The Amazon spokeswoman didn’t provide details on the acquisition or the company’s motivations but said Amazon deeply cares about customer privacy and security, and designs products so customers can be in control of their experience. The same would apply to Bee, she said. Bee’s Zollo didn’t respond to a request for comment.

Amazon has acquired the AI wearables startup Bee, which makes a bracelet and an Apple Watch app that record your day-to-day life to function as an AI assistant.

The deal, though not yet closed, gives Amazon access to new wearable AI technologies that have the capacity to constantly monitor their owners' audio. Why It Matters. Amazon's acq

Wall Street inched to more records Thursday as gains for Alphabet and artificial-intelligence stocks helped make up for Tesla’s steep tumble. The S&P 500 added 0.1% to its all-time high set the day before.

Asian shares are lower after Wall Street inched to more records as gains for Alphabet and artificial-intelligence stocks offset a steep tumble for EV-maker Tesla

U.S. stocks capped another strong week with more records on Friday. The S&P 500 rose 0.4% to set an all-time high, the fifth time it did so this week. The Dow Jones Industrial