Visa Launches Platform for AI Agent Payments
Visa has introduced Intelligent Commerce Connect, a platform enabling AI agents to browse and pay for goods on behalf of users. The move signals growing competition in agent-driven commerce.
Visa has introduced Intelligent Commerce Connect, a platform enabling AI agents to browse and pay for goods on behalf of users. The move signals growing competition in agent-driven commerce.
OpenAI has overhauled ChatGPT’s shopping features, focusing on product discovery after scaling back its Instant Checkout initiative. The update introduces visual browsing and merchant integrations.
World introduced AgentKit, a developer tool that verifies human identity behind AI agents making online purchases using blockchain-based protocols.
Contra unveiled Contra Payments, a new platform enabling creatives to sell products and services directly to both humans and AI agents, marking a shift toward “agentic commerce.”
Instacart’s stock jumped over 14% after better-than-expected Q4 revenue, strong transaction growth, and an optimistic forecast eased concerns about competition in grocery delivery.
Uber Eats is rolling out an AI-powered Cart Assistant that lets customers build grocery lists using text or images, factoring in preferences and store availability.
Mark Zuckerberg announced that Meta will release new AI models and products in the coming months, with a focus on AI-driven shopping assistants leveraging personal context.
A consumer watchdog raised concerns that Google’s new AI shopping protocol could enable personalized upselling and pricing. Google rejected the claims, saying its tools cannot alter prices based on user data.
Walmart and Google are launching a new shopping experience inside Gemini, combining Google’s AI with Walmart and Sam’s Club’s vast assortment, fast delivery, and personalized commerce powered by the Universal Commerce Protocol.
Google introduced the Universal Commerce Protocol, an open standard for agentic commerce, enabling AI-driven shopping, checkout, and branded agent interactions across retailers and platforms.
PayPal and Microsoft are integrating checkout and payments directly into Copilot, allowing users to discover products and complete purchases without leaving the AI interface. The rollout begins on Copilot.com and expands PayPal’s agentic commerce strategy.
AI commerce startup Spangle raised $15 million in a Series A, valuing the company at $100 million. Its software delivers real-time, personalized shopping experiences for retailers using AI-generated recommendations.
Amazon’s “Shop Direct” and “Buy for Me” features are drawing criticism from online retailers whose products were listed without consent, raising concerns about AI-driven sales practices.
Instacart will stop AI-powered pricing experiments on its platform following scrutiny from lawmakers and a Consumer Reports study highlighting price variations for identical items.
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