Ramp Raises $1.85 Billion at a $60 Billion Valuation
Ramp announced on October 15 that it had raised $1.85 billion, four months after a smaller round that valued the business at a fraction of what it is worth today.…
Shopify Hands the Final Click to Browsers’ AI Agents
The last step of an online purchase has long been stubbornly human. A shopper scrolls the checkout, retypes a shipping address, picks a card and presses pay. On Monday, Shopify…
Instinct Raises a $1 Billion Series C From Sequoia, Benchmark and Coatue
Instinct, a startup building a personal AI agent that answers the phone and runs errands on a user’s behalf, said on September 28 that it has raised a $1 billion…
PayPal Lets Meta’s Muse Agent Check Out on Its Network
When Meta’s Muse agent shops for a user, the transaction has to end somewhere: a payment button, a merchant’s checkout page, a card on file. On Tuesday, PayPal said it…
Meta’s Muse Tops the Charts, Then Runs Into Amazon
Meta released Muse on Sept. 8 with a simple pitch: a personal AI agent that could book tickets, sort email and act across the web on a user’s behalf. The…
Amazon Bars Meta’s Muse From Its Store as Shopify Signs On
One evening last week, a Meta customer asked the company’s new personal AI assistant to buy something on Amazon, and the order never went through. At checkout, the shopper saw…
Meta Cuts Off Manus as It Unwinds a $2 Billion Deal
Inside Meta Platforms, the internal memo said it plainly: Manus is being “sunset.” Staff were told to migrate existing Manus projects onto Meta’s own systems and not to begin new…
