Amazon spent decades building a machine designed to make consumers come back constantly. Walmart has had one all along. It’s called grocery. Food and beverages now account for roughly 60% of Walmart’s retail business. Findings in the September 2026 edition of the Share of Wallet:...
American businesses are reportedly turning to lower-cost “open” artificial intelligence models to gain control over rising tech expenses. As the Financial Times (FT) reported Sunday (Sept. 27), open-weight models, which users can run on their own hardware, can be less costly for companies than paying...
OpenAI has revealed another incident in which one of its artificial intelligence models has breached a third-party website. The AI startup wrote in a blog entry Friday (Sept. 25) that an AI agent “attempting to complete a search-based training task queried a public chatbot service...
A federal jury has awarded headphone maker Taction a record $5.7 billion in its patent lawsuit against Apple. As Reuters reported Friday (Sept. 25), jurors found that Apple’s Taptic Engine, used in iPhones and Apple Watches to create haptic feedback, infringed on two Taction patents....
Brazilian digital bank Nubank is reportedly interested in buying U.K. FinTech Monzo. Such a deal would value Mozno at up to £10 billion ($13.2 billion), the Financial Times (FT) reported Saturday (Sept. 26), citing two sources familiar with the matter. Sources told the FT there...
Walmart’s CEO says the retailer has no plans to use customer data to set personalized prices. John Furner issued a letter to customers Friday (Sept. 25) arguing that such a practice would violate the company’s Every Day Low Prices (EDLP) ethos. “Prices can change,” the...
Block has joined the x402 Foundation to help advance open, agentic commerce, Steve Reis, head of product, Block Financial Platform, said in a Thursday (Sept. 24) blog post. As a member of this open standard for agentic payments, Block will bring its experience across payments and consumer products to the Foundation’s working groups,...
University Hospital at Downstate is piloting an ambient artificial intelligence (AI) scribe with 50 physicians across family medicine, internal medicine, cardiology and the emergency department. The tool has drafted notes for more than 900 patient encounters since May, Altera Digital Health said on Tuesday (Sept....
A chief financial officer can only optimize the cash they can see. An invoice arriving outside an integrated B2B environment gives finance less time and potentially less information to decide how the resulting obligation should be managed. Until recently, the inconvenience of missing or incomplete...