Amazon.com, Inc. (NASDAQ:AMZN) is one of the 10 Best Stocks in Chase Coleman’s Tiger Global Portfolio.
On June 4, 2026, Amazon.com, Inc. (NASDAQ:AMZN) unveiled its next-generation Proteus autonomous robot as part of a €10 billion investment to modernize its European fulfillment network
The updated technology uses advanced AI to interpret natural-language commands from employees, eliminating the need for technical programming. Proteus can operate across fulfillment and delivery sites and handle strenuous tasks such as moving 400-kilogram carts over long distances. Alongside expansions of the Vulcan and STARK robotic systems, this modernization initiative aims to support the company’s European fulfillment workforce expansion by 25,000 employees over the coming years.
Currently piloted in the company’s labs, Proteus is planned for European deployment in early 2027. On the same day, in a separate event, Pinterest (PINS) signed a $4 billion AI infrastructure deal with Amazon.com, Inc. (NASDAQ:AMZN)’s AWS through 2031. The deal marks the largest infrastructure commitment in Pinterest’s history.