates include new AI models designed to speed up delivery and automate warehouse processes, primarily through software improvements to its robotic fleet. These efforts are expected to improve operating margins, with analysts suggesting a potential increase from 11% to 15% if the initiatives are successful. The majority of Amazon's robotics advancements currently involve robotic arms and autonomous machines within warehouses, rather than humanoid robots. These developments aim to enhance delivery speed, maintain customer engagement, and support the company's core business functions.

Amazon integrates AI to reduce logistics costs

Amazon's robotic strategy isn't focused this week as they announce new AI and robotic fleet updates designed to help the company lower costs. Kate Rooney has more on these savings. Wait, Kate, are these robot factory workers? I thought they were going to be, you know, like the ones that Tesla's working on that are going to do my dishes or whatever. Oh, the humanoids. And we'll talk about that, Kelly. I think that's what we're all focused on. But these were more of software updates this week. But if you think about sort of the start of this big tech AI race, it's only been a couple of years, but Amazon CEO Andy Jassy has made the case repeatedly that this technology is going to help the business internally. He said at certain points, you know, they're not just competing because it's the newest buzzword and then it's cool, as he's described it. We are seeing more proof of that. At this point, AI is emerging as a way for Amazon to keep costs down within the e-commerce business, in part by using robots. Some folks call this physical AI, especially in Silicon Valley. They're really trying to streamline the supply chain as well. Amazon right now needs this more than ever with the threat of tariffs, shares negative on the year and really have been kind of in the middle of the mag seven pack this week. Amazon did roll out some incremental AI updates. One model is meant to speed up delivery. Another is to upgrade its fleet of robots on the software side, which in turn would help automate warehouses and keep costs down. The key for investors here is margins. So right now, Amazon's business, it's roughly 11% operating margins. Gene Munster over at Deepwater thinks that could go to 15% if all of these AI efforts pay off. He compared it to Tesla's strategy and thinks the bulk of the value right now for Amazon and AI, it's in fulfillment center robots. Morgan Stanley also weighing in today, calling Amazon an underappreciated gen AI winner, citing recent investments in automating $200 billion in logistics costs. Yeah. And I don't mean to be glib because if they can use robotics or AI to actually speed up the delivery process, that is a huge deal for the company. Definitely. It's so interesting you brought up humanoids too. I mean, those are kind of the exciting part, but I would say 99% of this at this point in terms of robotics are these robotic arms. You've got these things that kind of look like these Roombas that go around the factory space, but they can lower costs overall and also make delivery faster. There's a flywheel effect with prime memberships. People are demanding things at their doorstep much faster. That's going to help them maintain that speed up delivery, keep prime members engaged. And it's kind of fits in the big picture. It reminds me of, I mean, both Amazon and Meta are basically using the technology to do what they already do better as opposed to pivoting into kind of brand new businesses, at least for now. And Google. Yeah. Yeah. Kate, thanks very much. Kate Rooney.

Officials in the U.S. state of Texas say at least 13 people have died in overnight flash floods after torrential rains triggered an overflow of the Guadalupe River. Nearly 20 children attending a summer camp in the south-central area are missing.

Kerr County

Deadly Texas floods: Search efforts underway for missing children

Türkiye has been battling wildfires for more than a week, with its western province of Izmir among the hardest hit. Thousands have been forced to flee as flames threaten homes and villages.

Ödemiş

Turkiye wildfires: At least two dead as fires burn for eighth day

It was not clear if Hamas’ statement meant it had accepted the proposal from US President Donald Trump for a 60-day ceasefire.

Jerusalem

Hamas says it is  'positive' about latest ceasefire proposal

President Trump brought pomp and circumstance to his signing of the "big, beautiful bill" on Friday, with an Independence Day ceremony at the White House that included a B-2 bomber flyover.

Washington

Global Tariffs

Trump signs "big, beautiful bill" as tariff deadline looms

Heavy rainfall in central Texas caused the Guadalupe River to overflow and unleash a torrent of water. The bodies of at least 13 children and adults have been recovered and more than 20 girls are missing from a sleepaway camp.

Floods kill at least 13 in Texas, over 20 missing from summer camp

The talk comes a day after President Donald Trump and Russian President Vladimir Putin discussed Ukraine, Iran and other issues in a call the Kremlin described as "frank and constructive."

Kyiv

Ukraine Invasion

Zelenskyy, Trump agree on joint defense efforts in phone call

Russia pummeled Kyiv with the largest drone attack of the war, injuring at least 23 people and damaging buildings across the capital only hours after U.S. President Donald Trump spoke with Russia's Vladimir Putin, officials said.

Russia hits Kyiv with largest drone attack after Trump-Putin call

U.S. President Donald Trump marked the passage of the new spending bill, which includes changes to food assistance, student loan programs, and clean energy credits. Robert Costa joins "CBS Mornings" to break down what's in the legislation.

Trump set to sign "big, beautiful bill"

More than 80 Palestinians were killed in Gaza on Thursday (July 3), according to health officials, as Israel intensified its strikes, hitting a school-turned-displacement facility. CNN’s Paula Hancocks looks at the damage and humanitarian toll.

More than 80 people killed in Gaza in one day

Ukrainian President Volodymyr Zelenskyy said Kyiv will do "anything" to advance EU accession talks. Zelenskyy spoke alongside Danish Prime Minister Mette Frederiksen, President of the European Council António Costa and President of the European Commission Ursula von der Leyen.

Ukraine will do 'anything' to advance EU accession talks: Zelenskyy

President Donald Trump said Washington will start sending letters to countries on Friday specifying what tariff rates they will face on imports to the United States, a clear shift from earlier pledges to strike scores of individual deals.

Trump: Letters telling countries their tariff rate going out Friday

Indonesian rescuers on Thursday (July 3) temporarily halted a search for 30 people still missing after a ferry carrying 65 people sank near the island of Bali with the loss of six lives, the national search and rescue agency said.

Gilimanuk

Indonesia suspends search for 30 missing after ferry sinks near Bali

After marathon debate sessions in the Senate and House, President Donald Trump’s budget bill passed in the House. Republicans secured the biggest win of Trump’s presidency.

Trump’s landmark ‘big, beautiful bill’ narrowly passes U.S. House

Florida says the first group of migrant detainees have arrived at the new immigration detention center known as "Alligator Alcatraz." CBS News correspondent Shanelle Kaul has more.

Ochopee

First group of detainees arrive at "Alligator Alcatraz," Florida says

U.S. President Donald Trump said Thursday (July 3) that he spoke with Russian President Vladimir Putin and that he plans to hold a call with Ukrainian President Volodymyr Zelenskyy. CBS News White House reporter Willie James Inman has more.

Trump speaks with Putin, plans call with Zelenskyy

CNN’s Priscilla Alvarez reports on a lawsuit from lawyers for Kilmar Abrego Garcia alleging he suffered “torture and mistreatment” after he was wrongfully deported and held in El Salvador’s notorious mega prison.

Tecoluca

Kilmar Abrego Garcia claims he was tortured in El Salvadoran prison

The Kremlin welcomed the development, with spokesman Dmitry Peskov claiming it proves Western arsenals are being depleted and predicting that less aid will hasten the end of the conflict.

U.S. pauses military aid to Ukraine over depleted weapons stockpile

Two contractors employed by UG Solutions spoke to the AP on condition of anonymity as they were revealing their employers’ internal operations.

U.S. contractors say live ammo used at Gaza aid distribution site

Democratic leader Hakeem Jeffries spoke for hours on the House floor about potential impacts of President Trump's "big, beautiful bill" that Republicans are looking to pass before July 4. Following debate, the House is set for a final vote on the massive budget bill.

House debates Trump's 'big, beautiful bill' ahead of final vote

CBS News political contributor Caroline Polisi joins "CBS Mornings" to break down the jury's verdict in Sean "Diddy" Combs' federal trial and the judge's decision to deny bail for the music mogul ahead of his sentencing.

Manhattan

Sean "Diddy" Combs denied bail after split verdict

Liverpool soccer player Diogo Jota has died aged 28, just weeks after marrying his childhood sweetheart. The footballer passed away in a car crash in northern Spain.

Madrid

Liverpool soccer player dies in car crash 10 days after wedding

The Pentagon said that U.S. strikes 10 days ago had degraded Iran's nuclear program by up to two years, suggesting the U.S. military operation likely achieved its goals despite a far more cautious initial assessment that leaked to the public.

Tehran

Iran Strikes

Iran nuclear program degraded by up to two years: Pentagon

Days before his 90th birthday, the Dalai Lama announced the Gaden Phodrang Trust, a non-profit he founded, will have the sole authority to recognize his future reincarnation, but China insists it will choose the successor of the Tibetan spiritual leader.

Lhasa

China rejects Dalai Lama’s succession plan

The U.S. Congress inched towards approving President Donald Trump’s Big Beautiful Bill, despite attempts by Democrats to stop it. The bill is Trump’s signature legislation which includes massive spending increases on the military and immigration enforcement while slashing social programs.

Trump’s Big Beautiful Bill nears approval

Sean (Diddy) Combs was found guilty on prostitution-related charges, but was acquitted on more serious charges of racketeering and sex trafficking giving him a maximum sentence of 20 years. But the courtroom victory was subdued following a judge’s ruling to deny him bail.

New York

Diddy denied bail, avoids life in prison

President Trump says Israel has agreed to a 60-day ceasefire in Gaza, but it remains unclear if Hamas will accept the terms. CBS News senior foreign correspondent Debora Patta has more.

Trump says Israel has agreed to Gaza ceasefire conditions

Bryan Kohberger changed his plea to guilty Wednesday for the 2022 murders of four University of Idaho students. CBS News national correspondent Carter Evans has more on the case.

Boise

New details revealed as Kohberger pleads guilty for 2022 Idaho murders

The Wisconsin Supreme Court struck down a state abortion law that was adopted in 1849 in a 4-3 landmark decision. CBS News' Shanelle Kaul reports.

Madison

Wisconsin Supreme Court strikes down 176-year-old state abortion ban

Macron and Putin held regular discussions around the start of Russia's invasion of Ukraine, with Macron visiting Putin in Russia in February 2022, but dialogue eventually stalled.

Paris

Macron held 'substantial' phone call with Putin

President Trump toured “Alligator Alcatraz,” a migrant detention center he teamed up with Ron DeSantis to build in the Everglades.

Amazon integrates AI to reduce logistics costs

BreakdownGenerated by LeadStory AI

See The Full Story

Rise of AI