Feed Items
Uber has teamed with carmaker Rivian to boost both companies’ autonomous vehicle efforts.
The two companies expect to deploy 10,000 fully autonomous R2 robotaxis in the first phase of that effort, Rivian said in its announcement Thursday (March 19). The initial deployments are set to begin in Miami and San Francisco in 2028 and expand to 25 cities by 2031.
As part of the arrangement,...
Meta said Thursday (March 19) that over the next few years, it will shift the content enforcement efforts on its apps from the current third-party vendors to the company’s new artificial intelligence systems.
“While we’ll still have people who review content, these systems will be able to take on work that’s better suited to technology, like repetitive reviews of graphic content or...
Three of the largest companies in telecom and technology are pushing artificial intelligence out of far-flung data centers and into the infrastructure of everyday life, a shift that lets AI act on information the moment it is created rather than after a round trip to a remote server.
A new set of announcements from telecom and infrastructure companies at Nvidia GTC shows how quickly...
The federal bank regulators are seeking comment on three proposals they said would streamline capital requirements for banks of all sizes, better align regulatory capital with risk, and maintain the safety and soundness of the banking system.
The Federal Deposit Insurance Corporation (FDIC), Federal Reserve Board and Office of the Comptroller of the Currency (OCC) announced the...
Alibaba Group saw growth across both its cloud and eCommerce segments during the quarter ended Dec. 31, according to a Thursday (March 19) earnings release.
Overall, the company saw year-over-year revenue growth of 2%. When revenue from two businesses that Alibaba sold (Sun Art and Intime) is excluded, that figure rises to 9%, according to the release.
The company’s Cloud Intelligence...
Google has updated its Universal Commerce Protocol (UCP), the agentic commerce standard launched in January.
Since then, the tech giant said on its blog Thursday (March 19), the company has worked with “community contributors” on new options for the UCP.
Among these is a new “Cart” option that lets agents save or add multiple items to a shopping cart at the same time from a single...
Payments and digital banking company Klarna says its Klarna Card now has 5 million customers.
In announcing the milestone Thursday (March 19), the Swedish FinTech said this highlights rapid adoption by consumers seeking more control over their money.
“The pace of adoption shows a clear shift in how consumers want to manage everyday spending,” David Sandström, chief marketing officer at...
Prediction market Polymarket has signed a new agreement with Major League Baseball (MLB).
This agreement makes Polymarket the baseball’s official prediction markets exchange, the league announced Thursday (March 19).
“A key component of the partnership between MLB and Polymarket will be establishing a comprehensive integrity framework, which includes working together to restrict...
House Republicans want to draw new boundaries between the Federal Reserve and the U.S. Treasury.
In a hearing held on Wednesday (March 18), the House Financial Services Committee’s Task Force on Monetary Policy, Treasury Market Resilience, and Economic Prosperity examined the Treasury-Fed Accord, a 1951 agreement designed to separate monetary policy and government debt management....
Retailers today are operating under intense margin pressure from multiple directions.
eCommerce has introduced higher fulfillment and return costs, while supply chain volatility has increased inventory risk. At the same time, consumers have been conditioned by years of price competition and digital transparency to expect both low prices and frequent promotions.
This creates a...