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THE DAILY INDEX

Technology, AI, software, security, crypto and business

GENERAL

TLDR

WHY AMAZON WANTS AN AI BRACELET THAT RECORDS EVERYTHING YOU SAY

Bee's wearable bracelet transcribes users' conversations and then uses artificial intelligence to turn that data into searchable history. The company's chief executive recently announced that Bee is joining Amazon in a yet-to-be-signed deal. The data that such a device could gather could help Amazon build more advanced AI models. Amazon hasn't provided any official details on its motivations for acquiring the company.

JEFF BEZOS WEIGHING POSSIBLE ACQUISITION OF CNBC CABLE NETWORK

Jeff Bezos has signaled his interest in buying CNBC. The network would serve as a credible 'neural voice' in his media portfolio. Bezos also owns the left-leaning Washington Post. Comcast plans to spin off its struggling cable assets by the end of the year. CNBC will become part of a publicly-traded company called Versant - there will be a two-year period where Versant will not be able to sell major assets without major tax implications.

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