Shopify, which built itself by going after small businesses, is betting that large retailers can drive growth and move it beyond the post-pandemic e-commerce plateau. Meanwhile, Salesforce's marketing and commerce segment has been its slowest-growing business unit.
The CRM leader is focusing its attention on Data Cloud — its fastest-growing product — as part of its AI monetization strategy.
Hot: GenAI in AVs
Generative AI is accelerating the timeline for autonomous driving.
The AV sector is in the spotlight after Alphabet's robotaxi unit Waymo's blockbuster $5.6B round earlier this week.
On the tech front, we're watching how startups, big tech, and mobility incumbents are leveraging LLMs and other genAI advancements to:
- Reduce self-driving cars' training costs using synthetic environments (i.e., virtual training)
- Improve safety and transparency for self-driving cars (e.g., Waymo is using language models to better predict the motion of road agents like pedestrians)
- Facilitate passenger-car interactions and personalization (think giving your car more nuanced/complex commands)
CB Insights customers can get all the details in the full brief.
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