OpenAI’s (MSFT) efforts to turn ChatGPT into a go-to personal shopper are off to a slow start, according to The Information
OpenAI's slow start in developing ChatGPT as a personal shopping assistant suggests challenges in standardizing merchant data and gaining consumer adoption.
Snowflake (SNOW) announces plans to acquire Observe to deliver AI-Powered observability
CrowdStrike (CRWD) to acquire SGNL, to be paid for predominantly in cash with a portion in stock. Expected to close in Q1-27.
OpenAI’s (MSFT) efforts to turn ChatGPT into a go-to personal shopper are off to a slow start, according to The Information
US 2025 holiday sales USD 294bln, +4% Y/Y, Salesforce (CRM) reports. Influenced by AI and agents.
LVMH (MC FP) is reportedly looking to sell its watchmaking brand Zenith, citing large financial losses, via Swissinfo; sources suggest the "sale file is ready"
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- OpenAI is still working on standardizing and structuring merchant data
- Stripe explored acquisition or acquire to boost Ai commerce efforts
- Merchant, consumer adoption remains a broader question
This may impact Microsoft’s AI strategy and its integration into e-commerce, raising questions about competitive positioning and the long-term viability of AI commerce initiatives. Additionally, any potential acquisition by Stripe highlights the urgency in the space, signaling a broader interest in enhancing AI capabilities for commerce.
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