OpenAI has signed a partnership agreement with Visa that allows the company’s AI agents to use the payment card for e-commerce transactions. The agreements lets users shop for everything from groceries and diapers to airline tickets without having to manually enter a lot of information.
“As AI agents become active participants in the economy, Visa’s focus is on ensuring that transactions are reliable, secure, and seamless,” Visa Chief Product and Strategy Officer Jack Forestell said in a statement, according to AP.
The pact means AI agents can complete purchases on a user’s behalf at virtually any merchant that accepts Visa. Details about the financial terms of the agreement, or whether specific transaction fees will apply, were not immediately detailed.
AI's elevation to a geopolitical issue may drive nations to seek tech sovereignty, potentially fragmenting the global AI ecosystem.
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The company’s latest agentic AI tools promise faster enterprise automation, but the more revealing story is the infrastructure AWS is building to monitor and contain them.
The talent shift highlights a strategic pivot in AI firms towards direct enterprise engagement, reshaping future industry revenue dynamics.
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Anthropic ended May by overtaking OpenAI in business market share for the first time, according to data from Ramp, with AI subscriptions rising to 41% against OpenAI’s 39.5%. The milestone coincided with a $65 billion raise at a near-trillion-dollar valuation and the confidential filing of IPO paperwork off the back of its first profitable quarter. […]
There’s no shortage of agentic AI tools out there that offer to perform online tasks on your behalf, if only you’ll give them all your passwords and credit card details. The trouble starts when those agents don’t know when to stop — or when others don’t know to stop them.
In Estonia, the country’s AI Council has plans to change that, proposing to issue government-backed digital identities for AI agents that spell out what powers a person or company is willing to delegate to them.
“In the future, AI will increasingly perform digital operations on behalf of a person, company, or institution,” said Estonian Prime Minister Kristen Michal in a news release. “To do this, it must be clear who is acting, on whose behalf, with what rights, and who is responsible.”
He supported the AI Council’s proposal to create a digital identity for AI agents that will define agents’ rights and enable them to act in a verifiable and auditable manner.
The ID could, the council suggests, show whether an agent i
The G7 summit highlights the growing geopolitical tensions over AI access, prompting nations to consider developing independent AI capabilities.
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Insider Brief PRESS RELEASE — RELAI has launched a verifiable continual learning platform for AI agents, and announced $6.9 million in total funding to scale it. The funding includes a newly secured $5.4 million pre-seed round led by .406 Ventureswith participation from AITFund (“AI Tinkerers Fund”) and other strategic investors, along with $1.5 million in prior investment support from Non […]