{"id":16987,"date":"2025-05-02T10:04:37","date_gmt":"2025-05-02T10:04:37","guid":{"rendered":"https:\/\/www.prime-ai.com\/?p=16987"},"modified":"2025-05-02T10:08:55","modified_gmt":"2025-05-02T10:08:55","slug":"news-2025-week18","status":"publish","type":"post","link":"https:\/\/www.prime-ai.com\/en\/media\/news-2025-week18\/","title":{"rendered":"News &#8211; Week 18"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"16987\" class=\"elementor elementor-16987\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1745d025 e-flex e-con-boxed e-con e-parent\" data-id=\"1745d025\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3487f313 elementor-widget elementor-widget-heading\" data-id=\"3487f313\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">This Weeks News<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5fd04d6d e-flex e-con-boxed e-con e-parent\" data-id=\"5fd04d6d\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2cb0d546 elementor-widget elementor-widget-heading\" data-id=\"2cb0d546\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Week 18 - 2025<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-53df717b e-flex e-con-boxed e-con e-parent\" data-id=\"53df717b\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2417ab7 elementor-widget elementor-widget-heading\" data-id=\"2417ab7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Ebay transforms ecommerce with AI<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5c648424 e-flex e-con-boxed e-con e-parent\" data-id=\"5c648424\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-49258116 elementor-widget elementor-widget-text-editor\" data-id=\"49258116\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>It\u2019s been nearly 30 years since eBay Inc. first tested the public\u2019s appetite for buying and selling items over the internet. Billions of transactions later, Steve Priest, eBay\u2019s CFO since 2021, is helping lead the company as an early adopter of another emerging tech, generative AI, to enhance its finance function and customer experience. Priest and his finance team are key decision-makers in how eBay is integrating the technology into functional and operational processes to drive efficiency and simplify transactional activities. <a href=\"https:\/\/www.theaustralian.com.au\/business\/cfo-journal\/ebays-cfo-on-transforming-ecommerce-with-ai\/news-story\/09b9ae5abdfda192f5694271ee5ff25b?utm_source=prime-ai.com\">(Source)<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-57e437e1 e-flex e-con-boxed e-con e-parent\" data-id=\"57e437e1\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-16e86488 elementor-widget elementor-widget-heading\" data-id=\"16e86488\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Saks launches luxury designer goods storefront on Amazon <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2bc3baa3 e-flex e-con-boxed e-con e-parent\" data-id=\"2bc3baa3\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3dbcd1 elementor-widget elementor-widget-text-editor\" data-id=\"3dbcd1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-0\">Saks Fifth Avenue is launching a storefront on Amazon, where it will sell high-end, designer products from Dolce &amp; Gabbana and Balmain in the ecommerce giant&#8217;s latest foray into selling luxury goods, the companies said on Tuesday.<\/div><div data-testid=\"paragraph-0\">\u00a0<\/div><div class=\"text__text__1FZLe text__dark-grey__3Ml43 text__regular__2N1Xr text__small__1kGq2 body__full_width__ekUdw body__small_body__2vQyf article-body__paragraph__2-BtD\" data-testid=\"paragraph-1\">Amazon has been an investor in Saks Global, Saks Fifth Avenue&#8217;s parent company, since December, when Saks Global\u00a0purchased Neiman Marcus for $2.65 billion. <a href=\"https:\/\/www.reuters.com\/business\/retail-consumer\/high-end-department-store-retailer-saks-launches-amazon-storefront-2025-04-29\/?utm_source=prime-ai.com\">(Source)<\/a><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-26ba30fe e-flex e-con-boxed e-con e-parent\" data-id=\"26ba30fe\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-57ec41e elementor-widget elementor-widget-heading\" data-id=\"57ec41e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Visa announce push to embed its payment network into AI systems, including chatbots<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3c3e290a e-flex e-con-boxed e-con e-parent\" data-id=\"3c3e290a\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7cc7342 elementor-widget elementor-widget-text-editor\" data-id=\"7cc7342\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Soon online shoppers will be able to make purchases straight from their chatbots, which could drive the biggest shift in shopping since Amazon or the iPhone.\u00a0Visa on Wednesday announced a push to embed its payment network into AI systems, including chatbots and agents. <a href=\"https:\/\/www.axios.com\/2025\/05\/01\/chatbots-shopping-visa-ai-payments?utm_source=prime-ai.com\">(Source)<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3ddedaef e-flex e-con-boxed e-con e-parent\" data-id=\"3ddedaef\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7c9481d7 elementor-widget elementor-widget-heading\" data-id=\"7c9481d7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Shein raises US prices by up to 377% as Trump tariffs take hold<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2212f2f0 e-flex e-con-boxed e-con e-parent\" data-id=\"2212f2f0\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2b4d3a87 elementor-widget elementor-widget-text-editor\" data-id=\"2b4d3a87\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"\" data-start=\"522\" data-end=\"678\">Shein has raised prices for US shoppers, following through on its warning earlier this month that new tariffs would push operating costs higher.<\/p><p class=\"\" data-start=\"680\" data-end=\"933\">The fast fashion giant increased prices across key categories last Friday (25 April), with some products more than quadrupling in cost overnight. A 10-pack of dish cloths, previously priced at $1.28, jumped to $6.10 &#8211; a 377% rise, according to Bloomberg data. <a href=\"https:\/\/www.retailgazette.co.uk\/blog\/2025\/04\/shein-raises-us-prices\/?utm_source=prime-ai.com\">(Source)<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-595b2fa4 e-flex e-con-boxed e-con e-parent\" data-id=\"595b2fa4\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5f6fda0d elementor-widget elementor-widget-heading\" data-id=\"5f6fda0d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">ChatGPT now to recommend products and where to buy them - Is this the future for ecommerce?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-620537b6 e-flex e-con-boxed e-con e-parent\" data-id=\"620537b6\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4b54997c elementor-widget elementor-widget-text-editor\" data-id=\"4b54997c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>There were one billion searches on ChatGPT last week. And now, the platform is launching updates to its shopping experience, to create \u201cconversational shopping\u201d, parent company OpenAI announced today.\u00a0<\/p><p>From now on, when ChatGPT users search for fashion, beauty, home goods or electronics, the platform will provide personalised recommendations, visual product details, pricing comparisons across retailers, and reviews, with direct links to buy from within the ChatGPT interface from merchant websites that stock the item. <a href=\"https:\/\/www.voguebusiness.com\/story\/technology\/chatgpt-launches-new-shopping-features?utm_source=prime-ai.com\">(Source)<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>This Weeks News Week 18 &#8211; 2025 Ebay transforms ecommerce with AI It\u2019s been nearly 30 years since eBay Inc. first tested the public\u2019s appetite for buying and selling items over the internet. Billions of transactions later, Steve Priest, eBay\u2019s CFO since 2021, is helping lead the company as an early adopter of another emerging [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[310,309],"tags":[],"class_list":["post-16987","post","type-post","status-publish","format-standard","hentry","category-310","category-news"],"_links":{"self":[{"href":"https:\/\/www.prime-ai.com\/en\/wp-json\/wp\/v2\/posts\/16987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prime-ai.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prime-ai.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prime-ai.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prime-ai.com\/en\/wp-json\/wp\/v2\/comments?post=16987"}],"version-history":[{"count":4,"href":"https:\/\/www.prime-ai.com\/en\/wp-json\/wp\/v2\/posts\/16987\/revisions"}],"predecessor-version":[{"id":16994,"href":"https:\/\/www.prime-ai.com\/en\/wp-json\/wp\/v2\/posts\/16987\/revisions\/16994"}],"wp:attachment":[{"href":"https:\/\/www.prime-ai.com\/en\/wp-json\/wp\/v2\/media?parent=16987"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prime-ai.com\/en\/wp-json\/wp\/v2\/categories?post=16987"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prime-ai.com\/en\/wp-json\/wp\/v2\/tags?post=16987"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}