Visa’s group president notes that $11 trillion in global cash won’t vanish overnight but will fuel digital payments growth for years. PYMNTS data shows mobile wallets now account for 35% of online and 21% of in-store transactions in major economies, signaling a major shift in how we pay.
Google’s Nick Fox says optimizing for its new AI search is identical to traditional SEO. This comes as a survey finds 77% of e-commerce firms are rethinking marketing due to AI.
A CEO’s guide warns that the rapid advancement of AI has created a dangerous “linguistic gray zone” between business and tech leaders. Not understanding terms like RAG or reinforcement learning is now a strategic risk.
Jim Cramer is urging Amazon not to proceed with a reported $10 billion investment in OpenAI. He calls the potential deal, where OpenAI would use Amazon’s custom AI chips, a “sham-like” circular arrangement that echoes the dangerous speculation of the dotcom era.
A report from the Institute for Corporate Productivity signals a major shift. Companies are poised to use AI not just for productivity, but as a strategic lever for workforce restructuring, with significant layoffs already underway.
Demis Hassabis, CEO of Google DeepMind, says the current frenzy around AI startup funding is creating unsustainable “bubbles.” He points to companies raising at “tens of billions” valuations with little to show, predicting a market correction is on the way.
A coalition of developers says Apple is still flouting the EU’s Digital Markets Act, imposing fees of up to 20% on outside transactions. They warn the uncertainty is freezing investment and giving European users a worse deal than Americans.
Mars is pushing AI into its vast empire, from veterinary diagnostics to consumer apps. The company has invested over a billion dollars in digital transformation and is now betting AI can reimagine its future. But integrating this tech across candy, pet food, and animal hospitals is a massive operati
Rolling out enterprise AI means tackling both technical and cultural cliffs. The biggest hurdle might be getting employees to speak up without fear. Here’s why that’s so hard to fix.
A US House Judiciary subcommittee held a hearing titled “Anti-American Antitrust” on December 16. The session featured three expert witnesses who argue foreign regulations, particularly from the EU, are discriminatory and harm US innovation.
