Amazon Partners with Hyundai for Online Car Sales in 2024

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Big tech company Amazon, currently building its new LLM codenamed Olympus, is set to introduce online vehicle sales in the U.S. in 2024, with Hyundai, as part of their strategic partnership. This collaboration aims to enhance the vehicle buying experience, integrate Alexa into upcoming Hyundai models, and revolutionise customer interactions and business operations through Amazon Web Services (AWS).

Some exciting news for customers: https://t.co/Zxxvz11v5W will be launching online vehicle sales in the U.S. next year, starting with @Hyundai. Will be part of our strategic partnership with them to help make the buying experience easier, add the Alexa experience into their…

— Andy Jassy (@ajassy) November 16, 2023

Now auto dealers will be able to sell vehicles through Amazon’s U.S. store in 2024, with Hyundai being the inaugural brand available for purchase. This digital shopping experience allows customers to browse, select, and purchase cars online, providing the flexibility to either pick up the vehicle or have it delivered by their local dealership. 

The process involves searching for vehicles on Amazon based on preferences, selecting a car, and completing the transaction within the familiar Amazon interface.

This multiyear agreement involves migrating on-premises applications to AWS, enabling Hyundai to adopt a cloud-first technology strategy. Prioritising areas like manufacturing, supply chain optimisation, security, disaster recovery, and connected vehicle development, Hyundai aims to leverage AWS capabilities, including AI and the IoT.

Furthermore, Hyundai’s next-generation vehicles, starting from 2025, will integrate Alexa for a more responsive and interactive driving experience like playing music, setting reminders, updating to-do lists, and managing smart home devices while on the road. 

After being quiet for a while in the space of generative AI, Amazon’s Olympus is expected to enhance features across Amazon platforms, including the online retail store, Alexa voice assistant, and AWS. Olympus aims to outperform its predecessor, “Titan,” which faced delays last year due to performance issues compared to OpenAI’s ChatGPT. The official announcement by AWS is expected in December. 

Read more: [Exclusive] AWS’ Generative AI Play for Bedrock

The post Amazon Partners with Hyundai for Online Car Sales in 2024 appeared first on Analytics India Magazine.

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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Amazon Partners with Hyundai for Online Car Sales in 2024

Big tech company Amazon, currently building its new LLM codenamed Olympus, is set to introduce online vehicle sales in the U.S. in 2024, with Hyundai, as part of their strategic partnership. This collaboration aims to enhance the vehicle buying experience, integrate Alexa into upcoming Hyundai models, and revolutionise customer interactions and business operations through Amazon Web Services (AWS).

Some exciting news for customers: https://t.co/Zxxvz11v5W will be launching online vehicle sales in the U.S. next year, starting with @Hyundai. Will be part of our strategic partnership with them to help make the buying experience easier, add the Alexa experience into their…

— Andy Jassy (@ajassy) November 16, 2023

Now auto dealers will be able to sell vehicles through Amazon’s U.S. store in 2024, with Hyundai being the inaugural brand available for purchase. This digital shopping experience allows customers to browse, select, and purchase cars online, providing the flexibility to either pick up the vehicle or have it delivered by their local dealership. 

The process involves searching for vehicles on Amazon based on preferences, selecting a car, and completing the transaction within the familiar Amazon interface.

This multiyear agreement involves migrating on-premises applications to AWS, enabling Hyundai to adopt a cloud-first technology strategy. Prioritising areas like manufacturing, supply chain optimisation, security, disaster recovery, and connected vehicle development, Hyundai aims to leverage AWS capabilities, including AI and the IoT.

Furthermore, Hyundai’s next-generation vehicles, starting from 2025, will integrate Alexa for a more responsive and interactive driving experience like playing music, setting reminders, updating to-do lists, and managing smart home devices while on the road. 

After being quiet for a while in the space of generative AI, Amazon’s Olympus is expected to enhance features across Amazon platforms, including the online retail store, Alexa voice assistant, and AWS. Olympus aims to outperform its predecessor, “Titan,” which faced delays last year due to performance issues compared to OpenAI’s ChatGPT. The official announcement by AWS is expected in December. 

Read more: [Exclusive] AWS’ Generative AI Play for Bedrock

The post Amazon Partners with Hyundai for Online Car Sales in 2024 appeared first on Analytics India Magazine.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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