News

Artificial Intelligence
Unilever Cuts Order Processing to 90 Seconds With AI Agents
October 29, 2026

About 2 million of Unilever’s roughly 20 million annual orders still arrive as emails, PDFs, spreadsheets and photos of paper forms, and each one used to take a person 15 to 20 minutes to key in. A system of five AI agents called NOVA now...

Artificial Intelligence
Google’s AI Exposure Exceeds the $1 Trillion It Reported
October 29, 2026

Google parent Alphabet has said demand for cloud services is rapidly increasing, citing growth in unfulfilled contracts. However, a Bloomberg News report Thursday (Oct. 29) points to a quarterly filing from the tech giant saying that upwards of a third of that quarterly growth stems from a joint venture that...

Investments
Kalshi Becomes $40 Billion Company With New Funding Round
October 29, 2026

Kalshi says it is now a $40 billion company following a $1 billion funding round. “This funding accelerates our long-term vision: building the next-generation financial exchange,” the prediction market said in announcing its Series G Thursday (Oct. 29). “An exchange that gives individuals, businesses, and institutions more direct...

Artificial Intelligence
Fiverr Pivots to AI Agents as Traditional Search Erodes
October 29, 2026

Fiverr is restructuring its digital architecture to adapt to what its CEO calls a fundamental upheaval in internet search. With search engine optimization losing ground to artificial intelligence assistants, the freelance marketplace is shifting focus from traditional web discovery toward direct integrations with AI platforms like...

Payment Methods
Shopify Connects AI Shopping Agents to Merchant Checkout
October 29, 2026

Shopify has embedded agentic payment technology developed by Visa, Mastercard and American Express into its checkout feature, Shop Pay. “I’m excited to share that we’re working with Visa, Mastercard, American Express and Discover to enable buyers to securely use Shop Pay at any merchant, whether...

Banking
UBS Employees Run 12,700 AI Agents as Bank Automation Accelerates
October 29, 2026

UBS employees are using more than 12,700 personal artificial intelligence agents in their daily activities, the bank said in a press release outlining its third quarter results. These AI tools include ones used for software development, which are employed by 18,000 of UBS’s software developers,...

Artificial Intelligence
CFTC’s Selig Sees Role for Compute Futures, Rules for AI Trading Agents
October 29, 2026

Commodity Futures Trading Commission (CFTC) Chairman Michael Selig outlined a potential role for derivatives markets in financing the artificial intelligence (AI) economy, arguing that businesses will need tools to hedge computing costs. At the same time, he said, regulators confront unresolved questions about autonomous trading...

Artificial Intelligence
AI Is Stepping Up to Care for the Elderly
October 29, 2026

Most people do not think about elder care until they have to. Then they find out how expensive it is, how hard to access, and how much of it falls on whoever is closest. Artificial intelligence agents are beginning to take on parts of that...

Delivery
DoorDash Will Pay $17 Billion to Acquire Instacart
October 29, 2026

DoorDash is set to acquire online grocery delivery platform Instacart in a deal worth $17 billion. The acquisition, announced Thursday (Oct. 29), creates a combined entity offering grocers and retailer access to DoorDash’s delivery network and Instacart’s grocery and fulfillment technology, the companies said in a Thursday (Oct. 29)...