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Amazon plans to spend more than $200 billion on AI
4+ day, 16+ hour ago (414+ words) Estefano Gomez is an editor at Crypto Briefing specializing in blockchain analysis, DeFi, and the intersection of crypto and digital art. He previously served as Editor in Chief at Interesante for over three years, where he covered blockchain technology, NFTs,…...
Instacart launches AI grocery shopping assistant Clementine to millions of US customers
4+ day, 17+ hour ago (356+ words) The grocery delivery giant is betting that 14 years of shopping data and 1.6 billion lifetime orders can make its AI smarter than the competition. Instacart has officially rolled out Clementine, a conversational AI shopping assistant, to millions of customers across the…...
eBay CEO says AI drives 50% increase in US listings per lister
5+ day, 11+ hour ago (282+ words) The company's 'Magical Listing' tool has generated over 500 million AI-assisted listings and cut average listing times by more than 25% Selling your old stuff online used to require the patience of a saint and the copywriting skills of a mid-career marketer....
Grok Bot successfully orders a Tesla Model Y for a user, marking a new era for AI commerce
2+ week, 1+ day ago (449+ words) An AI assistant just completed one of the first publicly documented high-value purchases on behalf of a real user, with security guardrails in place. An AI just bought a car. Not in a demo. Not in a controlled lab environment....
Evercore ISI raises price outlook for Amazon amid AI sales boost
2+ week, 2+ day ago (339+ words) Wall Street analyst projects Amazon's AI shopping assistant Rufus could add $56 billion in retail value by 2028 Evercore ISI analyst Mark Mahaney just handed Amazon one of the more bullish notes on Wall Street, raising his price target to $335 and projecting…...
Alibaba shares tumble as investors question AI spending splurge
2+ week, 6+ day ago (396+ words) A record share placement and a 75% profit drop have investors wondering if Alibaba's multi-billion-dollar AI bet is too much, too fast Alibaba just raised $10.2 billion to pour into artificial intelligence. The market’s response was to knock nearly 10% off the company’s…...
Fireblocks joins Agentic Payments Alliance to build infrastructure for AI-powered commerce
3+ week, 5+ day ago (319+ words) The digital asset custody giant is one of over 25 founding members, alongside Visa, Mastercard, and Circle, in a coalition aiming to standardize how AI agents handle payments. The future of commerce might not involve you at all. Or at least,…...
Circle outlines roadmap for AI agents as sellers, focusing on identity, reputation, and trust
3+ week, 6+ day ago (430+ words) The payments company is building infrastructure so AI agents can participate in commerce as trusted counterparties, not just tools. Circle, the company behind the USDC stablecoin, has published a roadmap for what it calls “agentic features,” a set of infrastructure…...
No confirmed partnership between Synchrony and OpenAI for ChatGPT shopping
3+ week, 6+ day ago (226+ words) The consumer lending giant joins a growing roster of financial services companies embedding themselves into AI-powered commerce experiences. Synchrony Financial, one of the largest consumer financial services companies in the US, is partnering with OpenAI to integrate its financing and…...