In advancing its AI capabilities, Amazon has struck a deal with Anthropic that includes an investment of up to $4 billion, giving it a minority ownership stake in the company. Amazon developers and engineers will be able to build using Anthropic models via Amazon...
Artificial intelligence is a development that younger consumers believe will enhance shopping experiences. In a research study by e-commerce technology company Rokt and Harris Poll, 88% of Gen Zers globally said they think AI can improve online shopping. About 55% of...
To advance its omnichannel capabilities, Crate & Barrel Holdings has launched “Bring it Home,” a multi-year investment plan centered on the customer experience and designed to pave the way for continued growth across the organization. Through...
Newegg Commerce has expanded on its use of consumer-facing AI by launching summarized customer reviews generated via artificial intelligence. Last month, Newegg introduced a new AI-based approach to housewares and home furnishing that organized shopping around a...
In its launch of Decorify, Wayfair is giving consumers an AI-enhanced means to virtually remodel their home spaces before purchasing the real-world products needed to do so. In this pilot application, as Wayfair termed it, Decorify uses a generative AI model that...