Volkswagen To Invest $5bn in EV Maker Rivian
German automotive major Volkswagen Group has unveiled plans to invest as much as $5bn in US-based electric vehicle (EV) manufacturer Rivian.
Shopify Ramps up AI-Powered Features To Attract More Businesses
Shopify opened up its AI-powered tools to more users in the hopes of attracting more businesses to its e-commerce platform.
In Conversation: Zendesk CTO Explains How AI Is Changing Customer Services as We Know It
Chief technology officer for US based Zendesk, Adrian McDermott, talks to Verdict about his vision for the customer experience of the future.
US Committee Unanimously Approves Legislation That Could Ban TikTok
The US government will fast-track a vote next week on legislation forcing China’s ByteDance to divest TikTok or face a complete US ban.
What Does the EU AI Act Mean for Businesses?
The EU have approved the AI Act with an overwhelming majority, marking the next step at enforcing the world’s most extensive set of AI rules.
Only Half of UK Businesses Understand AI Benefits
Only 51% of UK businesses understand the benefits of AI, with only 20% having a strong understanding of how to harness AI technology.
Walmart To Sell Its AI Software to Retailers as It Diversifies Business
Walmart is selling its AI software to other companies as the retail giant looks to diversify its business beyond grocery stores.
FTC Pursues Lifetime E-Commerce Ban for AI Scheme Owners
The orchestrators of a money-making scheme, claiming to use AI for e-commerce success, have been ordered by the FTC to surrender $21.7m.
Trust in AI Integral to SME Adoption, Says UK Tech Minister
Trust in AI is integral to promoting SME adoption of the technology, according to comments made by UK tech minister Saqib Bhatti.
TikTok Re-Enters Indonesian E-Commerce Market With $1.5bn Tokopedia Deal
TikTok has completed a deal to take over Indonesia’s largest e-commerce platform, marking a return of its e-commerce platform in the country.
Apple Vision Pro: Four Industries That Could Be Affected
Apple’s long awaited augmented reality headset, the Vision Pro, has finally arrived in the US – how will specific industries be affected?
Amazon Unveils AI Shopping Assistant Rufus
Amazon has revealed Rufus, an artificial intelligence-powered shopping assistant positioned to transform the online retail experience.
AI Can Boost Small Business Efficiency by 40%, Says New Report
AI can boost small businesses’ efficiency by 40%, according to a recent survey by The Small Business and Entrepreneurship Council (SBEC).
Video Streaming Grows but Audience Measurement Is a Concern
Video streaming services operate on multiple devices, making it difficult to track viewership consistently.
YouTube Join Forces With Universal Music on Its Music AI Incubator
To protect viewers and artists, YouTube announced it would increase its investment in AI-powered technology and improve its copyright control tool, Content ID.