00:00It's Benzinga bringing Wall Street to Main Street.
00:02Amazon confirmed plans to acquire BAI as part of its broader push into generative artificial
00:07intelligence, according to CNBC. San Francisco-based company makes a $49.99 wristband
00:12resembling a Fitbit smartwatch. The device uses AI and microphones to analyze conversations
00:17and generate summaries, to-do lists, and reminders.
00:21BAI CEO Maria DeLord-Zolo announced on LinkedIn that the company will join Amazon.
00:26She described the acquisition as a step toward realizing BAI's vision of deeply personal,
00:31learning-driven AI. Amazon spokesperson Alexandra Miller confirmed the planned acquisition of BAI,
00:36but did not disclose the deal's terms. Amazon has expanded its AI portfolio with Nova bottles
00:41and is exploring generative AI and ring devices and returns to wearables after discontinuing
00:46its Halo product in 2023. For all things money, visit Benzinga.com.
Comments