Amazon Puts Tesla on Notice
Amazon just put Tesla on notice. Last month, Amazon announced a surprising new blockbuster acquisition: It’s buying Zoox – a self-driving car startup – for $1.2 billion.
Amazon’s surprising move got the full attention of Tesla CEO Elon Musk. Immediately after the deal, he jokingly called Amazon CEO Jeff Bezos a “copycat.”
Amazon acquired Zoox for its crown jewel: its top-shelf computer vision technology. Computer vision is one of today’s biggest moneymaking opportunities.
In short, cutting-edge computers can now “see” and process visual information better than a human can. This is a game-changing foundational technology in the same way the PC, smartphone, and internet were foundational technologies.
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