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News
Stripe's Product Chief Says AI Agents Will Kill the Checkout Page
3+ week, 20+ hour ago (315+ words) Stripe president of product Will Gaybrick told a16z's podcast that checkout pages are becoming obsolete as AI agents shop and pay directly through APIs. He also revealed that autonomous coding agents already handle about 30% of Stripe's code merges, underscoring how…...
Alibaba's Cloud Unit Posts Fastest Growth in 22 Quarters as AI Spending Bites
3+ week, 1+ day ago (414+ words) Alibaba's cloud unit posted 45% revenue growth in the June quarter, its fastest pace in 22 quarters, as AI products now make up 35% of cloud revenue. Group profit fell 75% on heavy AI capex, but CEO Eddie Wu says the spending will pay…...