Venture capitalists pour millions into AI-driven fashion startups, with $162 million invested in 2022 alone; AI revolutionizes trend forecasting, design tools, personalization, virtual try-ons, smart manufacturing, and sustainability for the fashion industry.
AI agents are revolutionizing industries, rapidly transitioning from experimentation to integration into operations like customer service, logistics, fraud prevention, and automating repetitive tasks across finance, retail, and healthcare.
Applebee's and IHOP restaurants unveil AI-powered 'personalization engines' that analyze customers' past orders and data to recommend tailored menu items and deals, aiming to boost loyalty and upsell products through AI personalization.
Google unveiled an AI-powered shopping experience and other features at its annual developer conference, betting big on transforming how consumers find and buy products online with artificial intelligence.
Google unveils AI-powered shopping experience with virtual try-on, personalized product discovery, and agentic checkout to seamlessly buy at preferred prices.
Major Chinese tech giants like Alibaba, Tencent, and JD.com reported strong earnings driven by improving consumer spending and the growing impact of AI-powered advertising, despite recent U.S.-China trade tensions and economic headwinds.
In a massive $3.9 billion all-cash deal, DoorDash, the leading U.S. food delivery platform, has agreed to acquire British rival Deliveroo, valuing it at a 44% premium and bolstering DoorDash's global footprint after its recent acquisition of Finland's Wolt.
As credit card debt soars, lower-income earners tighten their belts on spending while wealthy consumers splurge on luxuries like dining and travel, reflecting a widening economic divide.
Trump's tariffs on Chinese imports are disrupting Amazon sellers who source from China, forcing price hikes or cost absorption, while reviving challenges in reviving U.S. manufacturing due to higher costs and lack of infrastructure, adding uncertainty across the economy.
Amazon's groundbreaking 'Buy for Me' feature harnesses AI to seamlessly purchase products from external brands' sites, expanding shopping reach while maintaining Amazon's convenience and security.