Topic: e-commerce innovation
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VLGE Simplifies World Building and Shopping on Roblox
VLGE enables fashion brands to create interactive, shoppable worlds on platforms like Roblox, addressing the industry's need for sustainable and engaging digital experiences to connect with Generation Z. The platform, backed by $5 million in funding, has attracted major partners and will host Wor...
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Shop Walmart Directly in ChatGPT
Walmart has partnered with OpenAI to allow customers to purchase a variety of goods, including groceries and household items, directly through ChatGPT with instant checkout by linking their accounts. The collaboration aims to personalize and anticipate customer preferences, shifting online shoppi...
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Google's New Protocol Secures AI Agent Deals, Backed by 60 Firms
Google has launched the Agent Payments Protocol (AP2), an open standard backed by over 60 companies to ensure secure and reliable AI-driven transactions. AP2 uses cryptographically signed Mandates to authorize purchases with user consent, supporting various payment methods and ensuring accountabi...
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Amazon's AI Explains Why You Should Buy Recommended Products
Amazon has launched "Help me decide," an AI feature that provides personalized product recommendations by analyzing user data like search history and past purchases. The tool uses large language models and Amazon services such as AWS Bedrock and SageMaker to efficiently process data and generate ...
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Visa's AI-Powered Payments Expand to More Apps with MCP Support
Visa has expanded its Intelligent Commerce platform to support the Model Context Protocol (MCP), enabling developers to create smarter, AI-driven payment experiences. The integration includes the Visa Acceptance Agent Toolkit, which simplifies building AI commerce agents with natural language com...
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33 Startups Chosen for ITIDA's Creativa Incubation Program Third Cohort
The Creativa Incubation Program has selected 33 startups from diverse sectors like educational technology and renewable energy to receive comprehensive support. Each startup will get up to EGP 360,000 in financial and in-kind aid, along with mentorship, networking, and access to co-working spaces...
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Doji Secures $14M for AI-Powered Virtual Try-On Avatars
Doji, an AI-powered virtual try-on platform, raised $14 million in seed funding to enhance its avatar-based fashion app, offering personalized shopping experiences. The app creates photo-realistic custom avatars from user photos, suggests outfits based on preferences, and allows users to visualiz...
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Prime Day Boosts U.S. E-Commerce to $24B, AI Traffic Soars 3,300%
Amazon's Prime Day 2024 set a U.S. e-commerce record with $24.1 billion in sales, marking a 30.3% year-over-year increase and doubling Black Friday's online revenue. AI-powered shopping tools saw a 3,300% surge in usage, while social media influencers drove nearly 20% of purchases with significan...
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