Amazon is piloting a new $9.99 monthly grocery subscription for Prime members in three cities

Amazon is piloting a new grocery subscription offering for Prime members in three cities, the company revealed on Thursday. The new $9.99 per month subscription gives Prime members access to unlimited free grocery delivery on orders over $35 from Whole Foods Market and Amazon Fresh. The subscription also offers unlimited 30 minute pickup on orders … Continue reading Amazon is piloting a new $9.99 monthly grocery subscription for Prime members in three cities

Elon Musk’s xAI company is seeking up to $1 billion in investments

Illustration by Kristen Radtke / The Verge; Getty Images xAI — the AI company founded by Elon Musk — seeks to raise up to $1 billion in equity investments, according to a filing with the Securities and Exchange Commission (as spotted by CoinDesk). The company has raised $134.7 million so far. Founded in April, xAI … Continue reading Elon Musk’s xAI company is seeking up to $1 billion in investments

Omniful, a supply chain and e-commerce enablement startup, emerges from stealth with $5.85M

Supply chain and e-commerce enablement startup, Omniful, has today emerged from stealth with $5.85 million seed funding led by VentureSouq, with participation from 500 Global, DASH Ventures, Jahez Group, SEEDRA Ventures, Bunat Ventures, Hala Ventures, RZM Investments and several family offices including Al Rasheed, Siraj Holding, Al Bawardi, Al Nafea. The UAE and Kingdom of … Continue reading Omniful, a supply chain and e-commerce enablement startup, emerges from stealth with $5.85M

Mastercard launches Shopping Muse, an AI-powered shopping assistant

Mastercard is launching a new generative AI shopping tool called “Shopping Muse” that is designed to help users get personalized product recommendations. The tool is powered by Dynamic Yield, a personalization company that was acquired by Mastercard in April 2022. Mastercard says the idea behind Shopping Muse is to “revolutionize how customers search for and … Continue reading Mastercard launches Shopping Muse, an AI-powered shopping assistant

Spotify laying off 17 percent of employees across the company

In a pre-holiday shocker, Spotify is laying off 17 percent of its workforce across the company, CEO Daniel Ek announced in a company press release. The cuts are being made due to what Ek called "the challenges ahead" and he elected to make them immediately instead of doing smaller reductions over time. Affected employees will … Continue reading Spotify laying off 17 percent of employees across the company