What to expect from Amazon's Alexa event on Wednesday
1. Amazon hosts major Alexa event in NYC after a two-year hiatus. The event is not live streamed. 2. Upgraded Alexa, codenamed Remarkable Alexa, introduces generative AI and subscription fees. It targets natural, multi-request interactions. 3. Smart home integrations expand with iRobot and Philips partnerships. Enhanced interoperability is expected. 4. Subscription model aims to address billions in Alexa business losses. The upgrade may roll out by late March.