Amazon Nova Pro
Nova Pro is Amazon’s flagship multimodal foundation model, available exclusively through Amazon Bedrock. Strong on document understanding and AWS-integrated workloads.
Released
December 3, 2024
Type
multimodal
License
proprietary
Context
300,000 tokens
Pricing
Input
$0.80 / 1M tokens
Output
$3.20 / 1M tokens
Capabilities
Links
Amazon Nova Pro in the news
TechCrunch · Aug 1, 2026
What’s the best handheld mini fan?
As summer temperatures rise, portable mini fans are emerging as essential personal cooling devices, with premium brands like Shark and Dyson competing against a wide array of more budget-friendly options available on platforms such as Amazon. These compact fans are designed for personal use, offering a localized breeze to alleviate discomfort during hot weather, whether at home, in the office, or on the go. The market for these devices encompasses a spectrum of features and price points, catering to diverse consumer needs and preferences. Premium brands such as Shark, known for its home cleaning appliances, and Dyson, a leader in innovative home technology, are positioning themselves in the mini fan segment with products that often incorporate advanced features. These might include enhanced battery life, multiple speed settings, quiet operation, and unique design elements. For instance, Dyson's fans are typically recognized for their bladeless technology, which enhances safety and ease of cleaning, and their ability to project a powerful, focused stream of air. Shark's offerings, while perhaps less technologically distinct than Dyson's, often emphasize durability and practical functionality for everyday use. In parallel, online marketplaces like Amazon host a vast selection of mini fans from numerous manufacturers, ranging from unbranded or lesser-known labels to established accessory brands. These devices often compete on price and basic functionality, providing consumers with accessible cooling solutions. Many of these Amazon-listed fans are battery-operated, rechargeable via USB, and designed for portability, fitting easily into handbags or desk drawers. Some models also include additional features such as built-in LED lights or power bank capabilities, adding versatility. The selection process for a mini fan typically involves considering factors such as airflow strength, battery duration, noise level, size and weight for portability, and overall build quality. Consumers often look for reviews and specifications to gauge how effectively a particular fan can provide relief in different environments. The growing popularity of these personal cooling devices underscores a broader trend towards individual comfort solutions in increasingly warm climates, driven by both environmental factors and evolving lifestyle expectations.
Fortune · Aug 1, 2026
Inside Miami’s ‘Billionaire Bunker,’ a man-made island for the .01% where billionaires like Jeff Bezos and Mark Zuckerberg shell out for total privacy
Indian Creek Island, a 300-acre artificial island situated in Biscayne Bay just north of Miami Beach, has emerged as a premier destination for the world's wealthiest individuals, earning it the evocative nickname "Billionaire Bunker." This exclusive enclave is characterized by its extreme scarcity of available land, featuring only 41 meticulously curated waterfront lots. The entry price for a property on this coveted island begins at a staggering $60 million, reflecting its unparalleled desirability and the immense capital required to secure a residence. The island's exclusivity is further amplified by its status as an independent municipality. This self-governing entity boasts its own dedicated government and a private police force, providing residents with an exceptionally high degree of privacy, security, and control over their environment. As of the most recent available data from 2020, Indian Creek Island was home to a mere 84 residents, underscoring its position as one of the most exclusive enclaves in the United States. The heart of the island's interior is occupied by the prestigious Indian Creek Country Club, a private establishment renowned for its championship 18-hole golf course. Membership at this elite club is not easily obtained; it reportedly demands a substantial $500,000 initiation fee, coupled with a rigorous and lengthy admissions process, further reinforcing the island's elite social strata. The roster of prominent figures who have chosen Indian Creek Island for its ultimate privacy and luxurious lifestyle includes legendary NFL quarterback Tom Brady, Amazon founder Jeff Bezos, and Ivanka Trump, daughter of former U.S. President Donald Trump. Adding to this distinguished list, Meta CEO Mark Zuckerberg is the most recent high-profile billionaire to reportedly acquire a newly constructed mansion on the island earlier this year, with the transaction estimated to be between $150 million and $200 million. Michael Martirena, co-founder of the Ivan and Mike Team at real estate brokerage Compass, notes that a common practice among these ultra-wealthy buyers is the demolition of existing structures to construct bespoke residences, tailored precisely to their individual tastes and requirements. This trend contributes significantly to the island's unique architectural tapestry and sustains its exceptionally high property values, making it a symbol of ultimate wealth and privacy.
Fortune · Aug 1, 2026
Amazon’s Andy Jassy sees a $1 trillion cloud built on businesses like the PGA Tour—which swapped its server trucks for AI broadcasts
Amazon CEO Andy Jassy predicts the global cloud computing market will reach $1 trillion annually, driven by a significant shift of on-premise IT infrastructure to cloud services. Jassy stated on Amazon's second-quarter earnings call that approximately 85% of global IT spending currently occurs on company-owned, on-premise servers, a figure he expects to "flip" over the next 10 to 20 years. This forecast is supported by Amazon Web Services (AWS) impressive second-quarter performance, which saw revenue climb to $42.2 billion, marking a 37.6% increase year-over-year. This growth rate represents the fastest acceleration for AWS in 18 quarters and the fifth consecutive quarter of accelerating growth. Sequentially, AWS added over $4.6 billion in revenue, exceeding its previous largest quarterly increase by approximately 80%, and is now operating at an annualized revenue run rate of $169 billion. The company's customer backlog has reached $496 billion, contributing to a more than 15% surge in Amazon's stock price on Friday. The PGA Tour serves as a prime example of this migration trend. Previously, the PGA Tour operated a decentralized IT system, transporting server trucks and equipment to each tournament location weekly. This involved loading, transporting, setting up, operating, and dismantling computer equipment and scoreboards at various golf courses. David Provan, the tour's vice president of digital architecture, described this logistical challenge, noting the tour's nomadic nature. However, the PGA Tour, which is sponsored by AWS and recently renewed its agreement in the first quarter, has transitioned its operations to the cloud. This move exemplifies how companies are migrating their existing IT infrastructure to cloud platforms and subsequently building AI capabilities on top of that cloud foundation. This process creates a powerful growth engine, explaining the substantial acceleration in AWS's revenue and Jassy's optimistic outlook for the future scale of the AWS business. The migration of enterprise IT from on-premise data centers to cloud providers like AWS is a fundamental industry shift, enabling greater scalability, flexibility, and innovation, particularly in the rapidly evolving field of artificial intelligence.
TechCrunch · Jul 31, 2026
Rivian spinoff Also to start delivering e-bikes after months of delays
Also, the electric bicycle and vehicle startup spun out of Rivian, has announced further delays in the delivery of its flagship e-bike, the TM-B. This marks another setback for the company, which had previously aimed for initial deliveries in late 2023. The company has not provided a new specific delivery date, stating only that it is working to resolve manufacturing challenges. Also is also developing four-wheel pedal-assist cargo vehicles intended for Amazon, a project that has also faced its own timeline adjustments. The company positions itself broadly as a "vehicle" company, encompassing both its two-wheeled and four-wheeled ambitions. The delays in e-bike production raise questions about Also's ability to execute its ambitious product roadmap and meet its financial projections. Rivian, the electric vehicle manufacturer that birthed Also, has been focusing on its own production ramp-up and cost-cutting measures. The performance of Also is not directly tied to Rivian's financial results, but the success of its spinoffs can reflect on the parent company's innovation and strategic diversification efforts. Also's e-bike, the TM-B, was initially presented as a premium offering, featuring a lightweight aluminum frame, a mid-drive motor, and integrated lighting. The company had highlighted its direct-to-consumer sales model and a focus on urban mobility. The extended delays suggest that scaling production of even a relatively specialized product like an e-bike can present significant hurdles, particularly for a new company navigating supply chain complexities and manufacturing processes. The development of the four-wheel cargo vehicle for Amazon represents a potentially larger revenue stream for Also, but its timeline is also subject to the same manufacturing and integration challenges. The success of these ventures is crucial for Also's long-term viability and its ability to establish itself as an independent entity in the competitive electric mobility market. Investors and industry observers will be closely watching Also's progress in overcoming these production bottlenecks and demonstrating its capacity to deliver on its product promises. The company's ability to secure further funding or achieve profitability will likely depend on its success in bringing its vehicles to market and generating revenue. The e-bike market, while growing, is also becoming increasingly crowded with both established players and new entrants, making differentiation and timely delivery critical factors for success. Also's initial strategy of targeting a premium segment with advanced features may prove challenging if production issues prevent it from reaching consumers in a timely manner. The company's communication regarding the delays has been sparse, adding to the uncertainty surrounding its operational status and future outlook. The broader electric vehicle and micro-mobility sectors are experiencing rapid innovation and intense competition, placing pressure on all companies to execute efficiently and effectively. The delays experienced by Also underscore the inherent difficulties in bringing new hardware products to market, especially those involving complex manufacturing and supply chain dependencies. Further updates on Also's production timelines and operational progress are anticipated by stakeholders.
Bloomberg Markets · Jul 31, 2026
Zitron: "Everyone Has Been Sold a Lie" on AI
EZ Primary Research CEO Ed Zitron expressed skepticism regarding the substantial artificial intelligence (AI) spending plans announced by major technology firms, including Microsoft and Amazon, following recent earnings reports. Zitron contends that the prevailing narrative, which suggests this capital expenditure is driven by widespread and varied AI demand, is fundamentally flawed. Instead, he asserted in a statement to Bloomberg that this significant investment is primarily directed towards building the infrastructure for two companies, OpenAI and Anthropic, which he characterizes as unprofitable and unsustainable. Zitron's critique focuses on the perception versus the reality of AI investment. He believes that investors and the market are being misled into thinking that the capital expenditure (CapEx) by tech giants is fueling a diverse and robust AI ecosystem. However, his analysis points to a concentration of resources that benefits only a limited number of entities. This concentration, according to Zitron, is not indicative of a healthy, broadly distributed demand for AI services but rather an artificial inflation of infrastructure needs for specific, financially precarious AI developers. The CEO's statement implies a concern that the current AI boom is built on a foundation that cannot be sustained long-term. By highlighting the 'unprofitable' nature of OpenAI and Anthropic, Zitron suggests that their business models are not yet generating sufficient revenue to justify the massive investments being made in their development and infrastructure. This perspective challenges the optimistic outlook often presented by companies and analysts within the AI sector, urging a more critical examination of the underlying economics. The implication is that the aggressive AI spending by companies like Microsoft and Amazon, while seemingly a sign of industry health, may actually be propping up companies that are not yet commercially viable on their own. Zitron's commentary comes at a time when AI has become a central focus for many technology companies, with significant investments being channeled into research, development, and deployment of AI technologies. The race to develop more advanced AI models and integrate them into existing products and services has led to a surge in demand for computing power and specialized hardware, driving the substantial CapEx observed. However, Zitron's remarks serve as a cautionary note, suggesting that the rapid growth in spending does not automatically translate to sustainable business success for all players in the AI landscape. His assertion that "everyone has been sold a lie" underscores a belief that the market's enthusiasm for AI may be outpacing a realistic assessment of its current economic viability.