The project combines Xanadu’s algorithms team and the University of Alberta chemistry professor Alex Brown.

The Project Nessie algorithm tested Amazon price hikes against its competitors. The Project Nessie algorithm tested Amazon price hikes against its competitors. Amazon’s secret pricing algorithm, ...

New details have emerged about Amazon.com Inc.’s “Project Nessie” algorithm, which is a major focus of a lawsuit the Federal Trade Commission recently brought against the company. The Wall Street ...

Microsoft is open-sourcing its cloud-compression algorithm and optimized hardware implementation for cloud storage. Microsoft is contributing that algorithm, known as ""=""> plus the associated ...

Amazon has become ubiquitous with shopping. If you want nearly anything, you can get it on Amazon, typically for cheaper price compared to other top retailers. Plus, Prime members often receive their ...

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now Microsoft announced the public preview of ...

Last week, it seemed that OpenAI—the secretive firm behind ChatGPT—had been broken open. The company’s board had suddenly fired CEO Sam Altman, hundreds of employees revolted in protest, Altman was ...

The mysterious “Project Nessie,” hinted at in what little was not redacted in the FTC’s lawsuit against Amazon, is indeed an algorithmic pricing scheme that raised prices where it could do so safely, ...