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Visa plugs its payment network into ChatGPT letting AI agents shop, pay for usersIt is not OpenAI's first attempt at e-commerce. The company late last year announced Instant Checkout, which allowed ChatGPT to scour the i...- Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
- Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
- Speed, cost, accessibility key in next phase of AI race, says Sundar PichaiSpeaking to the media ahead of Google’s annual developer conference Google I/O, Pichai said the industry is entering a phase where efficien...
- Microsoft eyeing startup deals for life after OpenAIMicrosoft is actively seeking AI startups for potential acquisitions. This move aims to bolster its AI talent and develop a cutting-edge AI...
- Meta plans advanced 'agentic' AI assistant for users: ReportMeta is developing a personalised AI assistant for its users. This advanced digital assistant will use its new Muse Spark AI model. The com...
- Ebay's 30-year journey: From a bidding marketplace to takeover targetGamestop has proposed a massive fifty-six billion dollar deal to acquire EBay. The videogame retailer, known for its meme-stock fame, is pr...
- Walmart self checkout: Why are Costco, Target removing self checkout?Self checkout means Customers could avoid long lines by scanning and bagging their own items, workers could be freed of doing those monoton...
- Platforms, brands accelerate agentic commerce push as fintechs plug payment gapsIndian ecommerce giants like Flipkart and Bigbasket are building AI storefronts to enable agentic commerce, allowing AI to shop autonomousl...
- AI firms flex lobbying muscle on both side of AtlanticAI companies are spending heavily to shape new regulations in Europe and the United States. They are also engaging the public, promoting AI...
- Yelp introduces an AI chatbot to help users sift local recommendationsYelp is launching an AI chatbot to help users sift through millions of reviews. This new tool aims to provide personalized recommendations ...
- ETtech Explainer: How Meta's Muse Spark fares against Anthropic's Opus, OpenAI's GPT, Google's Gemini modelsMuse Spark is the first model from the Meta Superintelligence Labs. It is a natively multimodal, reasoning-focussed AI model, designed to p...
- Perplexity’s revenue has shot up 50% in one month, amid shift in focus to AI agents: FTPerplexity’s revenue jumped 50% in a month, crossing $450 million ARR, as it pivots towards AI agents. Growth is driven by new tools, usage...
- OpenAI projects 220 million paying ChatGPT users by 2030: The InformationOpenAI anticipates a significant surge in paid ChatGPT users. By 2030, an estimated 220 million weekly users are expected to subscribe. Thi...
- PayPal stock skyrockets 14% after OpenAI deal to embed payment system into ChatGPTPayPal made a big move by teaming up with OpenAI to bring shopping inside ChatGPT. The company also showed confidence in its future by impr...
- How deals with OpenAI have led to share surges for its partnersOpenAI is making massive deals worth over a trillion dollars. These agreements secure computing power for its AI goals and hardware plans. ...
- OpenAI partners with Walmart to let users buy products in ChatGPT, furthering chatbot shopping pushOpenAI and Walmart are joining forces to allows shoppers buy directly within ChatGPT. Walmart's products will be available for instant chec...
- ET Explainer: OpenAI’s direct shopping via ChatGPT puts ecomm on noticeOpenAI has launched “Instant Checkout” in ChatGPT, letting US users complete purchases directly in-app, starting with Etsy and soon Shopify...
- OpenAI partners with Etsy, Shopify on ChatGPT checkoutInstant Checkout has been rolled out to US ChatGPT Pro, Plus and Free logged-in users buying from US Etsy sellers.
- How to get a talent all to yourself 101OpenAI's board may have overlooked Satya Nadella's presence, as Microsoft partnered with the company to cut out the middleman and focus on ...
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