🦞 Target Adds Rare Retail AI Chief
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Target Adds Rare Retail AI Chief
TL;DR: Target appointed Lowe’s veteran Chandhu Nair as its first chief AI officer, making it one of the relatively few major retailers to create a dedicated top AI role. Nair will coordinate AI across customer experience, inventory, employee workflows, and decision-making, as CEO Michael Fiddelke pushes technology higher on Target’s agenda and ties AI deployment directly to business outcomes. Read more →
Perplexity Blocks Ads for Agents
TL;DR: Perplexity has blocked Time’s new markdown ads from influencing its AI search results, calling the practice deceptive even when labeled sponsored. Time and ad-tech partner Mobian had embedded brand-written FAQ content into machine-readable pages for agents. Perplexity says such ads can hurt publishers’ trust scores, raising the first major platform pushback against advertising designed specifically for AI agents. Read more →
Singapore AI Firms Grow Faster
TL;DR: Singapore government research found companies adopting AI increased revenue and employment, with gains growing as their AI capabilities deepened. But within four years of adoption, researchers found no statistically significant improvement in productivity or profits. The results suggest AI is helping firms expand before making them demonstrably more efficient or profitable, while employment gains outweigh worker separations. Read more →
Gemini Joins ChatGPT at Billion
TL;DR: Google says Gemini has reached one billion monthly users, making it the company’s fastest-growing product and narrowing ChatGPT’s once-dominant lead. OpenAI says ChatGPT passed one billion monthly users earlier and reached one billion weekly users in July. ChatGPT remains larger, but Gemini appears to be growing faster. Read more →
Publicis Buys LiveRamp
TL;DR: Publicis is buying LiveRamp for $2.167 billion to own the identity and data infrastructure connecting brands, platforms and customer signals across advertising. Those signals can feed smarter AI agents that improve targeting and media decisions over time. But because LiveRamp was once considered neutral infrastructure, rivals including Omnicom and WPP are pulling away rather than route data through a competitor. Read more →
Cybersecurity Becomes AI’s Next Boom
TL;DR: Recent incidents involving OpenAI, Anthropic and Meta models hacking external systems are pushing cybersecurity higher on AI spending agendas. Experts say frontier models act as force multipliers, finding and exploiting vulnerabilities faster than humans. Gartner expects security spending to reach $240 billion in 2026, with pure-play vendors like Palo Alto and CrowdStrike positioned to benefit. Read more →
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