Amazon.com Inc. NGT-T +0.20% has reached a deal to buy San Francisco-based Bee, a startup making an artificial intelligence-enabled bracelet to listen in on and transcribe conversations.

As Amazon spends this year attempting to bolster its AI bonafides, the internet retail giant is reportedly acquiring Bee, a startup that makes an AI wearable for your wrist.

The motivation behind acquiring a small startup like Bee suggests that Amazon may have plans to launch an AI-powered wearable device in the future.